QUESTION: I was told that none of the big bankers during the Great Depression went to jail either. Doesn’t the government understand that this is the very...
Normally, equity valuations reflect the present value of future cash flows that are primarily a function of current cash flows, growth expectations, and then the...
COMMENT: It is fascinating how your work has been so accurate on forecasting the business cycle, yet you are probably the most ignored by the mainstream media. The...
ASIA: President Trump tweeted today that China has let us (the U.S.) down by not purchasing American agricultural products as promised. This could impact the...
PRIVATE BLOG – Powell & Interest Rates Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...
Bank of Japan (BOJ) Governor Haruhiko Kuroda publicly stated that it may maintain ultra-low rates for a further period of well over a year. However, he also warned...
QUESTION: Mr. Armstrong; could you explain this whole Customs Union issue in BREXIT? Some see it as a great idea, others say it is surrendering sovereignty to...
Paris is adamant that the EU should not renegotiate the Brexit deal. The French want to punish the British at all costs, and that means at the expense of their own...
ASIA: Russia reported that China has announced plans to open six new free zones as an attempt to open up its economy (with external pressure to do so). China also...
QUESTION: you spoke about trump draining the swamp, how would you drain the swamp, we agree it needs draining? tg ANSWER: The first thing you have to do is...