ASIA: India has extended its national lockdown until May 3, 2020. Prime Minister Modi announced this decision today in a televised address to the nation. After April 20, some states that have avoided outbreaks may be allowed to resume. The country has at least 10,363 reported cases, including 339 deaths, according to the Ministry of […]

ASIA: India’s central Bank said in its Monetary Policy Report that the outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak. India’s economy expanded at its slowest pace in more than six years in the last three months of 2019 and was projected to clock in full-year growth of 5% which […]

COMMENT #1 [From Germany]: Dear Mr. Armstrong, I owe you an apology. For a long time I was of the opinion that the measures (lockdown, social distancing, flattening the curve) were fully justified. I had also clearly expressed this in my e-mails to you. I must admit that I was wrong. I am a learning […]

There are two schools of thought running around. One blames China for experimenting with Bat Viruses and insist that this was not intentional, but a leak from the Wuhan Lab because of a lack of security. There are some who want to file lawsuits against China in the USA, Britain, and India for damages. Xi […]

Market Talk will resume on Monday, April 13. We would like to wish our readers who celebrate a happy Easter weekend. ASIA: India’s factory output rose to a seven-month high of 4.5% in February, before the government imposed a nationwide lockdown in March that crippled normal economic activity. Mining and manufacturing grew at 10% and […]

QUESTION: Isn’t Bill Gates linked with Al Gore and Greenpeace? Was he too using Greta? Wasn’t he funding covert political events in India? KR ANSWER: I do not know to what extent he was funding operations in India. Greenpeace was cut off for that activity. Gates, through his Gates Philanthropy Partners, is soliciting money to […]

ASIA: A group of Indian government ministers advised Prime Minister Narendra Modi to partially lift the lockdown imposed on March 25 for 21 days to sustain the livelihood of millions who have little to eat and to control the unemployment rate in the nation which has climbed to more than 20%. The panel has recommended […]

QUESTION #1: Dear Martin, Could you offer a comment on how these increases in deaths can affect the latest predictions that you and Socrates offered? Will we still have the sling effect? Even with reduced liquidity, with millions unemployed, with the economy in a state of war, is the Dow Jones able to react and […]

  We are living not just in interesting times, we are living in UNPRECEDENTED TIMES, which has raised the stakes profoundly toward civil war. You have to wonder if someone like Bill Gates is really stupid with respect to economics, or is he deliberately trying to further the same agenda he supported for Climate Change […]

ASIA: A slow increase in output and new business, coupled with a steep decline in exports following the global coronavirus pandemic, pulled down India’s manufacturing activity to a four-month low in March, a private survey showed on Thursday. The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) declined to 51.8 in March from 54.5 in […]