QUESTION: Mr. Armstrong, it was a pleasure to meet you here in Paris. You said that Le Pen should beat both the socialists and conservatives. Is this what your computer has forecast or was this your opinion? PC ANSWER: Our computer projects that Le Pen will beat the socialists and conservatives. That may sound nuts, […]

A mixed session in Asia in what was very much an overhang from Friday’s session but also very weary of the Fed in two days time. It is interesting that European equities continue to trade heavy (DAX, CAC, FTSE -1.75%) into the Fed, despite Mario Draghi’s comment earlier this morning. There are rising concerns about […]

The first Christmas tree in NYC was erected in 1931 during the worst year of the Great Depression. During this time, almost all of the foreign sovereign bonds defaulted on Americans and caused massive bank failures. The first tree was put up in hopes of raising the spirits of the people in their dark hour […]

Those in power never understand markets. They are very myopic in their view of the world. The assumption that lowering interest rates will “stimulate” the economy has NEVER worked, not even once. Nevertheless, they assume they can manipulate society in the Marxist-Keynesian ideal world, but what if they are wrong? By lowering interest rates, they ASSUME they will encourage […]

Armstrong Economics/PEI has always been a very diverse company with clients and staff from all around the world. We have every race, religion, and social status among our ranks servicing clients of equal diversification. So, a ban on anyone from the Islamic faith entering the USA is not something I would support, obviously, and it […]

The Paris Agreement committed to fund the academics, who created this fictional theory that ignores the fundamental laws of physics, with $100 BILLION ANNUALLY. Guess who pays for that — YOU — with more taxes coming.

When the New York Times first wrote that “[Marion Maréchal-Le Pen is] The French Weapon of Mass Distraction: France’s youngest member of Parliament is 25 and she takes no prisoners,” I seriously doubt they ever realized that she could actually become the president of a district in France. However, this stunningly beautiful and smart 26y-ear-old politician is more than […]

  COMMENT: Dear Mr Armstrong,I just was looking at your blog entry about the Republican higher-ups choosing their candidate against the voters.I always tell people this story when something like that comes up. I was a Ron Paul supporter back the last time he was running. I lived in Massachusetts, a little north of Boston. […]

If you receive valuable jewelry as a gift, you cannot return to the USA without reporting it and paying the tax. The Saudi king gave Michelle Obama and her daughters $1.2 million in jewels. So why are the Obamas allowed to keep them tax-free? Oh yes, taxes are for the “little people” (munchkins) who live outside of […]

The Iraqi Agency Press reported that some 100,000 foreign soldiers, including 90,000 from Arab countries and the Gulf States, are expected to be sent to combat ISIS in 2016. This is the beginning of a serious war that is unfolding for it has no real borders.