The FED was blamed for stopping yesterdays US rally in equities and has had a similar effect in Asia. Jerome Powell commented that they are a long way from neutral and that hit the long end of the Treasury curve. The ADP was probably enough to indicate economic strength, but then Jerome Powell light the […]

QUESTION: As an avid reader of your daily BLOG, I’m well aware of the attempt to abolish cash, potential freezing of bank accounts, years of negative or near zero interest rates and “helicopter money” from the government are all likely scenarios in the near to distant future. Without compromising any of your business or proprietary agreements, […]

The events in the Senate concerning the nomination of  Brett Kavanaugh’s illustrates that career politicians are destroying our way of life because they are so intent on just beating the opposite party that nobody is paying attention to the real problems we are staring at straight in its eyes. We face a very dark future because there […]

The Nikkei led the pack for Asia rallying 1.6% before a setback at the close. However, given the slight dip it still managed a 1.36% return raising the index to its highest since January. Ypu would have to go back to 1991 to see the Nikkei at these levels, but obviously it is and probably […]

A better and more constructive day all around for Asian equities as most markets reopened (S. Korea still off) for business. With both the Shanghai and Hang Seng opening firmer, a steady trend developed to return 1% for both indices. Remarks overnight from US President Donald Trump failed to assist US trading or external commitment, […]

There is a serious economic crisis brewing that few seem to be paying attention. According to a new survey from Zillow Group Inc. (ZG – Get Report), approximately 22.5% of millennials ages 24 through 36 are living at home with their moms or both parents, up nine percentage points since 2005  which was 13.5% and the most in any year […]

QUESTION: Mr. Armstrong; I have a hard time envisioning this age of knowledge some claim is behind cryptocurrencies and others claim is behind robots that necessitate a guarantee welfare system. Do you give any credence to these type of forecasts of the long-term future? BG ANSWER: No. This idea that we advance to a higher state of […]

  The much anticipated and some would say, over expected, tariffs were announced after the US markets closed yesterday (Monday). The DOW had already dipped over 100 points, whilst the NASAQ closed 1.5% lower. It is often the case in markets that the news is more fearful than the act and that is what we […]

According to CNBC, Bob Woodward reported that Trump told Gary Cohn, the former Goldman Sachs/director of the National Economic Council to just print more money to reduce the national debt. Woodward reports this discussion:   Trump: “Just run the presses—print money.” Cohn: “You don’t get to do it that way. We have huge deficits and they […]

Interesting that China markets remain heavy even whilst the Nikkei managed a bounce. Both Shanghai and the Hang Seng suffered over 1% losses today. Obviously, President Trump mentioning of an additional $267bn late last week didn’t help matters and that continues to nerve a broader audience again today. We continue to see money leaving the […]