Been a crazy day for many markets today but stocks have not really been one of them! Oil was the crazy sector today following yesterdays 7% price decline today we saw a healthy 9% appreciation on news OPEC plans a production cut. However, that was not until late European trading so lets just recap Asia […]

California is being used to justify handing the crown to Hillary despite the fact she conceded claiming she has 2 million more votes for her. But California is where her margin was 3.7 million over Trump. That means Trump beat Hillary even in the popular vote in the rest of the nation excluding California by […]

The major bonus to Hillary losing the elections is that Larry Summers will not be the chief economic adviser. Larry Summers is Hillary’s top choice for Fed Chairman or the Chief Economic Adviser in the White House. Treasury Secretary, was a position he held under Bill Clinton in the 90s, but that was going to go […]

The Clinton campaign is clearly trying to see if they can play the Russia card and allege that the votes in Pennsylvania and Wisconsin were hacked. They said they were now investigating “any actionable evidence of hacking or outside attempts to alter the voting technology.” While the vote was overwhelming reaching more than a 70,000 […]

The hunt for money is intensifying with the aid of banks no less. India was the balloon. They simply canceled the current with no notice and imposed a 90% tax on anyone holding the high denomination notes. This is how the world governments operate. The first bail-in was done in Cyprus. We were even contacted […]

Asian trading was pretty quiet ahead of much European and US data and consequently did not spring into action until later in the day. The Nikkei, HSI and Shanghai exchanges were moderately mixed but we did see the ASX (Australian market) produce a strong 1.3% return as Miners and Ind Metals performed well. All this […]

  The proposal that the Electoral College should have voted for Hillary, thereby undermining the Constitutional structure of state v federal rights, was very serious. It demonstrates just how corrupt her followers can be willing to destroy everything to force their way upon the whole. This proposal would have destroyed the entire Constitution, and Hillary would have […]

President Ford granted former President Richard M. Nixon an unconditional pardon for all Federal crimes that he “committed or may have committed or taken part in” while in office. Ford said his pardon was intended to spare Mr. Nixon and the nation further punishment in the Watergate scandals. This establishes the precedent and answers the […]

COMMENT #1: To everyone at Armstrong Economics, This years WEC seemed like it was in the distance future. Then it was a month, a week, and a day away. Now It’s been one week since we were all gathered in the Hilton Bonnet Creek Auditorium for the WEC 2016. I was excited for this years […]

We hardly saw any excitement overnight other than the fact that the BOJ bought some 10yr JGB’s to keep yield around zero. This obviously has a detrimental affect on the currency and in late trading we see JPY trading close to 110. As a consequence of the weaker currency financial stocks traded heavy whilst the […]