QUESTION: Mr. Armstrong, I find it remarkable that your model has always been correct in predicting the economy’s direction. This latest US inflation number shows that it was subsiding, cooling down to the slowest pace since 2021, right in turn with your Economic Confidence Model. Treasuries rallied on expectations that the Fed might cut rates. It […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 251.82 points or 0.61% to 41,831.99 Shanghai decreased 20.01 points or -0.68% to 2,939.36 Hang Seng decreased 51.56 points or -0.29% to 17,471.67 ASX 200 decreased 12.90 points or -0.16% to 7,816.80 KOSPI increased 0.61 points or 0.02% to 2,867.99 […]
Inefficient politicians consistently cite additional taxation as the solution to their nation’s economic troubles. The housing crisis in Canada is has spread to every province. Instead of addressing availability, the disproportionate demand brought on by multiplying the nation with migrants, or any of the countless fiscal policies that have contributed to inflation, the Canadian government […]
Health agencies reported new cases of “The Black Death,” officially known as the bacterium Yersinia pestis in the United States. The plague is transmitted through fleas and is notoriously known for claiming the lives of over half of Europe’s population. “Plague can be treated successfully with antibiotics, but an infected person must be treated promptly […]
Polls are already asking voters whether they would support Hillary Clinton as president. Even international news outlets are posting this information. When did Hillary suddenly enter the race? Democratic firm Bendixen & Amandi conducted a poll to see how the public would respond to a Clinton presidency. Of the 86% of respondents who watched the […]
POLITICO has reported that the Paris prosecutor’s office confirmed that they have launched a criminal investigation after a preliminary inquiry. The investigation has targeted Marine Le Pen’s previous presidential bid in 2022 with allegations of embezzlement, forgery, fraud, and a candidate on an election campaign accepting a loan. It is curious that such criminal prosecution of […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 251.82 points or 0.61% to 41,831.99 Shanghai decreased 20.01 points or -0.68% to 2,939.36 Hang Seng decreased 51.56 points or -0.29% to 17,471.67 ASX 200 decreased 12.90 points or -0.16% to 7,816.80 KOSPI increased 0.61 points or 0.02% to 2,867.99 […]
It should alarm every American citizen that the sitting President of the United States, who has opened our border to over 9 million illegals, just announced that he would veto our bill to prevent noncitizens from voting. pic.twitter.com/gekEIsM6Tz — Speaker Mike Johnson (@SpeakerJohnson) July 8, 2024 The Biden team is out of options after his […]
Unemployment in Canada ticked up by 0.2% in June to 6.4%, yet the economy lost 1,400 jobs. Around 1.4 million Canadians were looking for work as of June 2024, a 42,000 person increase from May. Overall employment has fallen in eight of the past nine months to 61.1% in June. So where are all the […]
World leaders spend recklessly with no regard for the overall economy. Canadian Prime Minister Justin Trudeau has fallen out of favor for one primary reason – the cost of living is too high. Canada is deeply indebted, and now ranks the third-highest nation in household debt in the world. Switzerland and Australia are the only […]
