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IMF Digital Currency to Replace the Dollar

June 14, 2024

  Years ago, when I wrote that Bitcoin was created by the NSA, some Bitcoiners attacked me and insisted that Satoshi Nakamoto was the creator of Bitcoin.  Yet someone who created such a product never stepped forward and would have been a billionaire on royalties. But this fictional character was not much different than Lee […]

G7 Dancing with Russian Assets and Poking the Bear

June 13, 2024

The G7 (Group of Seven) leaders reached an agreement on June 13th to utilize frozen Russian assets in their continued support of the war in Ukraine. However, they dance very carefully with the bear. They are NOT handing the actual assets to Ukraine – the most corrupt country perhaps in the world. The Pandora Papers revealed that […]

Market Talk – June 13, 2024

June 13, 2024

ASIA:   The major Asian stock markets had mixed day today: NIKKEI 225 decreased 156.24 points or -0.40% to 38,720.47 Shanghai decreased 8.55 points or -0.28% to 3,028.92 Hang Seng increased 174.79 points or 0.97% to 18,112.63 ASX 200 increased 34.20 points or 0.44% to 7,749.70 Kospi increased 26.72 points or 0.98% to 2,754.89 SENSEX […]

Summer Webinar Series – Tickets Available!

June 13, 2024

  Upcoming Webinar Series – Take Your Trading to the Next Level! Do you want to deepen your understanding of economic cycles and how they influence market trends? We’ve heard your requests for continued education and are introducing three new webinars. Join us for one or all three exclusive webinars designed to equip you with […]

EU to Surrender Russian Assets to Ukraine

June 13, 2024

The United States discussed plans to provide Ukraine with a loan paid out with Russian assets that have been frozen since the start of the war. The bulk of frozen Russian assets lie in Europe, and the European Union has announced its plans to “make Russia pay” by allocating those assets to Ukraine to fund […]

Job Replenishment – Migrants Secured 75% of ALL new Jobs Under Biden

June 13, 2024

Steven Camarota at the Center for Immigration Studies produced a new study published by Breitbart that explains the truth behind America’s seemingly low unemployment rate. Millions of migrants have entered America under Joe Biden. The jobs reports may seem strong each month but Fed Chair Powell himself said he has not been impressed by the […]

Fed Holds Rates – What Tools Are Left?

June 13, 2024

The Federal Open Market Committee unsurprisingly voted to maintain rates at 5.25% to 5.5%. The numerous cuts others were anticipating are completely off the table, as the central bank said there might be one reduction for the year compared with their optimistic forecast made in March of three rate reductions in 2024. “In recent months, […]

Attorney General Held in Contempt of Congress

June 13, 2024

https://www.armstrongeconomics.com/wp-content/uploads/2024/06/Garland-Contempt-of-Congress.mp4   The Rule of Law has been torn to pieces. The entire Justice System in the United States is rapidly becoming a joke internationally as we border on becoming indistinguishable from the Banana Republic, where the pretense of law is only the self-interest of those in power. In Plato’s classic work, you will find […]

Market Talk – June 12, 2024

June 12, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 258.08 points or -0.66% to 38,876.71 Shanghai increased 9.42 points or 0.31% to 3,037.47 Hang Seng decreased 238.50 points or -1.31% to 17,937.84 ASX 200 decreased 39.90 points or -0.51% to 7,715.50 KOSPI increased 22.85 points or 0.84% to 2,728.17 […]

India Angers China with Neutrality on Taiwan

June 12, 2024

India has made an attempt to remain neutral throughout this massive world conflict. They are in BRICS, conduct business with the West, and abstained from voting for ceasefire between Israel and Palestine. Yet it is not possible to remain neutral amid such intense tensions between nations. India recently angered China by accepting a congratulatory message […]

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