A very quick and easy approximation for π is 22/7 = 3.1428571… But as you can see, 22/7 is not exactly correct. In fact, π is not equal to the ratio of any two numbers, which makes it an IRRATIONAL NUMBER. An irrational number is a real number that cannot be written as a simple fraction. Irrational means […]
The central bankers are simply crazy, not evil. They are trying to steer the economy by utilizing this simpleton theory that if you make something cheaper, someone will buy it. Japanese and German cars managed to get a major foothold in the U.S. because the quality of U.S. manufacturers collapsed, thanks to unions. The socialist […]
QUESTION: Hi Mr. Armstrong, Some of your readers, me included, wonder how the Dow is going to get to 23,000 or more, especially as we go through an economic slowdown. This would suggest a P/E of around 23 or higher. Is the common thinking that would accompany such a move similar to past manias (tulipmania, […]
QUESTION: Do you think value investing is viable in today’s chaotic markets? Much appreciated KB ANSWER: No. Value investing has been a recipe for wild swings. If you do not have the stomach for long-term then it is not something to get involved in. It should also be noted that it resulted in bankruptcy pre-World […]
Perhaps one of the most enigmatic songs ever written was “American Pie” by Don McLean. For decades this song was debated as to what it meant. Most assumed it had to do with the collapse of society. That seemed to be the general consensus. After all, its famous lyrics seemed to imply the end of the […]
A reader has contributed these charts that demonstrate why the socialist agenda is destroying the world. As the reader points out: “It seems that the optimal govt spending (share) is max 35% (US, AUS), and not >50% like in Europe. Lower govt expenditure has doubled GDP at least in the recent history.” The socialists refuse to […]
QUESTION: Dear Martin Armstrong, I appreciate very much your economic analysis and read your blog nearly daily although I disagree with some of your political statements. In your last blog about Schengen you mention that “Everything is connected and nothing takes place in some isolated vacuum”. Obvious. According to me, and many others re-known economists […]
Trump took South Carolina with less than 40%. Bush just has the wrong name and should give up. The real reasons to worry are Cruz and Rubio, as both would differ little from electing Hillary. Nothing would pass their desks on taxes that they would not sign next year. So we are in a […]
QUESTION: Hi Martin ! In a globalized interconnected world where we see stock markets falling 30% and more from their recent high entering bear market territory how can it be that the S&P 500 is losing ground far less? Especially considering key economic data like the ISM that reveals a rather negative view on the U.S […]
We suggest that you watch “How to Use the Forecasting Arrays“ for basic questions on timing.
