This upcoming seminar in Frankfurt Germany will deal with both the short-term and long-term. This has been the Year from Political Hell, and it will not end until after the German elections. With the ECB finally throwing in the towel admitting (but certainly not publicly) that nearly 10 years of low to negative interest rates […]

Private Blog – Euro Update

COMMENT: Marty; I see what you mean that it does not matter what the fundamentals are, markets move based upon what people belief be it right of wrong. To what the euro rally reminds me of the DOT.COM bubble. Blue skies forever. REPLY: Yes. Human nature is such that we act always in anticipation of […]

Private Blog Update for June Month-End Closing in the Euro/Dollar Please note: While our ArmstrongEconomics.com blog is free to the general public, our Private Blog posts are not accessible on ArmstrongEconomics.com. They are only accessible on our sister website, Ask-Socrates.com. This website is a membership only service, and Private Blog posts are only available to members. […]

https://www.youtube.com/watch?v=UT_MFvKhBsE The very issue of the European Refugee Crisis highlights the entire problem with the European Union. There is no democratic union whatsoever. The issue of accepting refugees was a unilateral decision by Merkel alone. It was never put to vote in Europe. Once the migration turned to a full blown crisis, Merkel then insisted […]

  Please note: While our ArmstrongEconomics.com blog is free to the general public, our Private Blog posts are not accessible on ArmstrongEconomics.com. They are only accessible on our sister website, Ask-Socrates.com. This website is a membership only service, and Private Blog posts are only available to members. To learn more about Ask-Socrates.com Standard Membership Level, click […]

I reported previously that the European Commission is seeking to take the clearing of the Euro derivative transactions from London and move them to Paris. The European Central Bank (ECB) is warning that it must secure strong access rights for the supervision of the cross-border settlement of financial transactions after the departure of Great Britain from […]

The European “bail-in” rules have been cheered claiming taxpayer money will be spared. However, many seniors bought bank bonds for their retirement. In the rescue of the small Banca Popolare d’Etruria, a retiree who had lost more than 100,000 euros worth of bonds committed suicide. There have been many such events that do not always make […]

The European Union is preparing the legal basis to take over London’s extensive trading business with euro derivatives. This is just another complete failure of bureaucrats to comprehend market function. Perhaps they should also outlaw euro trading in the USA and Asia. That would be real smart. Then they can all sit down and play […]