QUESTION: I could not attend the WEC. Cannot wait for the video and materials. I understand you said the US share market was poised to retest the underlying support into 2019. Can you elaborate? Thank you so much PY ANSWER: The target and timing will be on the Private Blog. But generally yes. We will […]

Often, when a major economy is out markets are quiet and that is exactly what we have seen the past two days. Thanks Giving in the US and national holidays in Japan has kept global markets quiet, closing almost unchanged from midweek close. Additionally, with such uncertainty surround Trade talks and BREXIT negotiations it endorsed […]

A Greek cleaning lady was sentenced to 10 years in prison for lying about her elementary school record in a court ruling. Her sentence has outraged the people and rightly so. The 53-year-old woman had worked at a publicly-funded nursery for 15 years until a review in 2014 revealed she had doctored a certificate documenting her […]

Following the worrisome US decline seen yesterday, Asia was initially spooked. However, within the first couple of hours trading prices had bounced to reach unchanged and spent the balance of the day trading with a positive bias. Talk that US and China are making slow progress behind the scenes is encouraging, but it really is […]

Dominic Raab, who was the negotiator in BEXIT told the chief whip straight after cabinet yesterday that he would quit. He said the prime minister could still change course and should be ready to walk away with no deal. Naturally, Prime Minister May defends the deal and this is indicative of someone who never supported BREXIT, […]

A relief rally after a poor opening for US markets and that confidence did roll into Asia, but only for a short time. The Nikkei opened well but then saw selling and the heavy mood softened the index into the weekend. This trade could also have been a balanced trade for the Yen, which is […]

QUESTION: Mr. Armstrong, you said that next year, interest expenditure will most likely exceed military. Is this how the monetary crisis begins to unfold? WR ANSWER: The entire problem with this Quantitative Easing has been the plain fact that the government is the biggest debtor. This is the same model around the world. Lowering interest […]

Part of the War Cycle we have been warning about since it turned upward in 2014, is not merely international tensions between nation-states.  This particular uptick is the convergence of two cycle – (1) the international tension, and (2) the civil unrest. I previous warned that because the civil unrest would turn up, this should […]

Although the Asian markets opened weaker, that proved to be the days low and all recovered from then on. That said, the Nikkei, New Zealand, KOPSI and ASX all finished lower with Japan actually losing 2%. In late trading we are seeing a small recovery for the Nikkei futures but with that the Yen is […]

The rumor mill has been hot concerning Malaysia and Goldman Sachs for the past two years. As it was turning into a criminal investigation Lyod Blankfein coincidently decided to step down at age 63. That was announced last March when he said he would step down by the end of the year. Then in July, Blankfein […]