After the US closed we saw yet more encouraging results from the likes of Alphabet (Google parent) and Amazon (+4% futures) which has boosted confidence into the Asian session. However, that run did not last long as comments from President Trump concerning North Korea certainly unnerved markets resulting in a mixed close for month end. […]

QUESTION: Martin, I started following your models shortly after college in 2000 when I entered the financial advisor world. I soon realized how clueless this industry was and formed a hedge fund in Tampa in March 2007 to short retail and housing, largely based on your models & my understanding of cycles. I reached the top […]

Two central banks were in play today, but neither moved on rates which was very much expected by the markets. The BOJ did however raise its economic forecast although that did not help support the Nikkei which closed small down at 19,250. The psychological barrier remains the 20k level but as it’s the end of […]

Federal Minister of Finance Wolfgang Schäuble of Germany is starting to show signs of rebellion against the elite in Brussels. With the event of BREXIT, the EU is more concerned about trying to punish Britain than they are in reflecting upon what is going so terribly wrong. They will throw their support behind Macron in […]

French Presidential candidate Marine Le Pen says she is temporarily stepping down as head of her National Front party. She is still in the race, just attempting to distance herself a bit more from her party to broaden her appeal. The May 7 run-off between herself and Emmanuel Macron, will be interesting for it is a test […]

Monday’s Asian trading needed to see Europe’s and the US reaction before getting too carried away and that is probably what we saw today. With all core indices seen making strong progress we saw another good day for the Nikkei (+1.1%), a healthy 1.3% return for the Hang Seng and KOSPI while the Shanghai and […]

The following my objections to President Reagan regarding the Plaza Accord and the policy of Jim Baker to create the G5 and at that meeting it is when the idea of the Euro was born to create a currency to compete against the dollar. I had warned that volatility would increase as a result of […]

Donald Trump’s tweet on Saturday for plans of a “big” tax reform announcement on Wednesday has probably been overshadowed by Sundays event. The first round victory for Macron and going head to head with Le Pen certainly propelled Europe, but may be questionable how much of an effect it had away from President Trumps tweet. […]

QUESTION: Mr. Armstrong, I saved your article from November 25th last year where your computer forecast the collapse of mainstream politics. Macron was not even in the picture back then. Have you recalculated now that all the parties collapsed and it is Macron v Le Pen? ANSWER: I am very familiar with France. I was supposed […]

Early Market Talk Update following French vote: Following the result of the first round vote within France, the Asian exchanges were perplexed. One clear message that has been portrayed is that the safe-haven demand has vanished but has yet to reveal risk demand. A lot of what we have seen in the first 12 hours […]