Volumes are always low when many markets are closed and that is what we saw in todays trading. Under those conditions the Nikkei returned a positive performance as the Yen continued Fridays heavy theme having spent much of the day in the high 111’s. This is not a huge move but a weaker currency will […]
The closing for April in the Dow Jones Industrial Index was very interesting to say the least. The closing at 20940.51 was just under our numbers defining bullish indicators – 20770-20975. This tends to suggest we are not breaking-out just yet and the turning point to watch has been the week of May 8th. If we […]
The Debt Ceiling issue is back and of course people will sell the dollar as if the USA would actually default. The bulk of the debt is owned by the government so any default would send the economy down and pension funds from Social Security to government pensions. Nobody pays off their debts. All countries […]
QUESTION: Marty; I find it really amazing how your computer picked Ukraine, then Syria, and then you said in an interview that you regard Korea as the most dangerous of the three. Is this all cyclical based? Thanks Looking forward to Hong Kong PL ANSWER: Yes. We feed all information into the system that is […]
QUESTION: Mr. Armstrong; Did anyone ever save the world financial system during the 1998 Crash or the 2008 Crash? Also, you said that government will never heed the advice of anyone. You worked on Capitol Hill and testified before Congress and was called upon to form the G5. Yet you say it is impossible to […]
QUESTION: Marty; Will you be going over the type of monetary reform you see coming and how to position oneself for this and when it should arrive? What do you think about the SDR proposed by some replacing the dollar? Any response as to why you always seem to be right? Thanks See you in […]
In order to achieve the American Dream, Americans must be able to keep more money in their pockets and increase after-tax wages. We must work to simplify the tax code by reducing the number of income brackets. Income Taxes are no longer necessary when money is not tangible. See solution on YouTube We must discourage […]
QUESTION: Kim Jong-un is clearly a mad-kid, not even a man. You have said the danger with him is he thinks he could actually win against the United States and South Korea. Now Trump want’s South Korea to pay $1 billion for a missile defense system. That does not seem to be a lot of money these […]
After the US closed we saw yet more encouraging results from the likes of Alphabet (Google parent) and Amazon (+4% futures) which has boosted confidence into the Asian session. However, that run did not last long as comments from President Trump concerning North Korea certainly unnerved markets resulting in a mixed close for month end. […]
QUESTION: Mr.Armstong in the past you talked of a down trun in the market in May.Since Trums TAX you have gave the impression everything is ok till 2018 is that correct? THANK YOU SM ANSWER: There has not appeared to be a condition where one would warn of a crash in the stock market. The […]
