Japan finally saw a down day (-0.25%) that could be allocated to the individual performance of Nintendo shares, which declined over 12% today due to the delayed launch of the “Pokemon Go” app in Japan! However, the Hang Seng did return a nearly 1% gain today with Shanghai having a small loss, which was a […]
The deliberate killing of police in Baton Rouge, Louisiana has been the subject of much propaganda. President Obama did not address what is obvious to everyone and tried to cover up the root cause behind this new wave of violence. “There is no justification for violence against law enforcement. None.” Obama said. “These attacks are the […]
QUESTION: Mr. Armstrong; You have been warning that we are in an upward trend now for civil unrest which includes coups to revolutions as distinguished from a foreign war or invader. At the Berlin cocktail party last year you said Turkey was a risk for the risk in civil war. You said it should begin […]
QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy is threatening the entire banking system of Europe? ANSWER: The bail-in policy of the IMF and ECB was directed at the idea that the rich would pay, […]
Everyone knows these people just read whatever they are handed from the teleprompter. Trump himself has been more rouge when it comes to that. It seems that the Republicans took their shot and tried to make his wife look really bad by handing her a script that was obviously plagiarized from a speech Michelle Obama […]
Some say the Nikkei is close to ending its bull run after seeing some impressive gains recently. However, after the long weekend we have seen yet another 1%+ gain, but that has yet to halt dealers still trying to call the top. A better performance than its peers as Shanghai and Hang Seng returned loses […]
The horror of refugees getting away with raping European girls because politicians do not want to admit what they have done is just insane. However, this self-serving police is starting to give way. A 24-year-old refugee asylum seeker from Iran, not Syria, made an initial court appearance on Monday to face charges of having raped a […]
(Note: The blue labels mark the change in the issues we used to create this perpetual index for long bonds) Germany sold 10-year debt at a negative yield on Wednesday of last week, becoming the first Eurozone nation to do so and setting a further milestone in the relentless fall of government bond yields around […]
Angela Merkel has finally admitted that she essentially invited terrorists into Germany, and thus to Europe, in the obvious wake of the Nice attack. Besides security, this will have a major impact upon the economy of Europe as tourists are frightened away. Even prior to the Nice attack, the US State Department put out a travel alert for Americans […]
The pro-establishment, anti-Trump effort failed on the floor of the Republican Convention on day one. They were trying desperately to stop Trump as if they have any viable alternative other than some career politician to help keep the status-quo. John Kasich is an example of a career politician who really needs to be driven from office […]
