QUESTION: Thank you Mr. Armstrong for opening my eyes. I now realize why you have been able to do what you do. It is experience not theory. You have learned from doing rather them contemplating how the world should work. My question is, do you ever stop learning? I now begin to see how some […]

Panic of 1907 The Panic of 1907 came after the 1906 San Francisco Earthquake and that exposed the entire problem of regional internal capital flows within the United States caused by the business cycle and the great variety of localized economies. Indeed, such a period of a temporary shortage burst forth during the Panic of 1907 and […]

QUESTION: Hello Martin. Recently you stated “The entire central banking system is in serious trouble. They have manipulated rates lower but fear what happens when the economic pressure forces as rise.” In your opinion do any “free markets” exist or is the “black market” the only true free market left? And if all “markets” are manipulated how can there […]

The Federal Reserve’s balance sheet expanded to a record $4 trillion in the week ended December 18th. The Fed balance sheet has expanded thanks to QE  buying $85 billion a month in Treasurys and mortgage related assets since last January. The Fed’s balance sheet has expanded from $891 billion in 2007 without creating inflation. This is […]

The Global Market Watch has been posted for the close of December 20th, 2013. https://www.armstrongeconomics.com/market-watch/

The Dow made new highs and achieved the high closing yesterday and this has set the stage for a rally that could extend into Monday/Tuesday next week. A closing above 1611225 today will signal that some further upside is likely. Keep in mind that we are pressing against key resistance in the 16650 area. The […]

A reader from Puerto Rico writes: “Teachers took over the PR Capitol to demonstrate against the move of the government to reform their pension funds.  Puerto Rico is a preview of whats coming.  Thanks for all your work!!” Indeed, you have to find this story way down in New Zealand. So much of this pension […]

QUESTION: Mr. Armstrong; I believe reading between the lines, you discovered something incredibly important yet everyone looks at you in the wrong way as if this is all some theory you began with in the traditional manner. Things like random walk are theories to justify someone who could not discover anything so they created a […]

The Global Market Watch has been posted for the close of December 19th, 2013. https://www.armstrongeconomics.com/market-watch/

Telephone Conversation December 19th, 2013 – 28 minutes total