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Market Talk – July 17, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 177.39 points or -0.43% to 41,097.69 Shanghai decreased 13.45 points or -0.45% to 2,962.85 Hang Seng increased 11.43 points or 0.06% to 17,739.41 ASX 200 increased 58.60 points or 0.73% to 8,057.90 KOSPI decreased 22.80 points or -0.80% to 2,843.29 […]

Market Talk – July 16, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 84.40 points or 0.20% to 41,275.08 Shanghai increased 2.29 points or 0.08% to 2,976.30 Hang Seng decreased 287.96 points or -1.60% to 17,727.98 ASX 200 decreased 18.30 points or -0.23% to 7,999.30 KOSPI increased 5.17 points or 0.18% to 2,866.09 […]

Moscow Calls on Pentagon to Ask NATO to Back Down

Russian Minister of Defense Andrey Belousov has attempted to reach out to US Defense Secretary Lloyd Austin once again to remind the Pentagon that NATO is backing Russia into a corner. NATO held a summit that concluded by providing Ukraine with an additional $43 billion in aid. The call between the two leaders of defense […]

Market Talk – July 15, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai increased 2.72 points or 0.09% to 2,974.01 Hang Seng decreased 277.44 points or -1.52% to 18,015.94 ASX 200 increased 58.30 points or 0.73% to 8,017.60 KOSPI increased 3.92 points or 0.14% to 2,860.92 SENSEX increased 145.52 points or 0.18% […]

China Prepares for War

China has begun using mock US fighter jets for target practice as revealed by new satellite images taken by Plant Labs. The images show F-35 and F-22 modeled aircrafts damaged on a test runway. This comes on the heels of NATO warning China to cease aiding Russia as a “decisive enabler.” The Chinese government fought […]

Cycle of Presidential Assassinations & Attempts

This photo will live in American History. The former President flinched onstage when he was shot, grabbed at his face, and dropped to the ground. Moments later, Trump was helped to his feet by Secret Service agents, and he delivered definitive proof that he survived this assassin. He raised his right fist toward the sky […]

Market Talk – July 12, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 1,033.34 points or -2.45% to 41,190.68 Shanghai increased 0.91 points or 0.03% to 2,971.30 Hang Seng increased 461.05 points or 2.59% to 18,293.38 ASX 200 increased 69.70 points or 0.88% to 7,959.30 KOSPI decreased 34.35 points or -1.19% to 2,857.00 […]

Physics vs Economics

QUESTION: Mr. Armstrong, I find it remarkable that your model has always been correct in predicting the economy’s direction. This latest US inflation number shows that it was subsiding, cooling down to the slowest pace since 2021, right in turn with your Economic Confidence Model. Treasuries rallied on expectations that the Fed might cut rates. It […]

Market Talk – July 11, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 251.82 points or 0.61% to 41,831.99 Shanghai decreased 20.01 points or -0.68% to 2,939.36 Hang Seng decreased 51.56 points or -0.29% to 17,471.67 ASX 200 decreased 12.90 points or -0.16% to 7,816.80 KOSPI increased 0.61 points or 0.02% to 2,867.99 […]

Trudeau Considers Additional Housing Tax

Inefficient politicians consistently cite additional taxation as the solution to their nation’s economic troubles. The housing crisis in Canada is has spread to every province. Instead of addressing availability, the disproportionate demand brought on by multiplying the nation with migrants, or any of the countless fiscal policies that have contributed to inflation, the Canadian government […]