All core Asian Indices suffered as concerns surrounding the oil price continued to drive market sentiment. Late rumours that Saudi’s Aramco were in talks with Hong Kong’s Sinopec of a possible refinery investment within China. This news certainly helped their share … Continue reading →

We will post a 35-minute video update to the World Economic forum (see “Helpful Video” thread) that will cover key markets. We have warned that January looked like a correction all around. Wall Street rallied after a hesitant start on … Continue reading →

The People’s Bank of China held a seminar yesterday to discuss the issuance of a digital currency. The Chinese central bank said issuing a digital currency would have positive implications as it would reduce the high printing and circulation costs of … Continue reading →

The Dow has fallen back to retest last year’s low. The number we gave is weekly, not daily. So that comes into play for Friday’s close.

Speculation is, at last, starting to rise that the HK$/US$ peg could break. The all-powerful governments are suddenly being seen as no so powerful. The massive dollar rally that our model has been forecasting is rather straight-forward. The higher the … Continue reading →

QUESTION: Mr. Armstrong, your real estate cycle turned up from 1955. It does not match the Case-Shiller index which peaked in 1890s and bottomed in 1920 and then began to rally after 1940 into the 1955 period. Something seem strange with … Continue reading →

Well, today was fun! Asia suffered from the start with heavy selling across the board. Both the Nikkei and HSI closed down almost 4% with Shanghai losing just 1%. Most blamed the IMF down-sizing its growth forecast (from 3.6 to … Continue reading →

The most telling sign that we are heading into a real political economic shit storm is the fact that “TRUST” is collapsing on all sides. Obama is looking for any opportunity to disarm Americans. Why? This is simply because government is … Continue reading →

Some people have asked why I bother to follow weather. I became a partner in a firm called Strategic Weather, known today as Planalytics, that is geared toward forecasting weather for business. I did long-term forecasting for the company. Their database … Continue reading →

Overnight the Chinese data that the whole market was waiting for actually missed on the estimate (forecast was 6.9 but actual came in at 6.8) but all was forgiven after the PBOC injected more liquidity combined with rumours of additional … Continue reading →