Asia opened still with the buzz of Fridays surprizing good payrolls number. There were some concerns surrounding the sanctions the United Nations imposed on North Korea but these were quickly dismissed as the day wore-on. In Japan the Nikkei was not to sure in which direction to move and suffered a little ahead of lunch […]
The Finance Minister of Canada, Bill Morneau, has announced that the government is now targeting private corporations and fundamentally changing the way businesses are taxed. The Canadian government is focusing in on income sprinkling, earning passive investment income in a corporation, and converting a corporation’s ordinary income into tax-preferred capital gains. Effectively, the Canadian […]
New South Wales in Australia has doubled property taxes for foreign real estate buyers. Of course this violates international law, but governments are broke and they are doing their best to destroy the world economy from every which direction. The politicians are responding to Australians who see foreign buyers of property causing a real estate […]
Having watched the VIX break the psychological 10 level once again today, it looks comfortable in single digits having digested Fridays NFP’s report. YTD, it remains down around 25% but with volumes so low, we must ask the question – does this indicator still warrant such attention! As traded volumes decrease and market […]
QUESTION: Marty; back in the 1980s you would show your proprietary index on the overvaluation of the broad share market filtered in currency and capital flows. You have mentioned it is by no means an overbought market. Can you post an update of that index? You haven’t shown it recently that recall. I know you said […]
This year’s WEC (World Economic Conference) is time to address the beginning of the most important event perhaps in our lifetime that stands on the event horizon to begin in 2018. We have nearly reached our second target on the Dow Jones Industrial Index – 23,000. They laughed at our forecast back in 2011 that […]
They are calling this in the Year without an Arctic Summer. The Greenland Ice Sheet is gaining near record amounts of ice this year. Very little melting has occurred this summer, which is about to start coming to an end. Europe has been unusually cool once again after last year ice wiped out crops all the […]
COMMENT: Just to give you the heads up on diesels (Source my brother in the Industry). During the 70’s when Japanese were dominating car imports in Europe. France came up with the idea of giving preferential treatment to diesel cars as the French Car Industry was ahead of the Japanese in diesel engines. (the pollution […]
QUESTION: Dear Mister Armstrong, I have been pondering the thought of Mr. Tump actually welcoming a war with South Korea since Kim Jong Eng launched the first missile via the genesis of the Trump administration. If a war materialized would it not have a actual possibility of stinging China’s economy to a certain degree after all […]
QUESTION: On Aug. 2 in your blog that you stonily recommend that everyone keep 30 days worth of cash was that just for the Eu? Thank You S ANSWER: No. Even FDR closed the banks. While bailouts have ceased, the government will simply now expropriate depositors money to save the banks. Keep in mind that […]
