ASIA: There has been news suggesting that China wants to retaliate to the tariffs imposed by Trump, but their faltering economy and high debt burden does not allow them to do so. Today, China’s Ministry of Commerce, which is heavily involved in the country’s trade policy, said it would “take necessary counter measures to resolutely […]

COMMENT: You are quite correct Mr. Armstrong. Prime minister Boris Johnson spoke that “no deal” Brexit looks like a surety and the FTSE 100 skyrocketed and the pound took a beating against ALL mostly traded pairs. Indices (excepting for a few) are going to the moon!! J.F REPLY: There are actually suggestions in Brussels I […]

The entire feud between Britain and Brussels has been over the border in Ireland between north and south. Brussels fears that there will be a free-flow of goods which will circumvent their taxes. The election of Borris Johnson has created a giant nightmare for Brussels. Trump and Johnson will enter a free trade agreement. A […]

QUESTION: Mr. Armstrong is there any way we can not have inflation. If so how? If not what would you say 5% or more? S ANSWER: It all depends on your definition. The type of inflation coming is more STAGFLATION where prices rise due to cost-push (shortages) but there is a declining economic growth. The […]

ASIA: Chinese authorities are suspecting US company FedEx of holding back more than 100 packages that were destined to Chinese company Huawei, the state media reported today. The US government has agreed to pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16bn […]

California is the center of the far left which takes the position that even undocumented aliens can hold a position in government, they support sanctuary cities, and of course, they are the major movement in the New Green Deal initiative. Berkeley, California banned natural gas which is a clean fuel requiring homes to be powered […]

The French GAFA tax is an acronym for Google, Apple, Facebook and Amazon which the French government has just passed. They are imposing a 3% tax on all business in France. The US has promised retaliation. This is part of the entire problem the world faces with trade. A lot of people talk about trade […]

They are calling it an unexpected contraction in Singapore’s economy which is in line with our Economic Confidence Model which bottoms in January 2020. In addition, China’s exports have also declined by 1.3% during June. Gross domestic product in export-reliant Singapore declined by a shocking 3.4% in the second quarter from the previous three months. […]

We are facing a serious collapse in government that appears to be shaping up on the horizon beginning 2021/2022. Take the city of Chicago for example. The city is buried under a mountain of city employee pension debt and it’s impossible to see how their city could possibly survive. There will be a major financial […]

QUESTION: Your correlations about the weather have been very interesting. What I understand is that as the climate has shifted into solar minimum, the weather gets more volatile with colder winters and spike heat waves in summer that decline in duration. Then for some reason, this is also the same period when volcanoes become more […]