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Austrian Elections Today

The people who counted the votes are claiming that the Austrian election is in a dead heat. Norbert Hofer of the Freedom Party and Alexander Van der Bellen are...

ECM 2015.75: The Rock vs. Hard Place

QUESTION: Mr. Armstrong, with your 2015.75 turning point on the ECM, you said that was the peak in government and the following 4.3 years would turn down rather...

Trump & Interest Rates

QUESTION:  Martin– Your models seem to predict a Trump win. Given Trump’s stated preference for low interest rates, how does that jive with rates...

Even Language Has a Cycle

QUESTION: Mr. Armstrong, it seems that there is a cycle to everything. I am starting to notice there appears to be cycles in the use of words especially in a legal...

Trump leading Hillary – Getting Interesting

The latest poll now places Trump ahead of Hillary 45 to 42. The storm continues to brew in the Democratic Party and our models show there should be a Republican...

Market Talk — May 20, 2016

The market seems happy that the JPY trades comfortable north of 110 as we saw a small 0.5% gain in the Nikkei today. Hang Seng performed better closing up over 1%....

Market Update for Gold

Gold has been backing off with the prospect of rising interest rates, but a weekly closing below 1225 will signal that the high is possibly in place. However, a...

The Dow & the Confusion

The Dow does not need to break last year’s low, as that was accomplished in the NASDAQ and S&P 500. Nothing has changed there. The entire interest rate...

Growing Shortage of US Dollars & Capital Flows

There have been a some unusual capital flow developments involving Egypt that illustrate a shortage of dollars caused by the decline in oil prices. However, this...

Market Talk — May 19, 2016

Interesting that both the Nikkei and Shanghai closed almost unchanged following a similar trading pattern today but the Hang Seng really could not even attempt...