For the General Public WEC, we sold out as usual. We have worked it out to add another 50 seats. The computer is managing this booking so I have not been on top of availability, I apologize. I have been busy programming and did not pay attention to this since it has been automated this […]
Well the week after Labor Day has lived up to its reputation. The Dow crashed on time, but the burning question is – will it follow-through? The Dow peaked on the 6th following Monday’s closing. It elected the first Daily Bearish Reversal on the 7th when it closed by 18533. Obviously, we did elect the […]
A Hillary presidency should be the best possible outcome for the markets since they should then begin to reflect what happens when you completely undermine confidence in government. Hillary holds first place in the poll for the perceived most dishonest presidential candidate ever to run. There will be an endless row of new scandals and how […]
QUESTION: Why are there so many Fed branches? It seems this is another way for government just to create jobs and pensions. ANSWER:I wrote several times that the original design of the Federal Reserve would have been a good, stabilizing entity for the economy had the politicians left it alone. At first, to ease […]
Asia was a mixed with a strong Hang Seng (+0.75%) an unchanged Nikkei and a slightly weaker Shanghai (-0.55%), which after yesterdays ECB Q+A session was actually very promising performance. However, it was not to last and as soon as Europe opened then the selling began. It started in the fixed-income markets but by afternoon […]
I have explained that watch the core regions in real estate and you will forecast the rest. Real estate booms and busts always begin in the core regions. As that property rises sharply, people begin to buy what is cheaper the next two over. This is the process of the economic wave in real estate […]
QUESTION: Marty; Why do you say your opinion is not worth much? You have been around for some time and you are the only analyst to have been behind the curtain. If anyone’s opinion carries any weight, it has to be yours. RJ ANSWER:Yes. Experience is everything. You cannot forecast something you have never seen, […]
Margaret Thatcher was spot on when she warned that Britain would not join the Euro for the covert maneuvers behind the scenes was to create the federalization of Europe – their real dream to be the United States of Europe. Thatcher was betrayed by her own cabinet because some members also were dreaming to federalize […]
QUESTION: Mr. Armstrong; You seem often to be the guy with the level head when everyone else is losing it. Now we have this doomsday day prediction of the end of the dollar come September 27th to 30th, depending on the guru selling newsletters. They are focused on the IMF simply recalculating the SDR to […]
Secondary economic data in Japan coupled with slight dovish comments BOJ comments and the Nikkei started to drift lower. At worse the index was down around 1% but a lack of follow through volume saw a reasonable bounce into the close. Eventually, the Nikkei closed down 0.3% which, around mid afternoon looked very unlikely. The […]
