The US sanctions voted on by Congress against Russia are outrageous and an act of war that history will write as this may have been the line in the sand crossed by the USA to punish Russia for Hillary’s loss. Clearly, the new sanctions have important implications for Europe because they target any company that contributes […]

Asia opened still with the buzz of Fridays surprizing good payrolls number. There were some concerns surrounding the sanctions the United Nations imposed on North Korea but these were quickly dismissed as the day wore-on. In Japan the Nikkei was not to sure in which direction to move and suffered a little ahead of lunch […]

U.S. Supreme Court Pollock v. Farmers’ Loan & Trust Co., 157 U.S. 429 (1895) Pollock v. Farmers’ Loan and Trust Company No. 898 Argued March 7, 8. 11, 12, 13, 1895 Decided April 8, 1895. 157 U.S. 429 APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK Syllabus […]

Our European Tour this season has been very enlightening including meetings with politicians, corporations and many of the top banks. The concern centers around the ECB having to change policy with regard to negative interest rates. The net result has been to create massive hoarding of cash rather than spending cash for the sake of […]

William Felix Browder is all over the news trying to play into the whole Russian/Trump affair muddling the waters. Browder founded Hermitage Capital to invest exclusively in Russian companies. Edmond Safra, the notorious banker who was the center of what was called the Money Plane, put in $25m of seed capital for Hermitage Capital and Safra’s Republic […]

Another mixed session for Asia but we did see a healthy bounce in the ASX as the currency behaved itself. We did see better levels during the trading session for the Nikkei but could not be held for the close. Those loses have been reversed in US trading as futures follow the healthy US market […]

  QUESTION:  Dear Mr Armstrong, with great compliments on your work I now see a chance to do something back. … On the topic of government hunger for money, they are now using speedtraps for boats here in Amsterdam. Just 2 miles over the limit will cost already cost you €90. Yes they have laserguns for […]

The better than expected GDP release we saw from China was unfortunately, only a positive influence for a short period, then profit taking and summer liquidity took over. Shanghai has had a good run so far but having had the Index inclusion and probably suffering from a stronger currency. Second quarter released at 6.9% compared […]

A number of people have asked about Elon Musk’s reference to us already being cyborgs and the possibility of humans being transformed into house cats dominated by Artificial Intelligence. Despite his reputation, his thoughts seem jumbled. I have been involved in developing AI since the 1970s. In coding the Socrates systems, I have not found […]

QUESTION: Mr. Armstrong, I am fascinated by what you have accomplished in this model. You mentioned in your post about the Orlando conference a slingshot and phase transition, and I am trying to comprehend what that would look like exactly. Is that to say the DJIA won’t complete its advance from 2015.75 to 2018,but that […]