QUESTION: the big question: WHY do USA still have the FED (a private company) dictating the USA economy????????? MK ANSWER: Very simple. The Fed was originally a private bailout entity to replace J.P. Morgan and what he did during the panic of 1907. Stimulation occurred through buying corporate paper. When WWI came, Congress ordered the Fed […]

The Dow is pulling back on schedule. We do not see a breakout to the upside. This should tread water for a bit, waiting for everything to align. A closing today below 17785 will signal that this is not ready to breakout and a retest of support is likely. Key support lies down at 16500.

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 […]

Another mixed set of economic data releases out of Asia overnight resulted in lack of direction for the stock markets. In Japan we saw a weak PPI print contrasted by an exceptionally strong Machine Orders (estimates were +3.3% when the actual release was +7.5%), which managed to keep stocks contained to close almost unchanged at […]

  After the 1987 crash, we were the only firm who had forecast the event within 30 ticks of the low and the TIME. But we then forecast that the market would rally to new highs. That was a shocking forecast, and we also made the day of the low. It was after that event when institutions […]

Attendees of both the Princeton and Berlin World Economic Conferences will receive: the “European” and “North American Share Market” reports, part II to the “Real Estate” report, and all attendees will also receive a complimentary DVD of the Berlin and Princeton conferences. EXCLUSIVE for Conference attendees, you will receive a “Year-End 2015” Special Report, which will only […]

QUESTION: Marty time and price you always say are two separate forecasts. So reaching a price level means nothing unless it also meets the objective in time. So it is time that is more important than price. Correct? HK ANSWER: Yes. Only a fool thinks that forecasting is simply price. Time is far more important […]

COMMENT: Mr. Armstrong, I want to thank you for saving me so much money. I now read the goldbugs for entertainment. They never admit they are wrong. But now they are desperately attacking you as at G—– and J—- and it is obvious with gold collapsing back below the 1100 mark all they can do […]

Asian Equity markets really had no idea which way to play today after a mixed set of economic data releases. The Retail Sales was marginally better than expected at 11% (estimates were for around 10.9%), whilst the YoY Industrial Output release failed to meet the forecasted 5.8% expectation as we saw a 5.6% print. As a result […]