The Wikileaks Vault 7 of the CIA espionage has exposed the fact that they are spying on every individual in Germany from Frankfurt. Here is yet another blow to undermining public confidence in government. The CIA is allowed to spy on the entire German economy, every individual citizen, every politician, every lawyer, every businessman […]

QUESTION:  Dear Mr. Armstrong, as a daily reader of your blog I noticed the recent comment on the norweigian real estate market. You wrote that it was capital flight from the eurozone that made the prices go higher. Parking, not speculation, It seemed, in the light of everything, as a very natural development. As the […]

We have moved our servers to Florida. We are still in the process of expanding them. For everyone who has seen their subscription expire, we are extending that free of charge until the payment system is integrated. That we hope will be by the end of the month. For now, you will be able to […]

This is the year of political hell. The question is not about supporting one side or the other. This is a time that calls for us not to be small petty creatures but a case that requires rational human beings, which seems to be more impossible with each passing day. Never did there arise a […]

Markets and sentiment did not do too well in Asia today after the decline in the oil price yesterday. Energy stocks were hit as were commodity relations as we saw mixed data out from China and weaker JPY. China released better than expected Producer Price Index but was countered by slower than expected Consumer Prices. […]

We are perhaps witnessing the political crisis of a life time. Our model has been projecting this crisis and I warned more than 20 years ago that the Democratic Party was in serious decline. Keep in mind that Trump effectively became a third party candidate within the Republican Party. So by no means is this […]

The weekend and overnight news surrounded Chinese growth downplay and the North Korean missile tests. The former certainly helped the Shanghai and Hang Seng market with closes of around +0.4% whilst the later hindered the Nikkei closing -0.5%. China Parliament opened at the weekend with the Premier Li calling growth target lower to around 6.5%, […]

QUESTION: Is there any validity to this latest pronouncement by Time Magazine that Trump should be impeached for the foreign-emoluments clause? ANSWER: This is up there with the whole issue Obama’s birth certificate, which went nowhere. The foreign-emoluments clause would have applied to Hillary because she was taking money from foreign governments directly via her pretend […]

Yen weakness continues to push the Nikkei, which helped the exporters but also the inflation outlook appears more positive. Todays CPI release was came in a smidgen better than the zero forecast at 0.1%, with National at 0.4%. In Shanghai and in the Hang Seng we saw declines ahead of Janet Yellen speech later in […]

It was the speech that most claimed lacked substance that just did exactly what most thought it couldn’t – rally global stock markets. Yes, Japan’s Biz Cap-Ex released at 3.8% compared to the previous 1.3%; that woke markets, then Manufacturing PMI released a smidgen worse but when the JPY started to fall, everyone blamed Trump. […]