QUESTION: Marty, are you still in Asia because you wanted to miss this early snowstorm? Pete ANSWER: No, the crisis is Asia has capital in a state of concerned. Because of the problems in Hong Kong, there remain major concerns not just about the peg, but the future of Hong Kong. As I have said, […]
The House approved a second resolution last week condemning “anti-Semitism, Islamophobia, racism and other forms of bigotry” in a move that Democrats hope will quell the latest uproar over Rep. Ilhan Omar’s criticism of Israel. Omar made comments at a Washington, D.C., coffee shop where she again questioned the pro-Israel lobby’s influence in American politics. […]
Joe Biden has been distancing himself from AOC and the extreme left. Biden has made it clear that the majority of Democrats are “center left” not “way left,” and looking at the midterm elections, the majority of people elected were center not way left. Biden is the traditional Democrat who knows where the majority of […]
The results from our survey for the Rome WEC are in and over 93% of respondents rated the event as “excellent” (52.78%) or “very good” (40.28%). Attendees expressed they were happy with the bonus Socrates training sessions. The feedback from those sessions was great since people requested either a more advanced or simplified course based on […]
QUESTION: Hello Mr. Armstrong; Rome was fantastic!. I find it very interesting that you hold the conference on the dates when the markets hit their peak and I come back and Monday we start the decline that you cautioned us that we could see at the conference. Was this planned:)? Cycles are amazing and now […]
Macrone just signed a law where Italian will no longer be taught in France. The idea that Europe is one big happy family is so far from reality that this is part of the backdrop behind the bearishness of the euro. The old resentments remain. There has always been a strong resentment between the Italians […]
QUESTION: How were ancient coins placed into circulation? DR JB ANSWER: That is actually a very interesting question. As the legend goes, the Gauls (French) attempted to invade the city of Rome quietly, but had frightened the sacred flock of geese that made a lot of noise. This alerted the Romans to the surprise attack giving […]
24,26,367,391.603394 This year’s World Economic Conference was most interesting. We really had to put our thinking caps on because we have entered the Great Unknown where Keynesian Economics has crumbled to dust. We have to reassess the future and how this will unfold as the central banks are beside themselves in many countries and the […]
The Rome 2019 World Economic Conference was a lot of fun. We have a very diverse crowd from around the world including central bankers, hedge funds, pension funds, and private investors. Nigel Farage was great and he calls our conferences the “alternative to Davos,” which inspired applause from attendees.
