Effective April 1, fast food workers in California will receive a minimum wage of $20 thanks to a new law signed by Governor Gavin Newsom. This law does not extend to all minimum wage workers, only those at fast food establishments. Why? Newsom needs to buy votes and labor unions and chain restaurants have been […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 14.90 points or -0.05% to 31,857.62 Shanghai closed Hang Seng increased 436.63 points or 2.51% to 17,809.66 ASX 200 increased 23.80 points or 0.34% to 7,048.60 Kospi closed SENSEX increased 320.09 points or 0.49% to 65,828.41 Nifty50 increased 114.75 points […]

Secretive migrant towns filled with undocumented persons are springing up in the US. The largest known town is located in Colony Ridge, Texas, and spans 60 square miles. No one knows exactly how many people are living there, but the general estimate is 75,000. Who has the money to buy properties and support these towns? […]

RealClear Opinion Research conducted a study to see if censorship is a partisan issue in America. What they found was astounding as a portion of the population is begging for government to take over and replace our pretend democracy with something more akin to communism or fascism. Almost one-third (34%) of Democratic voters believe that […]

ASIA:   Japan’s Prime Minister Fumio Kishida has announced a forthcoming economic stimulus package aimed at alleviating the impact of rising prices and increasing wages for households. The plan includes steps to combat cost-push inflation, support sustainable wage growth, stimulate domestic investment, address population decline, and encourage infrastructure spending. Kishida intends to steer the Japanese […]

Our founder, Martin Armstrong, began trading in the mid-1960s. He noticed that it did not matter what the investment was; everything would rally in the heat of a buying panic and then crash in the blink of an eye. His history teacher in high school brought in a black & white movie, The Toast of […]

ASIA: JPMorgan’s head of emerging market economics has suggested that the Reserve Bank of India is likely to purchase dollars and sell bonds to manage rupee liquidity as India’s inclusion in global bond indices approaches. JPMorgan’s decision to include India in its emerging market bond index in June 2024 is expected to bring in $15 […]

ASIA:   The US and China have established two working groups to discuss economic and financial matters, as announced on September 22. This decision was made by US Treasury Secretary Janet Yellen and Chinese Vice-Premier He Lifeng during their meeting in Beijing in July. The economic group will involve collaboration between the US Treasury department […]

ASIA:   S&P Global Ratings has kept India’s growth forecast for the current fiscal year at 6%. This decision is based on factors such as the global economic slowdown, increased risk of below-average monsoons, and the delayed impact of interest rate hikes. Although the agency views the recent surge in vegetable prices as temporary, it […]

Polish President Andrzej Duda is taking a harsher stance on aiding Ukraine ahead of the October election. A Reuters poll noted that 91% of the population supported the war when it began, but that figure has dwindled to 69% and continues to decrease. Over 25% of Poles are against accepting Ukrainian refugees as well. Poland, […]