Core Asian markets performed well today on what has potential to be an extremely volatile week. The Nikkei bounced from early weakness but was more playing off-set from currency moves. The mood did not start so well for Japan after January Machinery Orders came in way below estimate (-3.2% against forecasts of +0.5%). This obviously […]
The Wikileaks Vault 7 of the CIA espionage has exposed the fact that they are spying on every individual in Germany from Frankfurt. Here is yet another blow to undermining public confidence in government. The CIA is allowed to spy on the entire German economy, every individual citizen, every politician, every lawyer, every businessman […]
The Trump administration moved on Friday to sweep away virtually all of the remaining vestiges of the Obama administration prosecutors at the Justice Department. They ordered 46 holdover U.S. attorneys to tender their resignations immediately. Demanding resignations from US attorneys is actually standard operating procedure in the DOJ whenever a new administration assumes power. Traditionally this […]
QUESTION: Hello Armstrong, Thank for you the great post “The Future – Putting it All Together”. It helps a lot to get a good overview, considering everything is connected. One question, you say “Real estate is nice for some part of a cash holding, but it is taxed to hold it and it is not liquid.” […]
QUESTION: Mr. Armstrong, I am 82 years old and ask the question which is much on my mind—- Where is the best place to park cash in this very difficult time. Right now almost all of my cash is in money market funds with the returns very low, yet there is still risk of loss. I […]
QUESTION: Why couldn’t Trump turn the Budget crisis into an opportunity and simply tell the American people that we have a budget cap and we will live within it and scrap temporarily his grandiose plans for big tax cuts and job creation. This would also put a lid on wild spending by politicians. ANSWER: Trump should […]
QUESTION: Dear Mr. Armstrong, as a daily reader of your blog I noticed the recent comment on the norweigian real estate market. You wrote that it was capital flight from the eurozone that made the prices go higher. Parking, not speculation, It seemed, in the light of everything, as a very natural development. As the […]
QUESTION: Do you think Trump is really a racist? I do not quite understand this. It seems like this has been manufactured simply because of his travel ban. Can you shed some light on this? Do you think Trump will really make a difference? Thanks MW ANSWER: There is no evidence that Trump is a […]
While Europe is certainly not turning bullish, what we do see is a bounce due to the fundamental focus of the pending US debt ceiling battle looming on the horizon. Naturally, the press will be blaming Trump so we should be prepared for headlines like US going to default. The press will use this incident […]
We have moved our servers to Florida. We are still in the process of expanding them. For everyone who has seen their subscription expire, we are extending that free of charge until the payment system is integrated. That we hope will be by the end of the month. For now, you will be able to […]
