COMMENT: Marty; I managed to get a copy of your Greatest Bull Market in History at an auction. You do know they bring $3,000+ I presume? But what stunned me in there is that you wrote how the Wall Street Journal falsely accused Jesse Livermore of trying to influence the presidential election by saying the […]
QUESTION: Marty, it is well known here in Britain that you advised Thatcher of course, but it was John Major you advised and even wrote what he said during the pound crisis and the Soros attack. Would you ever like to comment on that in public about what really happened during that crisis. The press will […]
QUESTION: You said McCain was born in the Panama Canal Zone and that raised the same question as Obama. In your legal view, was Obama qualified to be president or not? ANSWER: The Constitution does NOT say that someone must be born on US soil. It merely requires naturally born to be an American. “No […]
COMMENT: Mr., Armstrong, your solution video is splendid. What you say about government only interested in a crisis and not preventing anything makes perfect sense. I believe it was George Washington who said: “Government Is Not Reason, It Is Not Eloquence — It Is Force” Thank you for standing your ground. FH ANSWER: I do […]
Most core Asian markets recorded positive returns today and even saw the JPY trade back above the 111 level. Banking and Consumers were the leaders in the pack with the obvious losers being Healthcare stocks affected even in Asia by the US postponed insurance bill vote. Shanghai and Hang Seng both had little change even after the late US […]
Dijsselbloem’s comments regarding the Southern Europe reflect the political bias – not the general public at large within Europe. There are different cultures throughout Europe. In some places people will not cross the street until a light changes even if there are no cars. Other parts are like New York, lights are optional. There are […]
QUESTION: Hi Marty, A couple of questions please. When the Feds raised the rates last week why did the dollar mover lower? Also, with the trend change coming in May should we be out of the market? If so how long? Thank you S ANSWER: The Fed raised rates as expected, but that same day […]
Jeroen Dijsselbloem, Eurogroup President, has launched a storm of indignation as he insults half of Europe, illustrating the clash between the North and South. Dijsselbloem said of Southern Europe: “I can not spend all my money on liquor and women and then ask for your support.” This is how far politicians are disconnected from reality. Dijsselbloem will not […]
Today a closing above 20775 will signal that the Dow Jones Industrials is still holding firm. We see this period into May as consolidation. We have technical support at 20147 level and technical closing support at 20702. ONLY a weekly closing below 20000 would confirm a more sustainable correction into May. Otherwise, expect choppiness. […]
After an early dip, Asia moved back to close with gains across the board. The Nikkei played with the 19k level for most of the day but eventually closed +0.25% firmer. The safe-haven bid continued into the European session with JPY trading back to the mid 110’s but will be interesting to see where […]
