The initial headline that US and China plan to reconvene talks next week, was all it took to start the stock market bounce. However, added to this was that China lowered the RRR (Reserve Ratio Requirement) by 50bp initially then another 50bp later and that helped Europe to perform. Japan’s Nikkei (-2.25%) hit by commodity […]

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 […]

In early 2019 trading, it looked as though we were set to resume the ‘sell at any price’ trend. However, US markets managed to turn that around, but lets discuss that further down this report. Volumes were light in Asia, which is often the case when a major indices has a national holiday (Japan). Scarily, […]

QUESTION: Hello Mr Armstrong I would like first to thank u for all the good information u give to us i have just a question : why do u write the fed need to increase rates to save the us pensionneers Not realy clear for me ( and maybe a lot of people) Thanks again […]

The EU has shocked the auto industry and came out based upon this new round of forecasts that humans will be extinct by 2050. Cars must now become considerably more climate-friendly by 2030. The carbon dioxide emissions of new cars must fall by 37.5% compared to 2021. The negotiators of the EU member states and the European […]

QUESTION: Mr. Armstrong; I understand at the WEC you told the audience the stock market would correct sharply into January/February. For those of us who could not afford to attend a WEC, are we to expect the slingshot you have been warning should take place? Thank you; HP ANSWER: Yes. Timing is absolutely everything. DO […]

Another weak close for US markets and again, that sentiment just rolled into Asia and the mood was set for the day. Japan took the brunt as stocks lost another 1% as financials led much of the way following a disappointing BOJ’s unchanged stance. This inspired a revival of the Yen safety bid and took […]

I have been warning that raising taxes is DEFLATIONARY because you are reducing the net disposable income. Governments simply cannot get that through their head. In Romania where protests over political corruption have been unfolding, the government revealed its plan to try to comply with EU austerity raising they hope 10 billion lei ($2.5 billion US) […]

The Federal Reserve raising the 25bp was pretty much expected throughout, with a few possible outlier exceptions. However, it was not really the hike that spooked markets, but that they had built-in so much belief that the no change in hiking rhetoric they was expecting. This is probably why markets are reacting so violently, as […]

The European refugee issue just will not go away no matter how hard the politicians try to cover-up their mistakes. Now Charles Michel, the Belgian Prime Minister, resigned on Tuesday after his government collapsed in the face of opposition to his signing of a UN migration pact. Michel found himself abandoned after he lost the support of […]