We saw healthy performances across all Asian Indices amongst the G20 headlines. There is much talk about additional fiscal stimulus coming from China whilst Germany takes the opposite view (expressed by Wolfgang Schaeuble) stating that easy monetary policy “risks serious side effects”. Core indices closed higher on the day (Nikkei +0.3% and Shanghai +1%) but […]
All the pundits on TV are expressing they are shocked that Christie has endorsed Trump. I really cannot imagine the surprise. Politics is supposed to be their expertise. Trump needed a VP who was at least establishment to placate the elites. Cruz is a no go and Rubio is showing how nasty and immature he […]
A comment by a reader with a philosophy is interesting and delusional at the same time. “Armstrong chose not to seek any compromise but to put all the blame on government. In principle, that’s got to be an absurd point of view. So it seems to me. One more thing, to his alleged factual correlation. Government […]
I have stated that Trump is the symptom and he is soaring because confidence in government is collapsing. The 2016 Edelman Trust Barometer, an annual global survey that assesses various levels of trust, reveals this shift from public to private as reported by Forbes.
The impact of the collapse in oil is having dramatic effects on taxation in the Middle East and suddenly on the issue of government debt. The UAE will implement a 5% value added tax (VAT) beginning January 1, 2018. UAE Minister of State for Financial Affairs Obaid Humaid Al Tayer made the announcement after listening to […]
Shanghai was the talk between many dealers again this morning after we saw heavy morning selling accompanied by afternoon selling, which resulted in a 6.4% decline in the index. Financials were one of the leaders as the FX yuan mid-point rate was set lower at 6.5273 to the dollar on Tuesday and on Thursday at 6.5318. […]
When we left the Asian and European session you could not give equities away, and this evening everything has seen an about change! No, for us this is confidence and the devil you know pitted against the devil you do not. The USD has been the key achiever across all time zones and although it may be […]
QUESTION: Mr. Armstrong; The World Economic Conference was outstanding. Your theme that Europe was the focal point for the coming chaos has been proven valid with each passing day. You have mentioned this is the time that will begin the collapse in public confidence within the EU even surviving. I must ask. Do you believe if […]
COMMENT: Marty; it has taken me some time to digest your thinking. I just wanted to say you have opened my eyes and I can see the connections. Trump is a symptom and not the cause. The press and politicians treat it as if they can defeat him they will reverse the trend. They do […]
To answer all the questions on training courses, it is on the agenda. We have old tapes of training sessions that we will try to blend together with recent video. The number one reason 90% of traders lose money is they are too emotional. You should never bet on fundamentals. To be consistent in trading […]
