ASIA: November, core inflation in Tokyo, Japan’s capital, slowed down, aligning with the central bank’s expectation that cost-push pressures in the country will gradually ease. Service prices, a focus for the central bank in assessing wage-driven inflation, experienced their fastest increase since 1994, primarily attributed to a spike in hotel fees due to […]
QUESTION: What about Argentina willing to peg pesos to USD? THANKS for all you are doing for us! ALL THE BEST TO YOU AND FAMILY TD ANSWER: First and foremost, what collapsed Bretton Woods and the gold standard was persistent deficit spending. They fixed the price of gold to $35 but then spent recklessly every […]
ASIA: Moody’s has downgraded China’s government credit rating outlook from stable to negative due to concerns about potential lower medium-term economic growth and the ongoing contraction of the property sector. Despite this, Moody’s has affirmed China’s A1 long-term local and foreign-currency issuer ratings. The agency predicts a 4% annual GDP growth for China in […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 200.24 points or -0.60% to 33,231.27 Shanghai decreased 8.72 points or -0.29% to 3,022.91 Hang Seng decreased 184.25 points or -1.09% to 16,646.05 ASX 200 increased 51.50 points or 0.73% to 7,124.70 Kospi increased 9.94 points or 0.40% to 2,514.95 […]
QUESTION #1: Marty, I watched Kim Inverson on the 8th decade of Israel and the legend that it will fall. There is nobody more qualified than you to speak on this subject. What do you think? Rob QUESTION #2: Hello, Ever hear of the Curse of the 8th Decade? It deals with Israel and […]
https://www.armstrongeconomics.com/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4 QUESTION: I was told I should not listen to you because you manipulated the world economy with the bankers, and you were an adviser to BCCI and managed money for Saddam Hussein and Qadaffi. When I asked if you manipulated the world economy, then why invest against you? There was no reply. I […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 55.38 points or -0.17% to 33,431.51 Shanghai increased 1.96 points or 0.06% to 3,031.64 Hang Seng decreased 212.58 points or -1.25% to 16,830.30 ASX 200 decreased 14.10 points or -0.20% to 7,073.20 Kospi decreased 30.28 points or -1.19% […]
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 165.67 points or 0.50% to 33,486.89 Shanghai increased 7.99 points or 0.26% to 3,029.67 Hang Seng increased 49.44 points or 0.29% to 17,042.88 ASX 200 increased 52.00 points or 0.74% to 7,087.30 Kospi increased 15.48 points or 0.61% to 2,535.29 […]
? BREAKING: ISRAEL DISMISSED INTEL REPORTS OF OCT 7TH AS ‘FANTASY’ House Foreign Affairs Chair Mike McCaul addressed reporters after a closed-door briefing from national security officials on the Israel-Hamas war “We know that Egypt had warned Israel 3 days prior that an event… pic.twitter.com/8rAHhXjdwi — Mario Nawfal (@MarioNawfal) November 24, 2023 COMMENT #1: Marty, […]
ASIA: China will likely unleash 2.28 trillion yuan ($319 billion) of next year’s special local bond quota by the end of December, state media reported, a sign Beijing is moving early to boost growth in 2024. Authorities are expected to distribute 60% of next year’s special local government bond quota to provinces ahead of time, […]
