QUESTION: Do you think AOC and her cohorts are using your ECM for their 12-year forecast? Add 12 years to 2020 and you come to 2032! PH ANSWER: You know, I never looked at that. Interesting perspective. We have a lot of problems, but climate change that is caused by humans is not on […]

  ASIA: Chinese economic data from last Friday showed that industrial company profits dropped 2% in August from a year ago. It reversed a 2.6% gain in the previous month, indicating growing pressure on the corporate sector as the economy slows further. President Xi of China paid his respects to the founder of the Communist […]

COMMENT: Every ISM has failed. Maybe we are seeing the twilight of Capitalism. China is a hybrid. Maybe that is why it will be the next world power. CM REPLY: People confuse capitalism with corruption. Capitalism is your freedom to choose. Corruption is when republics are available for sale to the highest bidder. Unfortunately, the […]

QUESTION: Hi Marty, Been reading your blog for six years now and the clarity you have brought regarding cycles and predictability of human behavior is remarkable. My question is regarding the 2020 election. You have said economics drives politics and not the other way around. With the anticipated significant decline in the US economy in […]

COMMENT: Chicago is at it again. The new mayor, Lorie Lightfoot, is proposing a sales tax for high end professional services such as accounting, legal and investment banking. Can you imagine how fast the business district will be vacant! VL REPLY: Chicago is rather doomed. The teachers wanted to put a tax on all trading […]

The New York Post reported that an American student who could not find a job with their degree was forced to simply leave the country. If I were Trump, I would run on forgiving student loans at least partially and lay the blame where it all belongs – on the Clintons and their deal with […]

QUESTION: Mr. Armstrong, Elizabeth Warren’s proposal seems to lack any comprehension of the economic impact. She has said: “To put our economy — and our families — on firmer ground, it is essential to reduce household debt both by raising people’s wages and by bringing down their costs. That is the heart of her economic […]

ASIA: China took more action to boost its economy by reducing the amount of cash banks have in reserve. The PBC said it would reduce the reserve requirement ratio for most financial institutions by 50 basis points. The first in the over eight months. The step is expected to release nearly a trillion yuan into […]

QUESTION: Mr. Armstrong; I did my own research on the 1998 Russian collapse. All the big names lost billions. Even the New York Times reported that George Soros lost $2 billion. You were the only one who made money so it made sense that you were named hedge fund manager of the year in 1998. […]

QUESTION: Hi Martin, I’ve been a big fan of your blogs for all these years. May I ask if you have any recommendation of books or your previous blogs that can help us re-understand better the most important topic that impacts us and that is the understanding of the Cycles in our lives? Thanks and regards, […]