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Australia Lowers Rate to Historic Low of 1%

The Reserve Bank of Australia has cut the official cash rate for the second month in a row to 1%. As we head into the turning point of the Economic Confidence Model come January 2020, the unemployment rate increased to 5.2% in April. GDP growth remains very low at 0.4%, wage growth is sluggish, inflation […] read more

Market Talk – July 2, 2019

ASIA / AUSTRALIA: The government of China has told Hong Kong the actions of the protesters who stormed and vandalized Hong Kong’s legislature was “totally intolerable.” Meanwhile, the UK has warned China that serious consequences will occur if it breaches an agreement guaranteeing freedoms in the city. Regarding the US-China trade deal, Peter Navarro, a […] read more

Market Talk – July 1, 2019

ASIA / AUSTRALIA: President Trump applauded Prime Minister Abe of Japan saying how excellent the G20 meeting was and mentioning that no mistakes were made. During the weekend he and President Xi met and have agreed to resume negotiations with no further tariffs applied – calling the progress of the talks as “fairly advanced.” This […] read more

European Car Manufacturers Heading into a Crisis?

The Global Warming conspiracy is going to seriously harm the European economy. The political intolerance for the combustion engine has German engine suppliers in a crisis. It appears that there is certainly no more money being invested in any technology to do with the combustion engine. That also means that the unemployment in that industry […] read more

Were Traders Forged in the Pits of Old?

QUESTION: Mr Armstrong, love your blog, as with all your readers its opened my eyes to new ideas and ways of looking at the world. I’m a recent computer science graduate who’s very interested in finance and trading so I read your blog every day and have a subscription to Socrates. I read a post […] read more

Solving the Homeless Problem

QUESTION: Hi, Enjoy your blog. Can you explain the cause of homelessness in the US and what should be the cure? Thank you Brian ANSWER: Many of the homeless are not exactly social. Every time I drove into Philadelphia, I always saw the same man on the street with a sign saying he was homeless. […] read more

Market Talk – June 28, 2019

ASIA / AUSTRALIA: The G20 is set up to be interesting, as the US negotiators describe Chinese officials tone as negative. Tomorrow, the two heads of states are due to meet. President Trump was a bit more optimistic stating, “At a minimum, it will be productive,” referring to his meeting tomorrow with Chinese President Xi. […] read more

Market Talk – June 27, 2019

ASIA / AUSTRALIA: Tomorrow,  the G20 meeting will commence in Osaka, Japan. Chinese President Xi Jinping has met Japanese Prime Minister Shinzo Abe prior to the meeting in order to try and build a relationship going forward. Meanwhile, the U.S. and China have reportedly agreed to delay any tariffs until the two sides meet at […] read more

Cultural Differences in the United States

QUESTION: Hi Martin, I have been reading your blog for about 5yrs now. Do you think that the Alabama “anti-abortion” bill could be one of the fundamentals hurling the USA towards the massive civil unrest that is Socrates model is predicting? The Alabama bill passing seems similar to events leading up to the US Civil […] read more

Is Facial Recognition Destroying our Right to Privacy?

The recent Financial Times investigation revealed that Microsoft had collected discreetly a facial recognition database of some 10 million images of some 100,000 people. They apparently used it for facial recognition software. When the FT began investigating, Microsoft discretely deleted the database. The public dataset, called ‘MS Celeb,’ included images of ‘celebrities’ pulled from the […] read more