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Market Talk – January 11, 2024

January 11, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 608.14 points or 1.77% to 35,049.86 Shanghai increased 8.95 points or 0.31% to 2,886.65 Hang Seng increased 204.76 points or 1.27% to 16,302.04 ASX 200 increased 37.50 points or 0.50% to 7,506.00 Kospi decreased 1.71 points or -0.07% to […]

The Real Horror of Labor Statistics

January 11, 2024

Let me explain about labor statistics. Back in the ’90s, one staff member was in charge of verifying all government statistics worldwide. That project produced some really eye-opening facts. We discovered that in GDP, the government counts total government spending and total personal income (private & public). We could not find where they were backing […]

US Kids Forced Out of School for Illegal Migrants

January 11, 2024

Approximately 1.9k migrants from Floyd Bennett Field will be temporarily relocated to James Madison High School The school will be shut down and students will attend virtual classes This incident confirms what we knew all along, the camp at Floyd Bennett Field is unsustainable pic.twitter.com/SsNi41vFty — Thomas P. Sullivan (@Sully4Assembly) January 9, 2024 The US […]

Bureau of Labor Statistics Fabricated One-Third of Newly Created Jobs in 2023

January 11, 2024

The US government consistently lies on their jobs reports released by the Bureau of Labor Statistics (BLS). The agency initially cheered at the 3,140,000 new positions created in 2023, but later revised the figure down to 443,000. But wait, the BLS made another miscalculation in March to the tune of 306,000 jobs. This means that […]

The West is Sacrificing Ukraine to Invade Russia?

January 11, 2024

  The former Prosecutor General and ex-head of the Ministry of Internal Affairs of Ukraine, Yuriy Lutsenko, has publicly come out and said that Ukraine lost 500,000 soldiers, killed or seriously wounded, since the beginning of the Russian special military operation/invasion. When I reported this months ago, of course, I got the hate mail accusing […]

Market Talk – January 10, 2024

January 10, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 678.54 points or 2.01% to 34,441.72 Shanghai decreased 15.55 points or -0.54% to 2,877.70 Hang Seng decreased 92.74 points or -0.57% to 16,097.28 ASX 200 decreased 52.00 points or -0.69% to 7,468.50 Kospi decreased 19.26 points or -0.75% to 2,541.98 […]

Elections Are Now the Threat to Democracy

January 10, 2024

https://www.armstrongeconomics.com/wp-content/uploads/2021/01/FT-Populism.mp4   When Trump won in 2016, that is when it all started. Democracy suddenly became evil “populism” for how dare the people try to vote career politicians out of power. They began their hate campaign against Trump because they could not allow an outsider to upset their feeding troff. I was handling many calls […]

Why We Should Not Blame the Federal Reserve

January 10, 2024

One piece of analysis commonly misconstrued is the Federal Reserve’s role in the nation’s economic health. Even those who have the ability to piece together other variables that often go unnoticed commonly point their finger at the Federal Reserve. No one is factoring in the largest driver of inflation – WAR – nor are they […]

Media Literacy and Disinformation Courses in Public Schools

January 10, 2024

As of January 1, California now requires students to learn media literacy throughout K-12. Will this curriculum update teach kids to fact-check the biased mainstream media or question everything? No. This bill is aimed at dismantling what the establishment has deemed as “misinformation” in recent years with the goal of rewriting history. Governor Gavin Newsom […]

NY Fed Survey: Americans Optimistic on Inflation

January 10, 2024

According to a recent survey by the New York Federal Reserve, Americans’ inflation expectations have dropped to the lowest level in three years. “How much worse could it get?” the average person assumes. The median expectation is that the inflation rate will be up 3% one year from now, down from a high of 7.1% […]

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