ASIA:   The major Asian stock markets had negative day today: NIKKEI 225 decreased 611.63 points or -1.91% to 31,430.62 Shanghai decreased 53.32 points or -1.74% to 3,005.39 Hang Seng decreased 436.63 points or -2.46% to 17,295.89 ASX 200 decreased 96.00 points or -1.36% to 6,981.60 Kospi decreased 46.80 points or -1.90% to 2,415.80 SENSEX […]

  ASIA:   Japan’s Prime Minister Fumio Kishida announced plans for a new economic stimulus package to address the challenges of rising prices and stagnant wages. The package will focus on protecting people from inflation, promoting sustainable wage growth, domestic investment, addressing population decline, and encouraging infrastructure investment. Kishida intends to shift Japan’s economic focus […]

  COMMENT: I watched a pretend analyst who claimed the 1987 Crash was nothing. It is amazing how these people claim to be analysts yet do not understand the first thing about what took place behind the chart. I was there at your WEC in Princeton the weekend of the crash. I don’t remember if […]

ASIA:   In September, India’s retail inflation decreased to 5.02%, marking a three-month low. This decline was primarily due to lower vegetable prices. However, it remained above the central bank’s target of 4%, which is necessary for interest rate cuts. This figure was lower than the forecasted rate of 5.50% in a Reuters poll. In […]

ASIA:   The International Monetary Fund (IMF) has raised its growth forecast for India in 2023 to 6.3%, aligning it with its unchanged projection for 2024. This upward revision is due to “stronger-than-expected consumption” during the April-June quarter. The IMF also anticipates that India’s growth will be the highest among developing economies, even as global […]

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 80.69 points or -0.26% to 30,994.67 Shanghai closed Hang Seng increased 272.11 points or 1.58% to 17,485.98 ASX 200 increased 28.70 points or 0.41% to 6,954.20 Kospi increased 5.13 points or 0.21% to 2,408.73 SENSEX increased 364.06 points or […]

  ASIA:   Japanese Prime Minister Kishida Fumio is addressing the challenges posed by rising energy and food prices. He recently emphasized the critical state of Japan’s economy and instructed his Cabinet ministers to develop economic measures for a supplementary budget. These measures aim to tackle issues like inflation, wage increases, investment in domestic semiconductor […]

ASIA:   The World Bank has maintained its economic growth forecast for India at 6.3% for the fiscal year 2024 (FY24), which is the same as its previous estimate in April. This growth projection is attributed to a slowdown from the 7.2% growth observed in FY23, primarily due to adverse global factors affecting foreign demand […]

Our founder, Martin Armstrong, began trading in the mid-1960s. He noticed that it did not matter what the investment was; everything would rally in the heat of a buying panic and then crash in the blink of an eye. His history teacher in high school brought in a black & white movie, The Toast of […]

ASIA: JPMorgan’s head of emerging market economics has suggested that the Reserve Bank of India is likely to purchase dollars and sell bonds to manage rupee liquidity as India’s inclusion in global bond indices approaches. JPMorgan’s decision to include India in its emerging market bond index in June 2024 is expected to bring in $15 […]