Showing 7542 Results for euro
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Showing 7542 Results for euro
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January 24, 2016
The French Prime Minister, Manuel Valls, said at DAVOS: “The European project can fail if we cannot resolve the security and the issue of refugees.” The idea behind the euro was that a single currency would expand the European economy and allow for free movement. That dream is coming to an end for they see […]
January 24, 2016
QUESTION: Mr. Armstrong, You have been nominated for the FX analyst of the year in 2016 again. True, your calls on the Euro and the Swiss peg were amazing. But what has fascinated me even more is you also forecast that the Schengen Agreement would come to an end before the refugee crisis. Can you […]
January 22, 2016
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 […]
January 21, 2016
We will post a 35-minute video update to the World Economic forum (see “Helpful Video” thread) that will cover key markets. We have warned that January looked like a correction all around. Wall Street rallied after a hesitant start on Thursday as oil prices led the way after surging with a big gain. ECB President […]
January 19, 2016
The Cologne police are now defending themselves after revealing that they brought the problem of the refugees to Mayor Reker. Politicians are simply trying to cover up their mistakes at the expense of increasing the danger to the citizens of Europe and particularly Germany. I personally know one refugee in a camp who was from the […]
January 12, 2016
I have warned that 2017 will be the political year from hell. What I am illustrating here is the link between a sovereign debt crisis and the Revolutionary Cycle. In 1933, Roosevelt came to power in the USA and turned the country toward socialism. That same year, 1933, brought Hitler and Mao to power. So 1934 […]
January 9, 2016
The closing for the euro at 10869 provided the long-term Yearly Bearish Reversal that we have cited throughout the year: “We have Yearly Bearish Reversals at 11645 and 10365. So the 116 level will remain as reactionary resistance this year and the 10365 level is key support just below the current low of 10460.” The […]
January 4, 2016
Last October, Poland’s opposition Law and Justice Party won the election with 37.6% of the vote, which was enough for it to govern alone. Law and Justice is a conservative Eurosceptic party led by Jaroslaw Kaczynski. Law and Justice has very strong support in poorer, rural areas. When I was in Poland, in all of my meetings, there was unprecedented rejection to joining […]
January 4, 2016
Last October, Poland’s opposition Law and Justice Party won the election with 37.6% of the vote, which was enough for it to govern alone. Law and Justice is a conservative Eurosceptic party led by Jaroslaw Kaczynski. Law and Justice has very strong support in poorer, rural areas. When I was in Poland, in all of my meetings, there was unprecedented rejection to joining the […]
December 31, 2015
The banks of Hungary and Portugal are in trouble. Larger buffers are needed and the economy has not yet moved into a full crisis mode. That is yet to come.