The morning session in Asia was rather dull but all recovered in the afternoon into positive territory with the exception being Hang Seng (which was still down -0.3%). Europe drifted into the negative shortly after the open as news was still focused on the nervous Belgium shut-down. All trading was dull and in thin conditions […]

The expedited meeting at the Fed unnerved many. While no economic policy change should be expected before the December 15-16 meeting, the Fed is clearly not in the camp of negative interest rates. They are looking to raise rates to aid pension funds and you cannot lower rates to “stimulate” the economy (although that never […]

The IMF and many economists (domestic and foreign) are now warning that a rate hike by the U.S. Federal Reserve, no matter when, will spark a major economic crisis in the emerging markets. They see this crisis being ripe for countries with high budget deficits, such as Turkey, as well as commodity-based economies. This includes […]

COMMENT: Dear Martin –  I have been a follower for some time now and had great pleasure in hearing you speak at the Princeton WEC.  Thank you for so readily sharing your knowledge with those that are willing to listen and learn. I recall you mentioning that governments will often have a desired policy “floated” […]

QUESTION: In your Nov. 15 blog you said about the Fed “ I do not think in its present form it should be owned by banks collecting 6%. I would advocate a public float as is the case in Switzerland. Can you explain what that means, and how that works. Thank you I sincerely hope you continue […]

QUESTION: You say that long-term manipulations are impossible while short-term manipulations have been the focus of the bankers. Do you mean to say that not even governments can manipulate the economy perpetually? Are central banks buying US equities to manipulate the US stock market higher? It would seem that the Fed would then be accused […]

Some people are now claiming that investors remain trapped in “The Twilight Zone”, which they define as the transition period between the end of QE and the first rate hike by the Fed. They remain fixated on this idea of interest rates up and stocks down. It really is pathetic to see people who call themselves […]

Martin Armstrong’s Media Appearances If you are interested in arranging an interview with Martin Armstrong, please fill out our “Contact” form located on the homepage and select “I have a question about media engagement and/or an interview request.” 2025   Terrifying Iran War Prediction (PREPARE FOR THE WORST) – Interview with CapitalCosm (6/23/2025 Neocons Dragging […]

The ECB does not reveal in detail its QE and most people have no idea that its asset-backed securities (ABS) and covered-bond purchases are actually carried out by private asset managers: ING Investment Management, Deutsche Asset & Wealth Management International, State Street Global Advisors, and Amundi. These asset managers intervene into markets on orders by the […]

QUESTION: Mr. Armstrong; I read this time its different by Rogoff. While it is interesting about sovereign defaults, he clearly does not go back into ancient times or more than a few hundred years. If anyone would know when the first such default took place it must be you. Any idea? ANSWER: Yes. The first such […]