The International Monetary Fund (IMF) is always the cheerleader to raise taxes to support government. They are instructing Germany to raise taxes and also talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read that one correctly. The IMF has told Germany it should raise […]
A positive day across the board for Asian equity indices with KOSPI setting the pace (+1.16%) creating new records as it goes and with the ASX just managing a small +0.5% profit. The Nikkei continued its run (+0.3%) but remains under the psychological 20k mark, even as the Yen traded with a 114 handle. The […]
With the CBOE Volatility Index (STOXX: .VIX) at its lowest level in over 10 years, many people call this the fear gauge and are concerned that people have become complacent. The VIX, is by no means a perfect measure of overall fear in the market. How we measure volatility depends upon the formula. Here are just […]
Trump fired Comey who was the head of the FBI. Trump said he fired Comey for his handling of an election-year email scandal involving then-Democratic presidential nominee Hillary Clinton. This is a perfectly valid argument, but he should have done that some time ago. Removing Comey now has only raised suspicions among Democrats and the Republic […]
Emmanuel Macron’s victory promises no change for Europe and it has been the blessing Brussels wanted so badly to further advance the federalization of Europe. Macron will surrender far more French sovereignty to Brussels than anyone suspects based upon reliable sources. Macron is a technocrat and the youngest President in France ever at 39. His message […]
Attendees are receiving the 2017 Cycle of War complementary and a Special Report – Gold-Guns-War, which is the most authoritative study ever undertaken to trace how gold performs in international and civil wars trace its movement through many different types of affairs. This is a report we will make available to the general public after […]
Asian markets were unsure in what to do when the news of Comey’s dismissal arrived over the tapes and will probably be debating that again in Thursdays trading. Core markets closed mixed today with a positive close for the Nikkei (+0.3%) accompanied by the Hang Seng (+0.5%) and the ASX (+0.6%), but saw a […]
QUESTION: I read Zero Hedge on where a Federal Judge Declares Constitution Void, Threatens Civil Defendant With Death. These judges are really out of control. How can they keep someone in a civil case in prison until they die? ANSWER: Because the Court of Appeals do absolutely NOTHING to defend the citizens in the country, we […]
https://www.armstrongeconomics.com/wp-content/uploads/2017/05/Going-Against-Majority.mp4 QUESTION: I find it interesting that you say the majority must always be wrong. I read Kenneth Rogoff’s comment on Davos and how the predictions there are always wrong. Do you think this can ever change or is it just how it works? ANSWER: Yes, I reported on that comment by Rogoff. The MAJORITY must […]
QUESTION: I am new to your services. I purchased the Canadian report on the property markets. I am fascinated by your ability to forecast so many events. I understand it is the computer for sure and no individual has the time to forecast so many markets all the time. It appears your forecast on the […]
