On the WEC forum, there are four video updates on forecasting for the following key markets: Currencies: Euro, Pound, Yuan Commodities: Metals DOW, DAX, Nikkei, etc. Crude Oil Update

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 […]

Those who attended the Princeton and/or Berlin 2015 World Economic Conferences are entitled to access the updated videos covering the major markets for the first quarter of 2016. These videos can be found on the World Economic Conference forum. If you did not receive your WEC forum access code, please contact staff.

The opening in Asia was the main discussion point for most dealers today. Oil hitting its lowest price ($27.65) since 2003, the Nikkei trading down 2% in the first 30 minutes of trading, and the Chinese raising the off-shore yuan all helped to spook markets. However, finally the fears were short-lived, and by close the […]

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 […]

Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with the shareholders being the banks, to provide the cash needed to prevent bank failures. To stimulate the economy when the banks could not […]

Why has China become so important? Largely because global investors are in this transition mode and do not understand how or why the foundation of everything is changing beneath them. The market turmoil in China spread around the world on Thursday as global investors took their lead from China as a contagion unfolded with no real understanding. […]

Certainly, the markets were a lot more sedate today than they were on the first day of 2016! All eyes were on China after yesterday’s exchange close and initially, we did see a rather depressed (-2.6%) open, but only to recover within minutes. Most of the day was spent in and out of the red […]

Despite the low volume, we saw a positive rally across Asian equities with all markets closing around 0.5% or higher. The PBOC set the yuan rate at 6.486, the lowest since mid-2011, but marginally weaker than yesterday. In Europe, markets moved ahead with the DAX, FTSE, and CAC all closing higher by around 2%, the […]

QUESTION: Dear Marty, You have put your numbers out there for all to see for year end. Can they manipulate the closing due to thin markets, then reverse them to try and make you look bad? Thank you. Best, TD ANSWER: Sorry, but it is impossible. I tried myself to elect a number when I was […]