QUESTION: Mr. Armstrong, Out of my utmost respect, you do stand-alone where all these analysts are calling for the collapse of debt and equity because of fiat currency. They may claim to have been there for the dot.com and 2008 bubbles, but you have been there for all of them. The blame they lay on […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 35.65 points or 0.13% to 27,284.52 Shanghai increased 23.05 points or 0.67% to 3,452.63 Hang Seng decreased 250.06 points or -1.02% to 24.329.49 ASX 200 increased 75.90 points or 1.07% to 7,186.70 Kospi increased 1.41 points or 0.05% to 2,746.47 […]

ASIA: Property prices in Singapore have climbed in the past two years, and will likely keep going up despite the government’s efforts to cool the market, CNBC reported. Private residential prices could rise between 1% to 3% in 2022, according to Leonard Tay, head of research at real estate agency Knight Frank Singapore. Prices of […]

ASIA: Japan’s economy likely rebounded in the final three months of 2021 as consumption rose during a drop off in COVID-19 cases, a Reuters poll showed, though it could slide back into contraction this quarter after a spike in Omicron variant infections. The world’s third-largest economy likely grew an annualized 5.8% in October-December, rebounding from […]

ASIA: India plans to buy 1 million tonnes of potash from Belarus in the first such bilateral deal between the two countries after sanctions crippled Minsk’s ability to sell the crop nutrient, Reuters reported. India has suggested that the state-run Belarus Potash Company (BPC) could open a rupee account with a state-run Indian bank for […]

ASIA: By 2030, China is forecast to become the world’s largest economy, for now it has just surpassed the EU. In a milestone moment, the economy of China surpassed the whole of the European Union (EU) for the first time. China’s GDP for 2021 expanded by 8.1 percent, according to figures released last month by […]

ASIA: Japan’s manufacturing activity grew at the fastest pace in nearly eight years in January on stronger output and new orders, while cost pressures stayed elevated as firms continued to face supply chain delays. The final au Jibun Bank Japan Manufacturing Purchasing Managers’ Index (PMI) in January rose to 55.4 on a seasonally adjusted basis, […]

Tax havens are in short supply. The United Arab Emirates (UAE) recently announced that it will implement a new federal corporate tax on business profits. Part of what attracted business to the UAE was its tax-free status and the move could hurt new money from migrating to the UAE. The new tax will go into […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 284.64 points or 1.07% to 27,001.98 Shanghai closed Hang Seng increased 252.18 points or 1.07% to 23,802.26 ASX 200 decreased 16.50 points or -0.24% to 6,971.60 Kospi closed SENSEX increased 813.94 points or 1.42% to 58,014.17 Nifty50 increased 237.90 points […]

ASIA: India’s economic momentum remained stable in December even as the first signs of slowing output growth appeared across some industries. Activity in India’s dominant services sector expanded for the fifth month, and manufacturing for the sixth, although growth in new work and production lost some momentum, according to IHS Markit. While the composite index slipped to 56.4 […]