Asian markets were buoyant in the hope the meeting between USA and China over the next few days would prove fruitful. Early losses were quickly reversed leading to 1% gains for both Shanghai and the Hong Kong’s Hang Seng indices. The Nikkei gained strength throughout the day, but should be viewed together with a weakening […]

The Abu Dhabi sovereign wealth fund sued Goldman Sachs on the Pi Target, Wednesday, November 21st, 2018,  for allegedly conspiring against the Middle Eastern fund to further a criminal scheme by Malaysia’s scandal-plagued 1MDB. The suit, filed in a New York court on behalf of Abu Dhabi’s International Petroleum Investment Company (IPIC), names Goldman Sachs […]

Following the worrisome US decline seen yesterday, Asia was initially spooked. However, within the first couple of hours trading prices had bounced to reach unchanged and spent the balance of the day trading with a positive bias. Talk that US and China are making slow progress behind the scenes is encouraging, but it really is […]

QUESTION: Mr. Armstrong; Your take on the midterm elections is that the Democrats really failed and simply won a symbolic victory? Thank you IE ANSWER: Yes. The Democrats keep making lower highs and deeper lows. They do not review the major trend nor are they willing to revise their central theme.  While the Democrats won the majority […]

QUESTION: Mr. Armstrong; I watched the new documentary on your solution. I really want to thank you for everything you do and for free. It is so nice to see someone who actually gives back and has no personal agenda to enrich themselves. My question is this. You mentioned the reason why the United States […]

  On the one hand, the Midterm Elections really mean nothing. The Democrats cannot reverse their declining trend since they peaked with FDR, and the Republicans cannot deliver the final death blow to the Democrats to put them out of their Marxist misery.  While we have provided the target ranges for the vote, we also […]

If we had all gone home just after the US employment numbers, we would have all had a wonderful weekend and no-one would be any the wiser! However, as we know with markets, nothing is ever as it seems. Lets just skip to the finally half of the day just after the numbers from the […]

The start of a new month and a solid session across the globe. the Nikkei failed to join the party with a 1% decline today, but then the Yen has bounced a touch (0.3%) to balance some of that move. Interesting this is they claim tech took the markets lower in Japan whilst in the […]

https://www.youtube.com/watch?v=3-J7ONYywJs     COMMENT: Dear Marty, This is interesting weather change in Saudi Arabia. We usually have the air-conditioning running 24/7 365 days a year. And now… Also, I found your blog on Avenatti very interesting…. If he runs for President, and it looks like he is planning on doing so, he could be the […]

QUESTION: Mr. Armstrong; I can see what you have been arguing about the faulty design of the euro. After the EU rejected Italy’s budget, is there any hope left for Italy? RS, Rome ANSWER: For those who do not follow Europe closely, the European Union took the unprecedented step Tuesday (23rd of Oct) of rejecting […]