ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
November 16, 2025 | New Book on Martin A. Armstrong – the Armstrong Economic Code
What if the economy wasn’t chaotic at all-but followed a hidden code? The Armstrong Economic Code reveals the powerful cyclical patterns discovered by legendary forecaster Martin A. Armstrong, whose Economic Confidence Model (ECM) has predicted every major boom, bust, and geopolitical shift for more than four decades. Compiled and expanded by Kerry Lutz, host of the […]
November 16, 2025 | ‘Affordability’ Will Be Trump’s Waterloo
The ‘affordability’ issue percolated to the top of the news last week, but in a peculiar way. On the right, the debate was not about whether things in general are becoming less affordable for most Americans, as they unmistakably are, but whether the left has blown the issue far out of proportion to create a […]
November 16, 2025 | Running Hot
In the last few years, we who remember the 1970’s inflation got to watch new generations learn how it feels. They haven’t enjoyed it, to say the least. I’d like to reassure them the worst is behind us. Unfortunately, I’m not sure it is. The inflation of my youth wasn’t just a few years in […]
November 15, 2025 | Trading Desk Notes for November 15, 2025
Too much leverage? A couple of weeks ago, I wrote that “too much leverage in the market’s Achilles heel.” Google AI defines Achilles heel as: “a metaphor for a fatal weakness or vulnerability in an otherwise strong person or thing.” I’ve traded futures and options for nearly fifty years. It’s a venue that offers exceptional opportunities for […]
November 15, 2025 | AI & The Great Displacement?
QUESTION: Mr. Armstrong, there are a lot of people who seem to take your track record and pretend that they have made calls on all sorts of things but lack the data or the computer to back up their claims. They then run some infomercial and go on an on before they tell you what […]
November 15, 2025 | Tech Talk for Saturday November 15th 2025
The Bottom Line This year, North American equity markets are not following their traditional pattern of seasonal strength from late October to the first week in January. The S&P 500 Index and the TSX Composite Index have remained in a relative tight trading range since the beginning of October. The equal weighted S&P 500 ETF […]
November 14, 2025 | Epstein Helped Democrats Create Russiagate
The Epstein files remake headlines whenever the government would like to distract the masses. The Democrats recently released new data from the Epstein case in which they prove that the Russian collusion claim was not only a hoax, but coordinated by Clinton officials who reached out to Jeffrey Epstein for blackmail assistance. “Do […]
November 14, 2025 | Quantum Computing: The “Next AI” For Investors?
Quantum computing is back in the spotlight this week, with earnings from pure‑play companies and new breakthroughs from IBM. But can it truly capture the same investment excitement as artificial intelligence, or will volatility and technical hurdles slow its rise? Artificial intelligence has dominated markets in recent years, moving rapidly from research labs into everyday […]
November 13, 2025 | Volatility Returns: Stocks Sink, Gold Firms, Bitcoin Wobbles
S&P 500 The S&P 500 closed sharply lower today, dropping 1.7% as technology shares led a broad selloff across the index. Major tech and AI-related stocks -including Tesla (-6.6%), Robinhood Markets (-8.6%), and Coinbase (-6.9%) – were among the worst performers. Meanwhile, some defensive and materials names such as Cisco Systems (+4.6%) and NIKE (+2.9%) […]
November 13, 2025 | Plastic Recycling is a Scam. We Need To Fix That,
Solving plastic pollution is near the top of today’s to-do list. Have We Finally Solved The Plastic Problem? What if every piece of plastic waste, like bottles, bags, even clothes, could be rebuilt from scratch, no sorting required? Not just melted and reshaped, but broken down to pure chemical building blocks and made new again. That’s […]
November 13, 2025 | China Limits America’s Ability to Purchase Rare Earth Minerals
Over 90% of rare earth global production occurs in China. The materials are needed for absolutely everything, namely the production of military equipment, which is why China has imposed new restrictions to prevent the United States from military expansion. China is preparing to implement a “validated end-user” (VEU) system to forbid any corporation with ties […]
November 12, 2025 | The Great Disconnect
US consumer sentiment tumbled in November to near the lowest level on record, as the government shutdown weighed on the economic outlook and financial strains soured views on personal finances. See, US Consumer Sentiment Declines to Near-Lowest on Record: The preliminary November sentiment index dropped 3.3 points to 50.3, just above a June 2022 reading of […]
November 12, 2025 | Recession Watch: Spooked For Good Reasons
A widely-followed consumer sentiment index just hit its second-worst level on record: Why are Americans so spooked? Perhaps it’s the prospect of being replaced by AI. So far in 2025, major layoff announcements include: Amazon: 14,000 job cuts UPS: 48,000 Intel: 20,000 Microsoft: 6,000 Target: 1,800 Meta: 600 (from its AI division!) Salesforce: 4,000 Or maybe […]
November 12, 2025 | The 50-Year Mortgage – YOU WILL OWN NOTHING
Between 15-year car loans and 50-year mortgages, the globalist world order of YOU WILL OWN NOTHING is closer to reality than the majority realizes. The premise of a 50-year loan is absolutely absurd. The average age for a first-time home buyer in the US is now 40. People will live in indefinite debt, settling for […]
November 11, 2025 | About That: Are Trump’s Global Tariffs Illegal?
