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Month: July 2016

Governments Keep Their Fingers Crossed

We must face the fact that we are in a slowing global economy and governments simply have their fingers crossed in hopes this nightmare just corrects itself. There...

Banks Trying to Figure Out What Lies Ahead

The big US banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Morgan Stanley — have large operations employing tens of thousands of people...

Friends, Americans, World Citizens, lend me your ears

  (Adaptation of Marc Antony’s speech upon Caesar’s Death from Shakespeare)   Friends, Americans, World Citizens, lend me your ears; I come to...

Market Talk — July 6, 2016

Not a great session for Japan or the Hang Seng with both down around 1.5% a piece. Shanghai managed a better performance closing marginally higher having spent all...

Comey Called to Testify Before Congress Tomorrow – Let the Games Begin

FBI Director James Comey has been called before Congress to explain his recommendation tomorrow. After the Inspector General’s report and Comey’s...

Why Comey Would Not Present the Case against Hillary to a Grand Jury

QUESTION: Mr. Armstrong; Why did Comey not present this matter to the grand jury? Isn’t it the role of the grand jury to decide to indict or not? ANSWER:The...

Mainstream Media is Dying — Facebook Recognizes Trend

Mainstream media is dying. Their biased coverage of the election will go down in history. Facebook’s latest announcement demonstrates how the younger...

Capital Flows & the Shift to USA for Taxes

Since the publication of the Panama Papers, the assets of the wealthy from around the world have been flowing into United States at a sharply increased pace....

The End of Global Warming — the New Ice Age — Bundle Up!

I have received emails from people who claim global warming exists and I am in denial. To start, all of the studies that claim there is global warming...

Market Talk — July 5, 2016

Confidence remains the key in Asia and that is what we remain in search of this evening as we watch global equity markets depreciate. In Asia China was in better...