COMMENT: “Switzerland is caving in all over the place. I just got notified the IRS wants to look at my 2008 return because I was a partner in a company back then that had a perfectly legitimate business account at UBS back then. Statute of limitations is up on my return, so I have reason […]

The Amazing thing is people are already talking about this is a BUBBLE that is unsustainable. They are now claiming household income is down 4% yet the S&P 500 is up 70%. They are incapable of any real analysis. The RETAIL investor is NOT involved in this market. There is no wild speculative fever. They […]

The Middle East is planning to form their own monetary union with a single currency pegged to the dollar – not the euro.The states of Saudi Arabia, Qatar, Bahrain and Kuwait are planning a new single currency as members of the Gulf Cooperation Council.The new currency will be pegged to the U.S. dollar rejecting the […]

The Global Market Watch has been posted for the close of December 10th, 2013. https://www.armstrongeconomics.com/market-watch/

The banks lobbied hard against re-instituting Glass-Steagall arguing that this would be the end of Commercial and Investment Banking. Why Congress even bought that nonsense one need only pick up the rug and see the amount of donations that were made. Glass-Steagall went into effect is 1934 and was in place until 1999. The commercial […]

The Euro-savior Wolfgang Schäuble and Jean-Claude Juncker could soon be the most important bank directors in Europe. They want a Superbank that has the last word over all of Europe and direct access to taxes if there is a crash. This is the very place they said the Euro would not go. It was why […]

NASA has recorded the coldest temperature ever -135.4 degrees (-93 c) in Antarctica. You cannot even breath at that temperature. We have record snow falls and really cold weather and winter just started. Our first snow storm dumped more snow in a few hours than we had all last year. So much for Global Warming. Weather […]

The Global Market Watch has been posted for the close of December 9th, 2013. https://www.armstrongeconomics.com/market-watch/

The Global Correlation Model is nearly finished. Hopefully, by the conference in Princeton we will have access up and running where questions can be presented to the computer concerning the global correlation of tens of thousands of data series gathered from around the world. This is far beyond any personal opinion that can be argued. […]

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