QUESTION: Mr, Armstrong; Why the push for lower interest rates again in developed markets? You have stated the QE has been a total failure. Are they incapable of doing anything else? KE ANSWER: We are switching from QE to a new reality of budget management. If interest rates rise on government bonds, the budget blows […]

Trump wrote on Twitter over the weekend that tariffs on $200 billion in Chinese goods could rise to 25%. He said that a 25% tariff will soon be assigned to a selection of $325 billion in presently untaxed goods. The tweet sent the Dow Jones Industrial Average down sharply while the yield on the 10-year […]

This year’s World Economic Conference was most interesting. We really had to put our thinking caps on because we have entered the Great Unknown where Keynesian Economics has crumbled to dust. We have to reassess the future and how this will unfold as the central banks are beside themselves in many countries and the contagion […]

QUESTION: Thank you for your great work. I have read this article where Kudlow says: White House economic adviser Larry Kudlow predicted that it is possible the Federal Reserve won’t hike interest rates again during his lifetime: My question is do you think he is right? And what will the consequence be if the interest rate […]

QUESTION: Hi Martin, You mentioned in a 2016 blog post that “We will probably see the end of this Social Security program by 2021.772 (October 9, 2021)”. Does this forecast still have a high probability of occurring? If so, won’t this be devastating to retirees, especially those with little or no retirement savings? My employer no […]

QUESTION: I have been following your blog for a number of years, public and private. I read the blog concerning “European Politics.” In it you state the capital flight will be a contagion. I understand what the influx of European capital will have on the DOW and S&P, but much less certain of the duration of […]

QUESTION: Martin, if Europe and Japan have destroyed their bond markets, would it be a good idea for them to get the government out of the bond market and have short term rates be floating in the free market?  The free market would probably help since they don’t know how to move rates correctly. RG ANSWER: […]

ASIA: The bank of Japan announced they plan on keeping interest rates low until the spring of 2020, as weaker global demand and Chinese-US relations were taking a toll on the export reliant economy. China today announced that a French warship had entered the Taiwanese strait earlier this month. In a surprising move by the […]

BoJ Statement 4-24-2019 The Great Financial Unknown is now upon us. After 10 years of Quantitative Easing, the European Central Bank (ECB) in Europe owns 40% of the national debts in the EU and it can neither sell them nor stop buying without creating a Panic in Interest Rates. Likewise, the Bank of Japan (BoJ) […]

OK. New York City can’t pay its bills and politicians think chasing Amazon out of town because they wanted a $3 billion tax break actually saved $3 billion when that was predicated on them paying some taxes, has now moved to ban hot dogs to save the environment? Mayor Bill de Blasio approved a complete insane $14 […]