QUESTION: In the recent past you have spoken about rising interest rates in the USA being imminent. Just wondering where we stand on that front as rates have been in a downtrend since peaking last fall? Thanks, Pete ANSWER: The rise in interest rates comes with the turn in the ECM in January. However, what […]

Our World Economic Conferences provide a rare glimpse into our financial futures, enable attendees to learn from the leading economic expert, and attract like-minded individuals from around the world. As a politician and past guest speaker Nigel Farage said, the WEC is “the alternative to Davos.” Perhaps our past attendees can explain it best:   […]

Trump wrote on Twitter over the weekend that tariffs on $200 billion in Chinese goods could rise to 25%. He said that a 25% tariff will soon be assigned to a selection of $325 billion in presently untaxed goods. The tweet sent the Dow Jones Industrial Average down sharply while the yield on the 10-year […]

COMMENT: I am a senior exec here in the German auto industry. I attended your Berlin conference. I just want to say your ECM is remarkable. Our industry has seen a decline in auto sales since the middle of 2018 right on schedule. It looks like it will be a hard landing here. This Brexit […]

QUESTION: I believe back at your 1985 WEC, if I remember correctly, besides the 2016 target for the first opportunity for a third party type president, you also gave the date 2021 for the potential breakup of the Treaty of Rome. Could you refresh my memory on that one? See you in Rome Thanks as […]

The German economy is what holds up Europe. The data on the industrial sector in Germany is out and it has disappointed everyone once again with production dropping 0.8% month-on-month in January 2019. January’s contraction was driven by a steep drop in capital goods output and a fall in intermediate goods production. However, consumer goods […]

Perhaps there is some new plague that only affects politicians on a global scale. It seems no matter what country we look at, it is simply going completely insane politically. Americans rarely understand Parliamentary politics in London for it is not unusual for Trump to meet with the Democrats, Chuck and Nancy, in the White […]

COMMENT: I just wanted to say how amazed I am at Socrates. The Nationwide Building Society (real estate) here in Britain has confirmed that London was the worst-performing region in Britain and has declined now for 7 years. Just wanted to thank you. I sold out and you probably saved my marriage. My wife disagreed but now […]

  QUESTION: Dear Mr. Armstrong It was my great honour to meet you in Orlando in November. I couldn’t help hugging you! Thank you so much for all you are doing. Two questions: 1. In terms of societal collapse, I have been looking at 2032 as the date of armegeddon , or the next major asteroid […]

Last week, the yield on the 10-year U.S. Treasury bill fell below that of the 3-month note for the first time since 2007. This is what everyone calls an Inverted Yield Curve, and is seen as an early indicator of a recession. In that regard, it is conforming to the Economic Confidence Model (ECM) which has […]