Following a strong day in the US all core Asian Indices opened firm and with the exception of Shanghai, did not look back. China could not hold on to the mornings gains and eventually closed small lower -0.25%. The Nikkei and Hang Seng produced great one day returns of 1.6% and 2.7% respectively. In late […]

QUESTION: Dear Mr. Armstrong, (a) You say that the world is losing confidence in governments and I do not question that for a minute. (b) BUT you also say that the dollar will strengthen for various probable sounding reasons, which it is presently doing. (whereas many think it will collapse). For the collapse theory: it appears […]

It was debated at length today whether the Nikkei leads JPY or the yen leads the stock market! Either way we saw cash equities lose 0.9% today whilst the Yen rallied 0.6% only to lose that after the cash close. In late US trading we are looking at 110 handle but the Nikkei futures have […]

QUESTION: Dear Martin, First of all, thank you for your daily blogs. First thing I read every morning. I can’t wait to attend Novembers Orlando conference. My question is about the inverse relationship of Gold(precious metals) and the Dollar. Looking at historical charts it would suggest that we may continue to see a price decrease in […]

You could say that Japan has had more than fair share of poor data lately but sadly it continued today after a larger than expected trade data and a further contraction in its (Manufacturing) Purchasing Managers Index. This resulted in an initial 2% decline in the Nikkei in the morning session but only to see a […]

QUESTION: Mr. Armstrong; The scaremongering going on here is claiming that if BREXIT becomes reality, we will be thrown out of Europe and have to pay massively for healthcare outside of Britain. Do you have any information on this? Thank you A former neighbor DS ANSWER: There is something most Europeans are clueless about. The […]

The people who counted the votes are claiming that the Austrian election is in a dead heat. Norbert Hofer of the Freedom Party and Alexander Van der Bellen are each on 50%, according to the estimate, which includes postal votes not yet counted. The pools really put Hofer ahead, so there may be some voting counting issues […]

QUESTION: Mr. Armstrong, with your 2015.75 turning point on the ECM, you said that was the peak in government and the following 4.3 years would turn down rather hard. You also said 2016 would be a strong rise in 3rd party activity and people are now talking even about Bernie running 3rd party. You said […]

QUESTION: Mr. Armstrong, it seems that there is a cycle to everything. I am starting to notice there appears to be cycles in the use of words especially in a legal context. Your piece on “discretion” is interesting how it evolves to suit the times. Money Laundering began as a drug crime and now it […]

The market seems happy that the JPY trades comfortable north of 110 as we saw a small 0.5% gain in the Nikkei today. Hang Seng performed better closing up over 1%. with Shanghai also closing near its highs. A quiet session to close the week but at least on a positive note. A quiet but […]