I reported that the object of the IRS is now to regulate accountants doing your taxes. The real idea is to expand the Draconian measures that any foreign bank that does not report what Americans are doing will be subject to have their assets confiscated in the USA. This has resulted in throwing out Americans […]

Merkel’s victory was really a signal that the Euro Crisis will not be over and that if anything the current direction of Europe will merely pick up speed downhill. The positive thing for the euro is that perhaps we can now go into hyper-drive to get this Sovereign Debt Crisis in the open. The likelihood of […]

QUESTION: Hello Martin: Thanks for the posts – you on fire 🙂 Question– if the emerging markets collapse and the bond markets collapse,  wouldn’t we have much less wealth world-wide?? If we have less wealth, isn’t that one of the things that helped drive the dark ages in Europe ?? So even if money is moving around isn’t […]

QUESTION: From reading your blog, my understanding of your view is that all relationships are in flux with respect to markets and market drivers, except for confidence.  For example, the stock/bond relationship can change over time, so stocks do not ultimately go up or down based on what bonds do but based on where confidence […]

Argentina did it. Poland will take over and cancel its government bonds held by its privately managed pension funds. This will stop just shy of actually “nationalizing” the system as it seeks to curb public debt. Socialism is completely falling apart. Thank you Karl Marx for selling this crap to politicians who just never saw a […]

QUESTION:  Dear Mr. Armstrong- You seem to hint that Bernanke didn’t want rates to go up especially when there is a ceiling impasse. Yet, he talked about taper/untaper and torchured the market for 3 months to prepare investors for a smooth QE-reduction. Most investors I know were expecting a small taper that could have still been interpreted as […]

Treasury Secretary Jack Lew made the following statement during remarks today before the Economic Club of Washington D.C.: “[W]e are relying on investors from all over the world to continue to hold U.S. bonds.  Every Thursday, we roll-over approximately $100 billion in U.S. bills.  If U.S. bond holders decided that they wanted to be repaid […]

The Fed said that it would continue buying bonds at an $85 billion monthly pace for now, expressing concerns that a sharp rise in borrowing costs in recent months could weigh on the economy. What the Fed is really saying is that behind-the-curtain everyone is screaming that interest rates will rise and that will blow […]

Germany’s parliamentary elections  will be held on 22 September 2013 to determine the 598 (or more, if overhangs are produced) members of the 18th Bundestag, the main federal legislative house of Germany. The elections may by no means bring the expected calm and stability to Europe. Indeed, the elections may well usher in a period of […]

The Bankers have the Fed investigating the regulations in a very clever bid to trade wildly once again your and other people’s money. They are claiming that in the bond markets “Regulations have created multiple constraints likely to curtail liquidity when it is really needed.” This is the statement made by the ill-fated Treasury Borrowing Advisory […]