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Pocahontas to Run for President

The stage has been set and Elizabeth Warren, aka Pocahontas, is to Run for President. What is going to be really interesting besides her becoming more vocal now for the next two years, will be the revelation of how corrupt she really is. She has bashed the banks and is the closest thing to a […]

Yellow Vests Becoming World Wide Movement

The Yellow Vest Movement that began in France, is spreading. It appeared also in Belgium and it spread to Canada as well. The French arrested the leaders of the Yellow Vest Movement calling them an anti-government charging them for organizing an unauthorized protest, as authorities adopt a tougher approach to try to curb the demonstrations. During the weekend of […]

Plunge Protection Myths = Keynesian Economic Myths

QUESTION: What about what China did by buying stocks a few years ago to stop the hang sang from dropping LW ANSWER: Do not confuse attempts to support a market from actually being able to do so. This is the same as Keynesian economics that government could prevent recessions. Larry Summers admitted the government cannot even forecast […]

Market Talk- January 3, 2019

The USD was the figure of attention overnight for Asia as it surged against the Turkish Lira, Euro, Sterling and the A$, but saw short-covering stops taken on the Yen. The warning heard from Apple over its Asian sales forecast and growing concerns for global growth triggered the sudden safe-haven flurry into the Yen. Obviously, […]

Australia Inserting Nano-Chips in $50 & $100 Bills to Track Underground Economy & Coming Barter System

  While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new “reserve currency” killing the dollar, to me they are in serious need of help. They have ZERO comprehension of governmental power and ZERO understanding of what […]

Strong Dollar & Share Market

QUESTION: Dear Mr. Armstrong, I have a problem understanding how could Dow Jones keep hitting records in upcoming years if US dollar gets stronger. Strong dollar will hurt export. Could you perhaps elaborate on this topic a bit? JP ANSWER: Your question assumes the standard ANALYSIS based upon profits. Exports only account for 12% of […]

The Myth of the Plunge Protection Team

COMMENT: It looks like the Plunge Protection Team had a field day with the 1,000 rally in the Dow. Back in the 70s I read a small article near the back page of the WSJ that said that the CIA was using two small obscure banks in the Midwest to trade futures. The way they do it is […]

Climate Change & the Blame Game has been going on Since the 1890s

COMMENT: I really get annoyed by people who say well it has been warm here so what happens elsewhere is irrelevant. They are idiots and cannot see the whole and just want to blame humans for everything. I can see how our situation is hopeless when it comes to climate change. All the best JS ANSWER: […]

Bureaucrats & their Lack of Common Sense that is Probably a Required Qualification

The story being used against Trump and his travel-ban against the four Muslim countries concerns the sad story of the terminally ill 2-year-old boy, whose Yemeni mother had to sue the State Department to get a visa to join him in a California hospital. His father was American, but the boy’s mother was Shaima Swileh, who had fled […]

Emerging Market Debt Threatens the Capital Formation of Major Economies

Emerging market and developing economies pushed their borrowing to an all time record high reaching $55 trillion (€50 trillion) according to the World Bank, marking an eight-year surge that is the by far the largest, fastest and most broad-based debt increase in nearly five decades. Over $200 billion of USD-denominated bonds and loans issued by […]