Some say the Nikkei is close to ending its bull run after seeing some impressive gains recently. However, after the long weekend we have seen yet another 1%+ gain, but that has yet to halt dealers still trying to call the top. A better performance than its peers as Shanghai and Hang Seng returned loses […]
The horror of refugees getting away with raping European girls because politicians do not want to admit what they have done is just insane. However, this self-serving police is starting to give way. A 24-year-old refugee asylum seeker from Iran, not Syria, made an initial court appearance on Monday to face charges of having raped a […]
(Note: The blue labels mark the change in the issues we used to create this perpetual index for long bonds) Germany sold 10-year debt at a negative yield on Wednesday of last week, becoming the first Eurozone nation to do so and setting a further milestone in the relentless fall of government bond yields around […]
Angela Merkel has finally admitted that she essentially invited terrorists into Germany, and thus to Europe, in the obvious wake of the Nice attack. Besides security, this will have a major impact upon the economy of Europe as tourists are frightened away. Even prior to the Nice attack, the US State Department put out a travel alert for Americans […]
The pro-establishment, anti-Trump effort failed on the floor of the Republican Convention on day one. They were trying desperately to stop Trump as if they have any viable alternative other than some career politician to help keep the status-quo. John Kasich is an example of a career politician who really needs to be driven from office […]
Despite weekend press of Turkey, BREXIT and a small early CPI miss for New Zealand (0.4% against an expected 0.5%) and with Japan on a national holiday, all of this resulted in a rather lacklustre start to the week. Shanghai saw a fairly tight trading range (<1%), closing off the days lows but still down […]
QUESTION: Marty; You said we could see new highs form in 2016 for the Dow, but the breakout is more likely in 2017. Has that changed? BD ANSWER: We will be updating the share markets shortly. No, that has not changed yet. We did not elect the Quarter Bullish Reversal at the end of June. […]
COMMENT: Mr. Armstrong; I was against BREXIT. I understand your view that Britain would be dragged under by the turmoil in Europe. I assume this is just your opinion on that matter. Are you contradicting yourself here? REPLY: No. It is not my “opinion” that perhaps Britain would be sent into an economic decline with Europe. Britain has […]
Ever since Comey laid out all the evidence on Hillary, her polls have been collapsing and she is now dead even with Trump. On top of that, the FBI investigators had to sign a gag order. What else are they covering up? Hillary’s email scandal is far bigger than most people realize. They point to her selling the […]
QUESTION: Mr. Armstrong; The taxation of the internet seems to be rising. At the same time it appears as though this could really harm the economy by reducing competitiveness of small companies trying to comply with collecting taxes of so many different states. Have you looked at this as a possible factor in creating the […]
