Hillary will not release transcripts of her speeches at Goldman Sachs for which she was paid $675,000. The New York Times has reported that she has racked up $30 million in speaking fees in just 16 months. However, the total amount Clinton received in speaking fees since 2001 has reached $125 million. It seems to be […]

Asia’s response to the late U.S. rally in stocks was to play catch-up this morning with all core indices closing up around 1% (roughly where they opened). The ASX followed the surge in oil prices with a gain of almost 2%. Rumors around the market that the BOJ has furthered easing plans helped sentiment, so […]

Hillary Clinton continues to struggle against Bernie Sanders who has rightly pointed to her ties to Wall Street. They should put it out there straight: THE CLINTONS HANDED STUDENTS TO THE BANKERS. In an attempt to stand up to this criticism, which is really indefensible, Hillary said she is no closer to the nation’s largest banks […]

As they say: “What a difference a day makes”. Dealers were telling us yesterday that they left the sentiment had changed for whatever reason they were calling this one, the Mario Move. Continuing its overnight run into Asian trading eventually easing above the $30 mark it gave the Equity dealers the comfort to take stocks […]

QUESTION: Marty, now the OECD is predicting a financial crash worse than the 2007-2009 event in Europe because they say there is over €1 trillion in bad loans that cannot be collected. They seem to be also changing their opinion to fit your model. Were they there in Berlin? ANSWER: We cannot comment on if the OECD is following […]

Alexis Tsipras has to implement pension reform in order to get more loans from Brussels. He is betraying everything the Greek people voted for and is pushing Greece over the edge. Brussels is demanding that the Greeks pay for the shenanigans of Goldman Sachs whom helped Greek politicians cook the books. Protests against the pension […]

QUESTION: Mr. Armstrong, your real estate cycle turned up from 1955. It does not match the Case-Shiller index which peaked in 1890s and bottomed in 1920 and then began to rally after 1940 into the 1955 period. Something seem strange with that index given the huge Florida real estate bubble which burst in 1927. Can you […]

Well, today was fun! Asia suffered from the start with heavy selling across the board. Both the Nikkei and HSI closed down almost 4% with Shanghai losing just 1%. Most blamed the IMF down-sizing its growth forecast (from 3.6 to 3.4%) but obviously, the oil price is never far from everyone lips. With WTI closing […]

Overnight the Chinese data that the whole market was waiting for actually missed on the estimate (forecast was 6.9 but actual came in at 6.8) but all was forgiven after the PBOC injected more liquidity combined with rumours of additional supporting measures! The Shanghai Index loved the move and returned a 3% daily push. In […]

QUESTION: Greetings Mr Armstrong and thank you for your excellent blog! I have recently started reading Benoit Mandelbrot’s The Misbehaviour of Markets in which he states that stock prices probably isn’t predictable in any useful sense of the term (p. 6). I recall that you have stated that stock prices can be predicted but not […]