An interesting mixed to slightly negative Asian session in the face of so much uncertainty. Obviously, Trade Talks will dominate headlines over the weekend, but Politics and US data influenced todays markets. In Asia the US Dollar is still in demand despite the midweek rush into the Yen, but watching it leave Asian trading with […]

  Lawyers have brought a lawsuit against towns in Georgia for using tickets as the major revenue source to fund their pensions and budgets. The City of Doraville, Georgia is facing a federal lawsuit that alleges the city is illegally making millions of dollars preying on residents and visitors in a deliberate scheme to write tickets and […]

  Deutsche Bank has now been classified as a problem bank by FDIC and has been included in a list of banks to be watched. This is the biggest bank in Europe. It cannot be merged within Germany with Commerce Bank for there is just not enough equity to overcome the derivative losses. The only other […]

Erdogan has asked all the Turkish people to convert their dollars to Turkish Lira. This is a desperate act. The rumors behind the curtain are running wild. Many are concerned that Erdogan’s policies have just destroyed the confidence in his government both internally and externally. Turkey is now on watch for a possible monetary collapse. The key […]

QUESTION: Martin Thanks again for all you do. The subtext of most of what you talk about is overwhelmingly negative. Inflation, deflation, earthquakes, disease, government default, over taxation….. etc. Am I correct in thinking that despite your advice you anticipate most of your readers, even the most wealthy, will be left with little to hand over […]

QUESTION: I am just a little guy who invests in mutual funds and a few stocks. Ever since I started reading your blog, I have felt a sense of comfort in knowing that eventually, everything will work out because all this has happened before. It is also nice not to feel like I am swinging […]

  The Euro Crisis is emerging rapidly. The 2Yr BTP Italy debt has jumped 150bp and is now wider by 2.50%. The ECB has been intervening BECAUSE as we have warned, there is NO BID. Interest rates for Italian debt have almost doubled in a matter of days. Who in their right mind will buy […]

  COMMENT: Mr. Armstrong; You do know that you have been the only analyst who has outlined how, why, and when the euro would go into crisis. You said 2018 would be the beginning. Well, it looks to be absolutely correct along with your political models. Thank you for saving me a fortune Cheers JWP REPLY: […]

QUESTION: Dear Mr. Armstrong: Thanks for your soon reply. I ask you: 1. Why do you consider Jesse Livermore the greatest investor of all time?. 2. Which are the main reasons?. I look forward to hearing from you as soon as possible. Sincerely, JEMV ANSWER: Jesse Livermore (1877 – November 28, 1940), was a famed American […]

The jittery close in US markets weighed on Asia at the opening and the lack of clarity just accelerated the uncertainty. The safe-haven bid returned for the Japanese Yen with a 1% rally taking it back to a 109 handle. The Nikkei lost along with the core, ending the day down around 1.2%. The Hang […]