Asia managed a mixed session torn between the falling oil price and the Dow’s rally. Europe was very sure what should happen when oil was hit again this morning. WTI and Brent fell another 1.5% on the back of an earlier report from the IEA (International Energy Agency) and they are forecasting a slack in 2016 based […]

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 […]

The central banks are simply trapped. They have bought in bonds under the theory that this will stimulate the economy by injecting cash. But there are several problems with this entire concept. This is an elitist view to say the least for the money injected does not stimulate the economy for it never reaches the […]

COMMENT: Armstrong-san, in Japan there is a belief that the Japanese government instigated your case because you warned that the Postal Savings fund would require government funds to bail it out because they lost the people’s money trying to support the market. You also said the economy would decline for 26 years. Many viewed that […]

The expedited meeting at the Fed unnerved many. While no economic policy change should be expected before the December 15-16 meeting, the Fed is clearly not in the camp of negative interest rates. They are looking to raise rates to aid pension funds and you cannot lower rates to “stimulate” the economy (although that never […]

The IMF and many economists (domestic and foreign) are now warning that a rate hike by the U.S. Federal Reserve, no matter when, will spark a major economic crisis in the emerging markets. They see this crisis being ripe for countries with high budget deficits, such as Turkey, as well as commodity-based economies. This includes […]

QUESTION: Don’t you think it is wrong that the private banks own the institution that administers them. ANSWER: You have to understand the original intent of the Federal Reserve. It was originally a bailout entity for banks, so the banks had to fund it. That made sense initially, but with time and circumstance, the Fed has […]

The Federal Reserve is not owned by foreign banks, the Queen of England, the Rothschilds, or whomever. The shareholders are American banks. However, the Fed does pay 6% dividends to the private banks that own the shares. The Political Research Associates is a far more reliable source than the people who use bogus books with an agenda. […]

QUESTION: You say that long-term manipulations are impossible while short-term manipulations have been the focus of the bankers. Do you mean to say that not even governments can manipulate the economy perpetually? Are central banks buying US equities to manipulate the US stock market higher? It would seem that the Fed would then be accused […]

The ECB does not reveal in detail its QE and most people have no idea that its asset-backed securities (ABS) and covered-bond purchases are actually carried out by private asset managers: ING Investment Management, Deutsche Asset & Wealth Management International, State Street Global Advisors, and Amundi. These asset managers intervene into markets on orders by the […]