QUESTION: First question: Disappointed I have not heard an opinion concerning OPEC’s continuation of reducing oil out put. Can the US shale drillers fill the void and or can the Canadian and Mexican producers ramp up any shortfall into the US Second Question: What is your opinion on the Chinese Yuan being pegged to the […]
Municipal Bonds are in trouble in Europe as well as the United States. The local level cannot print money, nor are they ever capable of managing their economies. The general view is when short, just raise taxes. Everything comes to an end and we are looking at the end of a Muni-Bond Bubble. The […]
There is a very REAL plot to overthrow Trump led by the political establishment and aided by the mainstream press.. This is not simply speculation – this is the real deal. Of course the Washington Post and New York Times are in full swing to get rid of Trump. No matter what it might be, […]
Many markets were closed today and so volumes are traditionally low. Another test missile over the weekend rattled markets initially but the lack of follow-through soon saw nerves settle. The Nikkei finished more-or-less flat with the JPY safe-haven bid failed to materialize. the currency continues to play around the mid-111’s but has plenty of data […]
On Tuesday U.S. officials, under the guise of anonymity, leaked the name of the suicide bomber responsible for the attack at an Ariana Grande concert in Manchester before the British police had officially named him causing greater skepticism for allies sharing intelligence with the United States. There is something seriously wrong in the intelligence community […]
QUESTION: Mr. Armstrong; I have read where some people are claiming this “Shari’ah Standard on Gold” will become the new “reserve currency” and this seems really just nuts. I understand there are 2 billion Muslims in the world, but they seem to forget that this is once again wild speculation. Any thoughts? OP ANSWER: No. This […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/05/Comey-Oversight-May-3-2017.mp4 QUESTION: Mr. Armstrong; I respect your legal reasoning. A friend of mine is a lawyer and he said you are pretty sharp. So I pose this question. People are claiming that James Comey’s testimony on May 3, 2017 is the smoking gun that proves Trump did not ask him to stop the investigation into […]
The US government plans to sell half of the Strategic Emergency Oil Reserves and gasoline. The days of OPEC embargoes of the 1970s are now long past. The government plans to increase its budget for the financial year by $500 million. Therefore, over the next decade, the government wants to increase financial leeway by as much as […]
QUESTION: Hi Martin, Long time… perhaps you can reflect on the indicator of the Shiller CAPE ratio? Not that it is a predictive sell/buy signal in itself, but it is an indicator showing history R ANSWER: The Shiller Cyclically Adjusted PE Ratio known as CAPE, is a particular PE ratio invented by Robert Shiller of […]
