COMMENT: Martin – I wanted to let you know that I stopped at a Jimmy John’s today and they wouldn’t allow me to use cash. They had no drawer or physical money on the premises. It was either chip card or no sandwich. They claimed it was their first store in the nation to go […]
The U.S. federal courts do whatever they possibly can to avoid real issues to maintain powers that are clearly unconstitutional. I reported last year when Judge Leigh Martin May struck down a SEC order on this challenge back in June 2015. Now on September 15, 2016, the 11th Circuit Court of Appeals has dismissed it, claiming that such a challenge must FIRST be made […]
QUESTION: Hi Martin I am a follower of your blog. I have a question on your post “Financial Capital of the World & Its Migration” dated 30th sep 2016. I was looking at the graph where Y-axis indicates the scale of Economic Progress (in terms of % of world GDP) against time on X-axis. The decline […]
A steady but quiet day in Asia saw a good performance all around with 0.5% better return. JPY continued its decline reaching the mid 103’s as the Nikkei’s run gained pace. However, the main talking point today even for Asia was the talk of ECB considering to cut-back on their QE pace. Most guys we […]
Obama has been raising the stakes by going head to head against Putin in Syria. Putin has retaliated by suspending the nuclear pact with the United States, which is now raising stakes with Washington. This suspends the plan to clean up weapons-grade plutonium. According to a report, the CIA is to supply the mercenaries in Syria with heavy weapons.
QUESTION: Hello Martin and thank you for all your fascinating and informative emails. I’m probably naive and unrealistic (if everything goes in cycles maybe it’s just the way of the World) but I just read your email about Sears and felt pretty sad to see something that survived well for a long time and provided so […]
QUESTION: Mr, Armstrong, Just how stupid do these leaders really think we are? The ECB Governing Council member Ewald Nowotny said there is no banking crisis. “We are in a transition and learning process.” KR ANSWER: Well they think we are stupid, and the press is either brain-dead or corrupt. It is unbelievable. However, if we […]
QUESTION: I read your blog daily, first thing in the morning. What surprise me is your ability to see through the dust. Socrates has been of real help and thanks a lot. I have a concern within Nato governance that I like your view on. Trump has not touched it however how can there be […]
With China still on national holidays (Golden Week) trading was quiet but maintains the same trend. That being stronger equity markets offsetting the weaker currency. The JPY today hit recent lows (102.50) whilst the Nikkei heads for levels not seen since Q1. The 17k level remains the intraday psychological barrier where traders feel nervous as […]
