ASIA: The southwestern Chinese capital of Chengdu announced a lockdown of its 21.2 million residents as it began four days of citywide testing for COVID-19 as some of the country’s most populous and economically important cities battle outbreaks. Residents of Chengdu, the capital of Sichuan province, were ordered to stay at home from 6 p.m. […]

ASIA: India’s economy grew 13.5% from a year ago in the April-June quarter, its fastest annual pace in a year, data released on Wednesday showed, though it is seen losing momentum in coming quarters as higher interest rates cool economic activity. June quarter growth, driven by manufacturing and services, such as accommodation and travel, rebounding […]

ASIA: Singapore’s key measure of consumer prices rose again at the fastest pace in more than 13 years in July, official data showed on Tuesday, increasing pressure on the central bank to consider further policy tightening later this year. The acceleration in inflation was mainly due to stronger growth in food, electricity, and gas prices, […]

COMMENT: Thank you for your monthly subscription, interviews, and blog. I have a monthly subscription to Socrates. I did do investments and made more than enough to pay my yearly dues, albeit with some stomach ache. Weekly might have been better than monthly, but my investment amounts are not at the institutional level. Socrates doesn’t […]

California’s failed policies have led residents to flock to states like Florida, Arizona, and Texas. Now, California is begging them to stay by using disturbing rhetoric. Billboards are appearing across Los Angeles and San Francisco warning against moving to Texas. The reason? The horrific Uvalde School massacre that occurred at Robb Elementary in May. “The […]

ASIA: Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages due to heatwaves threatened production. Profits at China’s industrial firms fell 1.1% in January-July from a year earlier, wiping out the 1.0% growth logged during the first six months, […]

ASIA: India’s cabinet on Thursday approved a policy to restrict wheat flour exports to calm prices in the local market, the government said in a statement. India banned wheat exports in mid-May as a scorching heatwave curtailed output and domestic prices hit a record high. In July India asked traders to secure permission before exporting […]

ASIA: In its monthly economic report, the Japanese government described its economy as “growing modestly,” leaving the overall rating unchanged from the previous month, while noting an upward revision of factory output. Factory output showed signs of recovery, the report said, compared to July, when output appeared to be flat. This marked the first upgrade […]

QUESTION:  Dear Mr. Armstrong, First, thank you for all the wonderful work you do. I have been following your blog for many years and am always amazed at your insight and historical knowledge. I had a question regarding your assertion that the WEF/ Globalists will not win. I am assuming you mean that their vision […]

ASIA: Foreigners are returning to Indian stocks after dismissing them in the first half as they seek higher yields amid expectations that major central banks will slow their growth cycles as price pressures ease. Foreigners have invested $6.4 billion in Indian stocks since the start of July, after spending more than $27 billion in the […]