NOTICES SENT OUT BY HEALTH INSURERS: While Obama made it sound like the problem has been insurers not willing to write plans, in truth, many plans that did exist were required to be terminated. Looking at the fine print, maternity insurance had to be provided for everyone. The problem, it is not quite understood how […]

The embattled JP Morgan Chase drowning now in various legal battles with both clients and regulators has agreed with 21 institutional investors to pay $4.5 billion to resolve claims the bank sold faulty mortgage securities according to Bloomberg. This is just a preliminary deal that covers 330 mortgage bond trusts issued between 2005 and 2008. Drawing […]

The Global Market Watch has been posted for the close of November 15, 2013. https://www.armstrongeconomics.com/market-watch/

The Austerity measures in Spain have resulted in heaps of garbage all over the place as state workers go on strike for 11 days. Yes, Spain has been forced to layoff state workers and has planned to lay off 1,134 of 6,000 workers who clean the city and impose pay cuts on the rest. Those who […]

The interesting aspect of the Fairness Study is pretty much the Democratic and Socialist Agenda. Animals expect to be treated fairly for the same work. Here are two monkeys side by side who have a task of giving a stone for a piece of food. When the money on the left sees he is only […]

QUESTION: Mr. Armstrong; It is becoming very obvious who China is listening to. You said China should bypass the NY banks and go directly to the Treasury. They did. They used QE to shorten their US debt holdings. They did. Now on Friday they have relaxed the one-child rule as you said they had to […]

QUESTION: “Remember the 309 Year Cycle in Russia is due 2020. Still must have the Report on it somewhere.Maybe time to Digg it up. Was a good call way back in the Gorbachev Times… you called for a reaction not a major change in Russia because of this cycle. With the Russian Programmers you have, […]

QUESTION: Martin I  find it interesting how the ECM shows The DOW at three green largely pressing higher for daily. Weekly and monthly BUT the SP is turning red in daily and monthly Please Explain how the DOW can continue to press much higher as the SP Declines Regards, JCL ANSWER:  The answer is the market […]