The U.S. economy added fewer-than-expected new jobs last month because most economists still refuse to comprehend that there is such a thing as the business cycle. Here we have the Economic Confidence Model I explained, which I discovered while researching at the Firestone Library at Princeton University. That is NOT included in Socrates, in which […]
https://www.armstrongeconomics.com/wp-content/uploads/2024/07/Biden-Double.mp4 As we head into the end of this cycle in 2032, this process concerns the collapse of Republican forms of government that is rapidly approaching on a global scale. I believe that this has become far more obvious since the COVID-19 scam. Even in Germany, friends think that something has seriously changed. We are […]
I noted that real estate in the United States would turn into a buyer’s market in May 2024 going into August 2028 in a reversal from the buyer’s market we’ve experienced since 2020. The 2007 high on the Shiller Index was the precise day of the Economic Confidence Model. So far, all the indicators have […]
Confidence in the very structure of the nation has been shaken amid this private wave where all trust in the government has been lost. A new Pew Research Center poll found that 72% of Americans believe the United States – the land of the free – is no longer a good example of democracy. Those […]
QUESTION: Mr. Armstrong, I find it remarkable that your model has always been correct in predicting the economy’s direction. This latest US inflation number shows that it was subsiding, cooling down to the slowest pace since 2021, right in turn with your Economic Confidence Model. Treasuries rallied on expectations that the Fed might cut rates. It […]
I have often been asked the question, WHY did the Greek denomination of the stater comply with the 8.6 frequency of the Economic Confidence Model? The silver stater minted at Corinth was 8.6 grams (0.28 oz) in weight, which was divided into three silver drachmae of 2.9 grams (0.093 oz). Its rival city-state was Athens, and […]
COMMENT: Living in Eastern Europe, I can see how your May 7th target marked Putin’s change in attitude. Before May 7th, it was others who brought up nuclear war. May 7th saw Putin yield to his critics, and ever since, he has been directly warning the world about nuclear war. I think your model pinpointed […]
COMMENT: It was great seeing you here in Europe. It was even more interesting to see how the central banks are starting to use the ECM rather than wait six to nine months before acting. Back in 2007, your model turned in February, but the Fed Funds Rate did not drop to 3% until one […]
COMMENT: Marty, I attended your Toronto Institutional session when the Bank of Canada had a table of 10 people. People would ask you what the central banks were looking at, and you would respond. Everyone then turned to see if they flinched. They were the best of times, as they say. For us long-timers, it […]
