Italians are taking to the streets to protest the country’s “Green Pass” mandate that requires public and private sector workers to present a vaccine passport or risk facing a suspension and a $1,730 (€1,500) fine. Workers also have the ability to prevent a 48-hour negative test, but that is meant to be an inconvenience […]

ASIA: China’s economic growth in the third quarter slumped to its slowest pace in a year, as a property slowdown and energy shortages highlighted rising pressure on policymakers. Gross domestic product grew 4.9 percent year on year between July and September, according to data released by the National Bureau of Statistics on Monday, compared with […]

COMMENT: Marty; the Fed quietly published the banks it was funding in the Repo Crisis. I just wanted to say, you are always right. The press claimed it was tax time, but you said it was the crisis in European banks. Your sources are always spot on. Thanks for the light of truth. PG REPLY: […]

ASIA: India’s September fuel consumption crawled higher month-on-month as economic activity continued to ramp up, government data showed on Wednesday, but soaring global oil prices could stall a recovery in the world’s third-largest oil importer and consumer. Fuel consumption, a proxy for oil demand, totaled 15.92 million tonnes last month, up slightly from August and […]

ASIA: India’s economy, which contracted by 7.3 percent due to the Covid-19 pandemic, is expected to grow by 9.5 percent in 2021 and 8.5 percent in 2022, according to latest projections released by the International Monetary Fund on Tuesday. India’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World […]

ASIA: The Indian economy is poised to achieve 10.25 per cent GDP growth in FY 2021-22 on the back of effective government policies, Reserve Bank’s accommodative policy stance and improved business sentiments, industry body PHDCCI said on Monday. Last week, the Reserve Bank retained the GDP (gross domestic product) forecast for the current financial year at 9.5 […]

COMMENT: Marty, you really do know what is going on. They raided safe deposit boxes here claiming someone was hiding money. You are right. Do not use safe deposit boxes. JH REPLY: Absolutely, no way! People are so stupid. It is like saying I don’t have anything to hide, so why should I care about […]

ASIA: Goldman Sachs has cut China’s growth forecast to 7.8 percent this year from the previously estimated 8.2 percent as the world’s second largest economy faces “yet another growth shock” in the form of constraints on energy consumption. The country is already battling to save Evergrande amid fears that Chinese property behemoth could turn out […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 370.73 or 1.34% to 28,048.94 Shanghai increased 24.00 or 0.67% to 3,592.17 Hang Seng increased 136.12 or 0.55% to 24,837.85 ASX 200 increased 63.40 points or 0.87% to 7,320.10 Kospi decreased 3.16 points or -0.11% to 2,956.30 SENSEX increased 381.23 […]

COMMENT: Hi Mr. Armstrong, Been reading you for a very long time. You are very insightful. One thing I have to admit is that the Powers That Be (WEF, etc.) did not keep it in the dark of what they were planning. Definitely out there for anyone to find and read. But if you did find it […]