Good overview of the legal issues in this segment. Has Congress given the U.S. president the power to impose sweeping tariffs through the International Emergency Economic Powers Act? The Supreme Court will make a decision in a ruling that could restrain the Trump administration’s primary economic and foreign policy tool. Andrew Chang breaks down the […]
November 11, 2025 | The Tariff “Dividend”
President Donald Trump has proposed a $2,000 tariff “dividend” to every American. Reminiscent of the stimulus checks provided during COVID-19, the payment comes at a time of low public confidence in government and government policy. Tariffs generated $151 billion between April and October, according to the Committee for a Responsible Federal Budget. Treasury Secretary […]
November 10, 2025 | No Bailout
Happy Monday Morning! The Carney government unveiled its highly anticipated fiscal bazooka. The deficit is pegged at $78.3 billion for this fiscal year, representing 2.5% of Canada’s GDP. That’s roughly in line with the median estimate in a Bloomberg survey of economists. The budget foresees an extra $167 billion in total budget deficits over the […]
November 10, 2025 | “Helping” People into Lifelong Debt
Mortgage rates are lower than they were a year ago, and home prices have fallen in many areas. Still, home affordability remains the worst in decades (US ratio below since 2009). The culprits are high prices and operating costs, which skyrocketed in the aftermath of the pandemic. The median US home price (402K in Q1 […]
November 9, 2025 | Knowns and Unknowns
Everywhere I go, people ask me what’s next for the economy. My answer depends on what they mean by “next.” Anything can happen next month. I’m much more confident about what we’ll see over the next 5-7-10 years: a painful debt crisis, a “Great Reset” and then a much brighter future as the economy normalizes […]
November 9, 2025 | If AI Is in a Bubble, It WILL Pop
[ My friend Doug Behnfield, a wealth manager and senior vice president at Morgan Stanley in Boulder, has contributed many commentaries to Rick’s Picks over the years. Below is the Q3 report he sent out to clients several weeks ago. Like many observers, he is troubled by the enormous concentration of investment capital in the AI space. Can the […]
November 9, 2025 | Health Prepping: A Future to be Avoided at All Costs
A few months ago, I put a pistol (Sig Sauer P320 for the gun people out there) on a bedside table to remind me to clean it. But I didn’t get to it right away. And then one day it was gone. After a frantic hour spent checking every possible part of the floor and […]
November 9, 2025 | American Household Debt Reaches $18.59 Trillion
American household debt has reached a new all-time high after rising by $197 billion in Q3 to $18.59 trillion. American consumers, the breadbasket of the national economy, are overleveraged. The economy is less likely to absorb shocks from trade disruptions or shifting interest rates. Two-thirds of US GDP is based on consumer spending. Trade […]
November 8, 2025 | Danielle on CBC Weekend Business Panel
Here is a direct video link.
November 8, 2025 | Trading Desk Notes for November 8, 2025
Quote of the week: “Hyperscaler cash flow can’t cover the AI capex arms race.” Mike Hartnett, Chief Investment Strategist, Bank of America The S&P and the NAZ gapped higher when markets opened on Sunday afternoon, October 26 (blue ellipse), and both indices reached new record highs on Monday through Thursday that week, but registered their lowest close […]
November 8, 2025 | Tech Talk for Saturday November 8th 2025
The Bottom Line U.S. equity indices recovered sharply in the second half of trading on Friday: That’s when Democrat members in the Senate offered a proposal to end the federal government shutdown. Prior to the news, price levels for U.S. and Canadian equity indices, related ETFs and individual equities extended losses for the week. The […]