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Private Blog – Dow & January

P Private Blog – The Dow & a January...

The Dow Down & Dirty

COMMENT: OK Mr. Armstrong. Looks like the government was right. You come out and said the Dow reached a turning point and it crashes. You posted: “In the US...

It’s The Impeachment That Would Tank the Market

We have now reached the point where a pause in the uptrend of the US Share Markets comes into position. Republican Senator Lindsey Graham (R-SC) has been an...

Is Everyone Now Bullish in Stocks?

At last, we have entered the middle-ground of analytical thought. Between 2009 and 2017, the majority were bearish calling for the inevitable crash any day now. So...

British Pound – How High is High?

QUESTION: In your year-end report, you said the resistance in the pound for 2018 was at the 14500-14600 level throughout 2018. We stopped at the mid 14300 level. Is...

Mnuchen Calls for Weaker Dollar – Trump Stronger?

QUESTION: Mr. Armstrong; You have repeatedly said that the USA wants a lower dollar while Europe thinks a strong currency is better. You said the dollar would...

The Yield Curve

QUESTION: At the Institutional WEC session in 2016, you forecast that rates would rise but that the long-end would produce a positive yield for the next two years...

Do Commitment of Traders & Inventories Really Matter?

QUESTION: Do you think that the Commitment of Traders and reported inventories are relevant to gauge market performance? ANSWER: The oldest game in town is...

Central Bank Reserves – The Rise of the Yuan

QUESTION: Mr. Armstrong; I understand that your model shows that China will become the dominant economy post-2032. The IMF added the yuan to their SDR basket. Are...

Dollar Manipulation by China & Japan?

The two largest foreign holders of the US debt, China and Japan, reduced their holdings of US government bonds in November compared to October. While many are...