QUESTION: Hi Marty! I would like to have your thinking about one important thing: the exit of this mess. I was in the last two WEC with my friend Mark and enjoy them a lot and we will be on the next one for sure.The two months that follow the last one in November 2016, I […]

COMMENT #1:  Regarding your post Currency vs Language, I wanted to add that in NY I have an abundance of IT co-workers that are H1-B visas holders working as consultants from India. They are extremely nice and I’ve enjoyed learning about their culture. As I’ve stated before, these consults overwhelmingly supported Hillary Clinton. Some of […]

A healthy bounce for the Nikkei ahead of the weekend closing up +0.8% but we only saw a small reversal in the Yen. The currency needs to move at the same time but in opposite directions in order to maximize trend. JPY was last seen this evening at 114.50, almost unchanged for the cash close. […]

It was not a pretty site for most stock markets today with much of the mainstream media blaming Trump. The first press conference will probably be remembered for the resulting stock market volatility. As Asia opened the mood was heavy but having watched futures markets take much of the immediate repercussions cash tended to take […]

Although the Asian cash markets were reasonably strong today we did see a slight wobble in the Shanghai index. Japan cash closed +0.35% and Hang Seng even better at +0.85% but China’s main index closed down -0.8% all in relatively low volume day. However, this was ahead Trump’s first major press conference. Most of the […]

QUESTION: Dear Mr. Armstrong: I have been to the Orlando conference and probably read every single one of your blogs since about a year ago and now wanted to ask you about Bitcoin and/or other alternative currencies. If I am not mistaken, this topic is not something that you have really touched upon. Recent spike in […]

QUESTION: I wonder if you might clear something up regarding the fabled corporate cash hoard parked overseas? Must this be held in non-USD form thus taking an FX risk,albeit presumably hedged? I gather any USD parked in a foreign bank is immediately transferred to a US bank, likely in NYC — would this be regarded as repatriation? I […]

The Dow made a new high on Friday, but we failed to closed above the 2016 high. We still see the next major resistance level in the 21000-23000 area. A Phase Transition is only likely exceeding that level. Gold has bounced but the resistance stands at 1197 level with support at 1130 zone. The lowest […]

QUESTION: Marty; Did you see Larry Summer’s comments on Trump. Is this guy completely insane? He says Trump is proposing things off the planet. Wasn’t it Summers who came up with the negative interest rates and supported repealing Glass Steagal? ANSWER: Larry Summers is a classic example of how a PHD means absolutely nothing compared to real life […]

The rally in bitcoin has come out of China, which has accounted for 98% of bitcoin trading in the past six months. China is also home to about two-thirds of the world’s bitcoin mining power. The Phase Transition spike in bitcoin is very alarming, for it flies right in the face of government attempts to […]