Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. This is why the Yellen is not so eager to move to negative rates and has continued to take the view that rates must be normalized (raised). That is far more […]
A number of people have been asking what will be on the tablets we are handing out to attendees for this year’s World Economic Conference in Orlando. We are providing important tools in addition to some video. Among the tools will be our date converter. This will create the proprietary date structure we use in the […]
I have warned that when I am traveling these days, the question always posed is – “How much cash do you have?” Even traveling to Warsaw, there are big signs saying you may not have more than €10,000 in “value” on your person. In Italy, if it looks like you have a lot of jewelry, they […]
QUESTION: Mr. Armstrong; Does Hillary have health issues? This is the hot rumor that we do not know what is true of not. Do you have any information on this topic? Thank you KJ ANSWER: No I do not have any direct confirmation. I know this is the big rumor and there is probably something […]
The fast food chain Domino’s has delivered the first deliveries of the world a pizza by drone. The test flight took place in New Zealand on Thursday. Later this year Domino’s will launch a field trial in New Zealand. Europe will be a problem for Domino’s Pizza to deliver from the air. The obstacles regulating the air […]
For those who would like to review the actual text of the new regulation, here it is. savings-arrangements-final-rule
The idea behind private federal prisons was to save money, but they did not. They billed the government the same and now they are losing their business. The US Justice Department has announced that it will phase out its use of privately owned prisons. They are citing safety concerns because of investigations that revealed rampant abuses with dozens […]
The revelations about Hillary are never ending. Even Donald Trump who admits buying politicians donated $100,000 to Hillary’s Foundation back in 2009. While others were handing her tens of millions to get deals from the State Department, with a token $100,000, Trump was obviously just putting his name on the list for influence as he […]
Ahead of Jackson Hole a mixed response in Asia with a choppy day for the Nikkei. Initially, the Nikkei saw a sell-off then an attempted rally just after lunch but that was to fizzle-out eventually closing down 1.1%. The JPY remained in a tight range and continues to play with the par level. There remains a […]
Private Blog Update for the Dow going into the week-end closing today
