The British pound has dropped 1% today and is trading in the mid 127 level. The rumor running around the City (the financial sector in London) is that Prime Minister May has called an emergency press conference and she will resign handing power to Michael Grove. However, it may be more likely that  Grove has […]

CNN has filed suit over Trump banning Acosta from the White House claiming they have a First Amendment right. Trump says CNN’s Jim Acosta is ‘bad for the country’ and was ‘very rude’ to a female intern during microphone clash as White House argues in court that ‘no journalist has a First Amendment right to enter’. Actually, […]

Attorney Michael Avenatti, who became famous for representing Stormy Daniels in her defamation lawsuit against President Donald Trump, and has brought other women to testify in the Supreme Court hearings, was arrested for suspected domestic violence on Wednesday, according to the Los Angeles Police Department. The police have confirmed the arrest but state it is […]

Part of the War Cycle we have been warning about since it turned upward in 2014, is not merely international tensions between nation-states.  This particular uptick is the convergence of two cycle – (1) the international tension, and (2) the civil unrest. I previous warned that because the civil unrest would turn up, this should […]

The rumor mill has been hot concerning Malaysia and Goldman Sachs for the past two years. As it was turning into a criminal investigation Lyod Blankfein coincidently decided to step down at age 63. That was announced last March when he said he would step down by the end of the year. Then in July, Blankfein […]

QUESTION: Mr. Armstrong; Your take on the midterm elections is that the Democrats really failed and simply won a symbolic victory? Thank you IE ANSWER: Yes. The Democrats keep making lower highs and deeper lows. They do not review the major trend nor are they willing to revise their central theme.  While the Democrats won the majority […]

  In Florida, the vote was very close. Ron DeSantis got nearly 40,000 more votes than socialist Andrew Gillum in the Florida governor’s race. Then Rick Scott over 15,000 more votes than Bill Nelson in the Senate race. Florida’s secretary of state ordered a recount Saturday afternoon for the elections for governor and U.S. Senate. Both races remain within the 0.5-percent […]

In France, things are not much better. Emmanuel Macron, the current president of the French Republic, has collapsed in popularity from 57% to just starting to break the 30% level. Macron has collapsed in popularity faster than Nicolas Sarkozy did, who was a one-term president. Macron said he wanted to turn France into the “Start-up nation” […]

While we are still waiting for the final election results to determine if we elected a Bearish Reversal in the Senate for the Democrats, the dust is beginning to settle and people in the political realm are beginning to review the results closer. While many of the press try to claim Trump’s calling the election a […]

The races are so razer-thin showing that the nation is deeply divided that we are still waiting on some seats to be declared – namely three in the Senate. This is extremely critical on our model because right now it is 51 to 46 and we have a Bearish Reversal at 47 in the Senate for the […]