ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 61.70 points or -0.23% to 26,756.24 Shanghai increased 1.31 points or 0.04% to 3,373.28 Hang Seng decreased 92.25 points or -0.35% to 26,410.59 ASX 200 decreased 45.40 points or -0.67% to 6,683.10 Kospi decreased 9.01 points or -0.33% to 2,746.46 […]

ASIA: Asian economies – including India, China, Singapore and Indonesia – are set to brush aside the COVID-19 pandemic’s impact and would enter the ‘Goldilocks’ phase in 2021, as per a Morgan Stanley research. Goldilocks economy — not too much deflation, not too much inflation — sustains moderate economic growth. In other words, that is […]

Humans are not the only species to get viruses. A real energy crisis hit the United States that began in 1872 and expanded into 1873, which contributed to the Panic of 1873.  This was a flu virus they called distemper that shut down the US economy by infecting horses. It was in 1872 that the […]

  ASIA: China’s economy is growing stronger after the country posted a $75.4 billion trade surplus in November. Exports from China have risen 21.1% YoY, and was pushed especially by US consumers (46% increase) despite tariffs and muddled relations. US Secretary of State Mike Pompeo announced today that the US will sanction 14 top Chinese […]

As we prepare for this year’s World Economic Conference (December 4 and 5), please be advised the Market Talk blog posts will return on Monday, December 7. For those of you who have signed up for a virtual ticket, you still have time! Click here to register: https://armstrongeconomics.ticketspice.com/2020-world-economic-conference-us ASIA:   The major Asian stock markets […]

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 13.44 points or 0.05% to 26,800.98 Shanghai decreased 2.56 points or -0.07% to 3,449.38 Hang Seng decreased 35.10 points or -0.13% to 26,532.58 ASX 200 increased 1.70 points or 0.03% to 6,590.20 Kospi increased 41.65 points or 1.58% to 2,675.90 SENSEX […]

  A number of people have asked for a confirmation of the array analysis. Here you can see that the Turning Point was November, and then we have Jan/Feb. Not that we have back-to-back Directional Changes in November and December. Whenever the Directional Change aligns with the Turning Point, that is a very important combination […]

ASIA: India on Monday didn’t join other members of the Shanghai Cooperation Organization (SCO) in backing China’s Belt and Road Initiative (BRI), which New Delhi has consistently opposed as a key part of it passes through Pakistan-occupied Kashmir (PoK). India’s central bank monetary policy committee is expected to leave interest rates unchanged when it meets […]

ASIA: Prime Minister Scott Morrison on Monday demanded an apology from the Chinese government for tweeting a “falsified” and “repugnant” image of an Australian soldier killing a child in Afghanistan, amid escalating political tensions between Canberra and Beijing. Morrison said Australia has reached out to the Chinese government and also contacted Twitter to have the […]

QUESTION #1:  Hi – Martins blog post on the plan of canceling the currency Jan. 1st 2021 is very disturbing. Could he please clarify if that is indeed the plan and if it includes the USA. It is not entirely clear. Tks C ANSWER #1: The Democrats have been trying desperately to join the World […]