Obama is reviewing the ban on military weapons for police forces after multiple instances of deliberate attacks on police officers. Instead of prosecuting the bad police officers, they are preparing to dig their heels in and arm the police to escalate the confrontation between the people and the police. This, unfortunately, is also how Rome ended. […]
QUESTION: Hello, Mr. Armstrong. Some years back, I asked what would happen if everyone knew about the ECM. You provided an answer on your blog. Now, that the trader version of Socrates is soon to be made available for the public…: What happens to the trading community (market makers / service providers / traders) when you […]
QUESTION: Marty, it was interesting for you to mention some chinese history including the mongol empire the other day. i am currently studying the monetary history of china. am reading the book “Fountain of Fortune” and “History of Money” by Glyn Davies. Davies mentions how the Roman monetary system collapsed in about nine years, […]
Japan remains unloved opening down 1% and then drifting even lower as exporters led the way. The JPY has seen the safety bid for the majority of the week whilst the Nikkei has lost around 4% so far. Finally we saw a little support return for JGB’s since the news but then they have seen yields rising (or I […]
As they lose ground in the Middle East, ISIS is continuing to lash out while expanding their terrorism since they cannot win the war. They have now come out and threatened Russia. “Listen Putin, we will come to Russia and will kill you at your homes … Oh Brothers, carry out jihad and kill and fight them,” a […]
Japanese 10-year bonds have crashed because the government is stopping its bond-buying program, at least for now. Prime Minister Shinzo Abe’s monetary policy is starting to demonstrate the dangerous position we face on a global scale with respect to interest rates and debt. Japanese 10-year bonds have crashed since the Bank of Japan now holds over […]
QUESTION: Mr. Armstrong; Do you think that Hillary can win? And if so, what would happen? Thanks RP ANSWER: Our model is not unanimous for Trump. There is technically a 25% chance that Hillary could win, which one of our four models projects a Democratic victory. However, if you look at the mainstream channels from […]
$278bn and the market is still disappointed! Despite the package provided by the Japanese government today late futures trading has followed the weaker cash market and extended losses by another 2%. Confidence is slightly dented as the market was hoping we would see the helicopter approach and that is why the market continued to sink […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/07/Sinking-House.mp4 Well, home ownership in America is falling to a 51.6-year low. The actual share of Americans who own their homes fell to 62.9% in the second quarter, which was the lowest since 1965, according to a Census Bureau report. What is happening is two-fold. Net real wages after taxes have been declining. Combine this with […]
