COMMENT: Marty, I began following you in 1985. That is when everyone was using the Kondratieff Wave and admitted it averaged 45 to 60 years. They were all predicting another Great Depression. You were the only one right back then as well. I remember your advertisement in the Economist saying a new Private Wave was […]
Economics is the ONLY field where cycles are denied. Moreover, people do not even comprehend how COMPLEXITY emerges. Alan Turing was a brilliant mathematician who is probably the father of computers for he built the really first computer to break the German Enigma Machine. He invented the computer and broke the German Enigma Code. You […]
COMMENT: Marty, I really cannot thank you enough. Socrates called yesterday as the turning point and it was the strongest one of the week. We got the bounce when everyone was in a panic state claiming that the Fed would not have to lower rates. They really do not understand central banks as you […]
A lot of people have been asking where to go, what bank is safe, and what’s next? This is by no means over. The fiscal mismanagement is off the charts and we have a major clash with the Marxist views of the Democrats who always want to punish the rich and then ask them for […]
QUESTION: If the metals are not trading at a fair value relative to everything else, then does that not prove they are manipulated? SN ANSWER: Your problem is the assumption that everything must be trading at some fair value. That is up there with the theory of random walks. ALL markets trade for periods […]
QUESTION: Thank you for the interesting update on Crude & Natural Gas previously. Since Feb was a Directional Change and March is a turning point, then the cycle inversion for a March high rather than a low looks still choppy with no breakout. Since electric car demand has peaked, the Fed seems determined to get […]
COMMENT: Hi Martin, Your blog, “Model & the 1991 Collapse of the USSR” for me was a major thought process change. I believed in the Random Walk down Wallstreet, not any more. The chaos model example of the Dow Jones reminds me of the migration of the starlings – link attached. I had a pet […]
https://www.armstrongeconomics.com/wp-content/uploads/2023/02/1991-WEC-SP500.mp4 COMMENT: Marty, I remember your 1991 conference when you said Russia looked like it would collapse by the end of the year. I think it was December 31st when Gorbachev resigned. But I also remember how we were talking about how key reversals were still reappearing but migrating to different time levels. You […]
QUESTION: Mr. Armstrong; I met someone who used to work for you. He said your models are far more complex than anyone imagines and that it is not a simple algorithm. He said you have relied on quantum mechanics which is why nobody has been able to duplicate what you do. Would you care […]
