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The Clear & Present Danger of a Global Cooling not Warming

This year will be much colder for Europe than the last three. It will also be cold in the USA. We are in a global cooling period and all the data we have in our...

Private Blog – Dow & Dax

Private Blog – Dow &...

Interest Rates will Double

QUESTION: Mr. Armstrong; Thank you for an excellent conference. I have been attending since 2011. Each time you deliver a different conference and they are always...

Tax Reform & the Dow

Trump’s tax reform to cut the corporate income tax rate from 35% to 20% will be a huge boost for the economy and place tremendous pressure on the rest of the...

Sicily votes 81% against the EU Status Quo – It Begins!

The contagion from Catalonia is indeed spreading to Italy. The Democratic Party (PD) led by former Italian Prime Minister Matteo Renzi has suffered a severe defeat...

Market Talk – November 9th, 2017

Finally we saw a little profit-taking in the Nikkei today, after having touched 26 year highs in earlier trade. The sell-off was not so much but felt more after...

Turmoil in Middle East

We have a lot of turmoil going on in Saudi Arabia. There has been the arrest of various princes and people who have been allegedly squandering money. We have the...

Iran & War

Iran has a very rich history that lends itself to tremendous insight into the long-term future of the Middle East. It was Cyrus the Great who conquered Lydia which...

Quantity Theory of Money

COMMENT: Mr. Armstrong; This was my first WEC. Your presentation on the Quantity Theory of Money and how that is at the core of all our problems was a real...

Market Talk – November 8th, 2017

Although Asia closed with pretty much a mixed session, it really does not explain the mood or sentiment. Yes, the Nikkei closed lower on the day (-0.1%) but after...