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Economics

Dow to 100K?

Donald Trump recently stated that the Dow could reach 100,000 by the end of his presidency, and the usual crowd immediately rushed to either cheer or ridicule the...

The Economy into 2028

QUESTION: Marty, January posted the largest January job loss numbers since the Great Recession of 108,435, which was a 118% increase from a year earlier. This seems...

Random Walk Theory is Impossible

The single most dangerous lie in modern economics is the Random Walk Theory. It’s taught in every major university to support government intervention and...

19 US States Raise Minimum Wage

The minimum wage increased significantly in 19 U.S. states on New Year’s Day. Minimum wages are often portrayed in the mainstream press as a straightforward way...

Why is Keynesian Economics Collapsing?

In his 1936 book, ‘The General Theory of Employment, Interest and Money,’ John Maynard Keynes argued that aggregate demand was too volatile to be stable and...

2025: The Year Confidence Shifted

The year 2025 was not defined by a single shock, but by a decisive break in confidence. Governments repositioned, as did central banks, but both have realized they...

Reality of Economics

  COMMENT: Marty, all I can say is WOW! I have a PhD in economics. You drop bombshells here and there that are so profound they are beyond everything ever...

Japan & the Future

QUESTION: Mr. Armstrong, I understand the previous Japanese government did to you with the letter asking to confirm $10 billion when it was $1 billion and they...

US Government Spending Soared 10,000% in Past Century

Government spending per person in the United States has soared nearly 10,000 percent over the last century, as reported by the Federalist. The number is staggering,...

US Retail Spending in October Revised Down

October retail sales were flat following a downwardly revised 0.1% rise in September, missing expectations yet again. This is precisely the type of number that gets...