The New York Stock Exchange will close its trading floors and go fully electronic. New York Governor Andrew Cuomo mandated that non-essential businesses have no more than half their workforce in the office. Without floor brokers, there is a risk that volatility will rise further. This may result in market-makers withdrawing.

ASIA: India closed the Taj Mahal, one of the world’s premier tourist destinations, to counter the COVID-19 virus outbreak in the country. India has so far managed to keep cases low by responding fast and aggressively to the coronavirus and urging people to practice social distancing. India has reported 125 cases of the coronavirus. India […]

  This is a video of select moments from the Event 201 pandemic tabletop exercise hosted by the Johns Hopkins Center for Health Security in partnership with the World Economic Forum and the Bill and Melinda Gates Foundation back on October 18, 2019, in New York, NY. What this illustrates is how these people think […]

QUESTION: Marty, you are absolutely a Godsend. Nobody updates during the day of a panic but you. While everyone thinks the increase in the repo and cutting rates would save the market, you play these down as failed attempts. What is your take on this right now? Your loyal follower for life. HP   ANSWER: […]

ASIA: Chinese Foreign Ministry spokesman Zhao Lijian said that the US military could have been to blame for bringing the virus to Wuhan. The comment was said in more of a retaliatory context after the US accused China of being slow to react to containing the virus. China bounced back, asking the US to reveal […]

ASIA: India’s Supreme Court has overturned India’s central bank’s decision that restricted banking access for virtual currency trading. Following this decision, cryptocurrency companies are expected to revive plans to invest and expand their business in India. India’s service sector activity gathered momentum in February driven by a quicker expansion in new work orders that supported […]

I previously reported that the Ukrainian prosecutor who Biden demanded be fired, filed a suit against Biden’s improper use of power that cost him his job in Ukraine. Now, a Ukrainian court has ordered an investigation into whether Joe Biden violated any laws when he forced the March 2016 firing of the country’s chief prosecutor. […]

ASIA: India has reported three more cases of coronavirus taking the total number of people who have tested positive in the country to six. An Italian national was tested positive for coronavirus in the western Indian state of Rajasthan. The other two cases were detected in the national capital New Delhi and the other in […]

QUESTION: Mr Armstrong, I am not familiar with the us constitution. For many, trump has been an is the guiding light out of the monumental corruption which is destroying America. Is there any precedent that a President could be voted to serve a third term without allowing the obvious corruption used by future Presidents? Regards […]

QUESTION #1: Hi Mr. Armstrong, Might the current correction be the set up for the long awaited slingshot move? Regards, BE COMMENT #1: I just wanted to say thank you. I sold out on the ECM and bought puts on the market. You just paid off my mortgage. God bless you! HJ COMMENT #2: Marty, […]