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The Sixth Wave

Yes, we will be addressing the seriousness of the culmination of the last three waves. 2015.75 was the start of the Big Bang — the midpoint in this immediate 51.6 year wave. This sequence of the 309.6 year wave began with the revolution against the monarchy; what comes this time is either real Democracy or […]

Mainstream vs. Austrian Economics

QUESTION: Mr. Armstrong, I believe the difference between the Austrian school of economics and mainstream economics is that mainstream economists believe recessions are inherent to capitalism and can be controlled by manipulation where the Austrian school argues the causation is fiat money with or without central banking. You seem to ascribe to something in between. Can […]

Market Talk – Nov 5, 2015

Asia saw good performances from both the Nikkei and Shanghai but it did not extend to the Hang Seng. The BOJ helped sentiment (with some friendly minutes) which finally saw a closing for the Nikkei through the 19k level (+1%). European equities did initially have strength as Retail Sales at 2.9% was better than last […]

Yellen Tells Congress Negative Interest Rates Are Possible

Reuters has reported that Yellen told a House of Representatives committee when testifying before Congress: “Potentially anything – including negative interest rates – would be on the table. But we would have to study carefully how they would work here in the U.S. context.” Yellen may have been placating Congress, for negative rates would wipe out the […]

Proprietary Trading of Banks Coming to an End?

QUESTION: Marty, I heard that banks are actually shutting down proprietary trading. Is that true? Does that mean the manipulations are coming to an end? Cheers FP ANSWER: Yes. Many banks are getting out of the business entirely, especially the Europeans. They are not even making markets in currency. The fines over short-term manipulations have […]

Britain to Ban Any Encryption That Prevents the Taxman From Exposing British Citizens

Britain is going completely insane. They are passing a law that requires companies to provide unencrypted communications to the government. This may be a major reason why Britain looks quite bearish long-term. It means that Apple would not be able to sell its new phones in Britain. It may be wise for the companies to […]

WEC & Models

This year’s World Economic Conference will focus on the future and our model design so that you can understand and employ this for your level of investment/trading. We have sent out information on the background history of cycles, so we do not have to cover that in the WEC. This year will be more about […]

Market Talk – November 4, 2015

Asia, and China in particular, put in a stellar performance today, eventually closing up over 4%. Rumors pushing the market that the PBoC is pursuing a tighter relationship between Shanghai and Hong Kong, and also that President Xi Jinping said the country’s economic growth rate will not be less than 6.5% in the next five years […]

2015.75 Seems to be On Target

We have been warning that this turning point was different. Instead of a crash in private assets, as in 1998.55 or 2007.15 when the Case-Schiller peaked to the day, this time it was in government. Putin bombed Syria precisely on the day of the turning point (9/30/2015), but there were many stocks that bottomed with […]

Climate Always Changes

COMMENT: Mr. Armstrong, I want to commend you for standing up against the covert agenda of global warming. It is dumbfounding how decades of research into geology can just be ignored. You are correct that everything changes. The magnetic polls move continually so places that were tropic became covered in ice and places that are ice […]