Asia: Foundation Day is a day designed to mark the celebration of the founding of a nation. In the case of Japan, this is for the mythological foundation of Japan and the accession of its first Emperor Jimmu. For this occasion, the markets were closed in Japan. Therefore, we would like to extend our […]

  Asia: With most of Asia closed due to the Chinese New Year (many wishes again!), Japanese was subject to represent the region. The Nikkei 225, dropped 19bps today. German Chancellor Angela Merkel recent trip to Japan highlighted a concern with Huawei that data emanating from the EU must not be handed over to the […]

  Asia: Slightly subdued day in the Asia markets as the Nikkei was down -60bps but still well within the recently formed upwards channel, which started at the beginning of the month. On Sunday the BOJ meeting minutes were released, the minutes showed that the policy makers were disagreeing over the appropriate level of the […]

QUESTION: Hi Mr. Armstrong, Quick question for you, as someone who grew up in Quebec in the 90’s, when Quebec was voting to separate. And now living in Alberta, and seeing the sheer anger here towards Canada, is there a legitimate chance Alberta moves towards the path of separation and actually brings it to a vote? […]

QUESTION: Mr. Armstrong; Your take on the midterm elections is that the Democrats really failed and simply won a symbolic victory? Thank you IE ANSWER: Yes. The Democrats keep making lower highs and deeper lows. They do not review the major trend nor are they willing to revise their central theme.  While the Democrats won the majority […]

QUESTION: Martin, I know things are dark, but you are becoming down right gloomy. If the world is falling apart in Austrialia, Europe, Japan and ultimately the USA, there must be somewhere, or somewheres, the computer says things will be great in, or get better in. Where to go now? China right now, no thank you. […]

The new Trade Agreement between Mexico and Canada (USMCA) and the United States over which Trump has been so criticized for was obviously necessary from a number of perspectives. The new USMCA is drafted as a new stand-alone trade agreement, rather than amendments to NAFTA. It includes transition provisions dealing with NAFTA, some modifications to those […]

COMMENT: Mr. Armstrong; The chart you posted on the Venezuela share market really made me see what you have been saying. Collapse the confidence in government and capital flees to the private sector. This is never taught in school! You have to write a book for posterity. Please! RW REPLY: The Venezuelan share market has soared […]

While in the US some people have discovered that running a YouTube Channel can get you in trouble with the law. One many found himself in Georgia with being charged with running a business without a license even though he was not selling anything just offering his opinion. Of course, there are two licensing options […]

QUESTION: Do you support the unilateral withdrawal of the US from the Iran deal? ANSWER: Iran has no intention of actually conforming with that agreement. But that is really a side issue. There is a significant displeasure with the religious government in Iran among its own people. No nation is ever 100% left or right. There […]