Asia returned a quiet lacklustre day’s trading on Tuesday with Toshiba alone being the reason the whole market had edged lower. The stock sank an additional 12.3%, extending Monday’s 9.8% decline having stated it is expected to post a 550B loss in yen ($4.54Bln) for the fiscal year. In Shanghai and Hong Kong, we saw marginal […]

This is historically a thin period of trading. Things can be a bit more volatile for a lot of the big money parks and parties at this time of the year. The Dow has not broken to the downside of the upside, as it is BASING within the trading channel. Wait for DEFINITIVE trades to […]

COMMENT: Marty, the NASA study is absolutely correct. I work in a different area of geological observations. When a volcano erupts, the ash creates global cooling reflecting the sunlight. You are correct that this global warming is a tax agenda. Thanks for spreading the word Anonymous REPLY: Yes. Go to the beach on a partly […]

  QUESTION: Mr. Armstrong, have you ever heard of a short lived Wörgl Experiment in Austria? It was shut down by the Austrian Central Bank they say because it was successful. Have you looked into this experiment they claim defied deflation and inflation? ANSWER: Yes. This was by no means an isolated instance. True, it […]

COMMENT: You have discussed the growing threat of antibiotic resistance several times.  Sadly, I must confess, I am, in part, responsible for this trend. I am a practicing physician. Last year, I had a lawsuit filed against me for NOT prescribing antibiotics. Since then, I prescribe antibiotics more frequently than ever.  My punishment, for attempting […]

QUESTION:  Hi Mr. Armstrong! Thank you for all that you do in keeping me sane by making sense of certain things that I can not seem to comprehend. Here’s one matter that still boggles my mind and heart. I am from the Adriatic coast of Montenegro and have a passion for everything associated with olives. […]

A new study out by NASA has people dumbfounded for it shows that burning fossil fuels and cutting down trees actually causes global COOLING — not WARMING. Burning fossil fuels give off aerosols which reflect sunlight and thus lower temperatures. This study is being widely reported in many areas, except Washington.

In Asia, the Nikkei opened heavy on the back of a weak U.S. closing on Friday. The continued sell-off in oil prices also gave up ground after Toshiba’s stock declined 9.8%. Meanwhile in China, reports were running around the street that additional stimulus were soon to be announced and encouraged a firmer Shanghai Exchange (+1.7%). […]

Something very interesting is unfolding. Included in the new year-end spending bill was a waiver of the Foreign Investment in Real Property Tax Act (FIRPTA), which had been implemented during the late 1980s when the Japanese were buying everything. They claimed to have focused on buying U.S. farmland, but it also applied to buying trophy […]

  QUESTION: Marty, Regarding the brief clip of Larry Summer’s opining on why economic declines are hard to predict, I was struck by the 2nd part of his explanation, which seemed to me to indicate that economists would not want to forecast a decline (even if they could) because it would set expectations of a decline […]