In Europe, despite the positive Asian market with the Shanghai Index exceeding 3% (on the back of weekend government vocal support), we had a lack luster session with no clear direction. The same could really be said for the U.S., but at least there the indices finished in the positive. Oil was probably the most talked about asset of the […]

We saw some solid gains in Asian Equities ranging from +0.5% (Hang Seng – highest close since the summer) up to the impressive 1.5% from the Nikkei. Generally, confidence in Asia is creeping back-in but dealers are saying that is only as long as the Shanghai Index remains above the psychological 3k level (closed today at […]

Our computer has been projecting an emerging civil war within the Republican Party. A lot of e-mails have come in on this subject. Rep. Kevin McCarthy’s startling decision to pull out of the race for Speaker of the House of Representatives illustrates, quite openly, how the Republican Party is bitterly divided between hardcore conservatives and […]

QUESTION: Mr. Armstrong; Thank you for coming to Athens. After the presentation, there were so many questions that the moderator did not have time for. You answered some for the crowd afterwards that I had never heard anyone ever explain. You said Quantitative Easing was not money printing nor did it really increase the money […]

The day for equities peaked in Europe with most core markets up around 1%. The US changed the mood early in the session as the Biotechs took their toll on the NASDAQ and within a short time the index was 1% lower. Main talking point was the weakness of the US Dollar and the recovery […]

QUESTION:  Mr Armstrong, How does the ECM stack up against The Punic Wars which left the victor, Rome,the Mediterranean superpower and on the road to Empire? Many thanks for sharing your historical knowledge. JR ANSWER: When I back tested the Economic Confidence Model, this frequency appeared over and over again throughout history in all cultures. […]

QUESTION: Mr, Armstrong; I recently read an article claiming to be a case study that it was somehow the French hyperinflation that led to the revolution. It seems that as you say they are again mixing facts to support a rise in gold with hyperinflation. I am a collector of French monetary history and the paper […]

India was in contact with the Roman Empire from the Republican day. There was significant trade between Rome and India from the first century BC. India was the source of perfumes, spices, and gems, which found a welcome market in Rome. In turn, international trade also saw Rome’s linen, glass, and wine make their way […]

The thinking that has emerged from the release of the job numbers is confusing to say the least. They lead to the assumption that the U.S. economy has downshifted for the last three consecutive months. However, the Fed will not move into QE mode as that has robbed them of their power to attempt to manipulate the […]

The 2015 World Economic Conference will review every important country and their markets. We will look at the globe, and in doing so, we will be in a position to see how capital moves and what the future will bring. By reviewing the world, we get to see the global trend and therein lies the […]