Politics in France are changing and the shift underway is ahead of the 2017 presidential elections. Today, France’s far-right National Front won almost 30% of the vote. Between the high taxes, abuse of socialists who have driven the economy into the ground (as evident by the share market decline when everyone else had been making […]

The U.S. real estate market has turned for the top end has peaked. Luxury homes for the top 5% are now off by 2%. In my personal search, I have been looking at homes in Florida for the past year. Some of the high-end homes they showed me on the beach were still on the […]

We warned last February that the cornerstone of the EU — the freedom of movement to create the United States of Europe — would collapse. This effort to create a borderless Europe became known as the Schengen Agreement and was signed on June 14, 1985 (1985.452) between five of the then ten member states of the EU. […]

Asia caught the end of the US session this morning as all three core markets responded with falling prices. The Nikkei performed worse of all losing 2.4%, while the Shanghai and Hang Seng returned -1.3% and -0.9% respectively. European markets attempted to bounce after yesterdays declines but a non-farms payrolls number spurred the US but at […]

To understand what is really behind the curtain regarding the Middle East, ISIS, Turkey, and the USA’s strategic attempt to reduce Russia’s control over energy to Europe, we must start back in 2009 when Qatar proposed a pipeline plan to Assad to send its natural gas to Europe via Saudi Arabia, Syria, and Jordan. Assad […]

Continued speculation that additional official support would be available next week in China supported the Shanghai Stock Index yet again. The strong close (of over +1.3% higher) in Asia has been short-lived as the events in Europe have reversed most, if not all, of today’s move (as seen this evening in futures trading). Initially, all […]

What is becoming clear is that Turkey has most likely NOT acted alone against Russia. They have more likely than not fired the first shot in what may become World War III. Turkey has been buying the oil from ISIS and thus funding them. Yet at the same time, they are part of NATO and […]

Rumors between dealers that Chinese authorities could be about to introduce new incentives to boost property prices saw the Shanghai Index rally 2.3% in today’s trading. The Hang Seng closed marginally firmer also (+0.5%) but only a smidgeon in comparison. The Nikkei did not benefit from a weekly close above the 20k level and so […]

COMMENT: If the Fed is so smart and understands the problem with low/negative interest rates, then why didn’t it hike rates in September?  Better yet, why didn’t they raise rates YEARS ago?  The Fed has kept rates near zero for seven years but now suddenly realizes that this is a problem? I am surprised that you […]

QUESTION: Dear Mr. Armstrong, You write that you apologize that you can only provide 400 seats to this years’ World Economics Forum in Berlin. Why don’t you offer the possibilty to take part via an Internet Conference? So a lot more people could join your conference! Best regards, AS ANSWER: Doing a two day live […]