ASIA: Asian Development Bank (ADD) in its “E-Mobility Options for ADB Developing Member Countries,” which both forecast and recommended the quick shift to electric vehicles in the region to stem both climate change issues and the rising cost of fuel. The report noted how in the People’s Republic of China (PRC) focused on EV production […]

  ASIA: China has set its lowest annual GDP target in decades, as premier Li Keqiang warned of a “grave and uncertain” outlook against the backdrop of the coronavirus, a slowing economy and the war in Ukraine. Li announced on Saturday the unusually modest target of about 5.5% growth for 2022 – the lowest since […]

Fauci really has to explain what is going on, but the Biden Administration will NEVER question Fauci nor fire him. He is their key to pretending they care about the people. The novel coronavirus outbreak began in Wuhan, China, in December 2019. Interestingly, Moderna, together with the National Institute of Allergy and Infectious Diseases (NIAID), […]

ASIA: President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of Congress on Wednesday, pleading with Republican lawmakers to work with him on divisive issues and to meet the stiff competition posed by China. He said, “China and other countries are closing in fast,” adding that he […]

While the general overview of this market by most technicians has been bearish simply based upon how high the market has risen, we are also in an interesting position where the fiction of vaccines is providing some underlying support. Based upon RELIABLE sources, this entire Build Back Better motto and a scheme were developed BEFORE […]

QUESTION: Marty, I found your passing comment on cash-like coupons by private stores becoming cash in the digital world. Could you elaborate? thank you as always BK ANSWER: Aside from the ancient Roman prostitute token, we have often found private tokens emerge as money during periods of shortages in physical money. The Roman Emperor Tiberius […]

QUESTION: Mr. Armstrong, You have said that fundamentals really mean nothing because the market runs on confidence. What about the fundamentals during the 2008 crash? Didn’t the bankruptcy of Lehman Brothers send the market down and then it was supported by TARP and the central banks? Thank you; GD ANSWER: The entire economy is built […]

QUESTION #1: Dear Martin, Could you offer a comment on how these increases in deaths can affect the latest predictions that you and Socrates offered? Will we still have the sling effect? Even with reduced liquidity, with millions unemployed, with the economy in a state of war, is the Dow Jones able to react and […]

ASIA: India reported two more deaths due to the coronavirus, bringing the death toll to five. The Indian government announced a total ban on flights by scheduled international passenger aircraft at Indian airports from March 22 to 29. Prime Minister Narendra Modi requested in his address to the nation to not come out of their […]

This is the very essence of a financial crisis. Despite the fact that Trump cheered the Fed and they cut rates to ZERO, the risk was what would happen if the market continued to fall. Another steep sell off took place which resulted in the halt of trading again on Wall Street as Monday opened. […]