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Market Talk – June 2, 2020

ASIA: The World Health Organization struggled to get needed information from China during critical early days of the coronavirus pandemic, according to recordings of internal meetings obtained by the Associated Press. The recordings obtained show officials complaining in meetings during the week of January 6 that Beijing was not sharing data needed to evaluate the […]

Market Talk – June 1, 2020

ASIA: China’s official manufacturing PMI for May came in at 50.6, according to the country’s National Bureau of Statistics. A private survey released Monday also showed manufacturing activity in China unexpectedly expanding in May, with the Caixin/Markit manufacturing PMI coming in at 50.7 for that month. PMI readings above 50 signify expansion, while figures below […]

Market Talk – May 29, 2020

ASIA: President Donald Trump launched a blistering attack on China on Friday, and announced a slew of retaliatory measures that will plunge US-China relations deeper into crisis. “They’ve ripped off the United States like no one has ever done before,” Trump said of China, as he decried the way Beijing has “raided our factories” and […]

The New Norm – Social Distancing Forever

In discussions behind the curtain, it appears that there is also a hidden agenda to embrace Bill Gates’ virus for the purpose of suppressing our freedom. The Marxist Socialist Model that took over the world beginning with the Progressive Era at the turn of the 19th century is collapsing.   The unfunded liabilities and the […]

Market Talk – May 28, 2020

ASIA: China’s Parliament has backed security legislation for Hong Kong, which would make it a crime to undermine Beijing’s authority in the territory. Clashes broke out on Wednesday as Hong Kong’s Parliament debated a different proposed law, which would make it a crime to disrespect the Chinese national anthem. Hundreds of people were arrested in […]

Market Talk – May 27, 2020

ASIA: Tensions between China and India over their Himalayan border have escalated, with China accused of moving thousands of troops into disputed territory and expanding a military airbase in the region. An online news agency reported that thousands of Chinese People’s Liberation Army (PLA) troops have moved into sensitive areas along the eastern Ladakh border. […]

Market Talk – May 26, 2020

ASIA: An internal Chinese report warns that China is facing a rising wake of hostility in the wake of the coronavirus outbreak that could tip relations with United States into a confrontation, people familiar with the matter told Reuters. State media reports say that Chinese President Xi Jinping on Tuesday directed China’s armed forces to […]

Is this Unfolding Faster than Expected?

QUESTION: Mr. Armstrong, you have been targeting 2021 into 2022 as a critical time. Do you think this is unfolding faster than expected, or is this yet another sucker rally to get people all trapped in again on a bounce and then slaughter them? I find it curious how people get so bullish at every […]

Market Talk – May 22, 2020

Due to the US bank holiday on Monday, “Market Talk” will resume on Tuesday, May 26. ASIA: Chinese President Xi Jinping said on Wednesday on the 20th anniversary of Macao’s return to China that the “One Country, Two Systems” principle is totally feasible and enjoys broad public support with characteristics of Macao. Xi made the […]

Market Talk – May 21, 2020

ASIA: China’s parliament has announced that a new national security law in Hong Kong, a move likely to fuel further anger and protests in the semi-autonomous city. The law, which is expected to ban sedition, secession, and subversion of the central government in Beijing, will be introduced through a rarely used constitutional method that could […]