ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
November 19, 2025 | How Private Equity Has Ramped Up The Risk in Retirement Accounts
I recently wrote Private Credit Winter about the daisy chain of creative accounting and subterfuge in the private credit and private equity (PE) space, and how the tentacles spread through highly leveraged public markets and retirement accounts. The segments below elaborate further. This is what happens when we let salespeople set risk management rules. Apollo Global Management […]
November 19, 2025 | US Collecting Biometric Data for Canadian Visitors
Governments use national security as the premise for increased surveillance. Due to a law passed in April, Canadians visiting the US must submit biometric data in order to enter the US if they wish to stay longer than 29 days. Beginning next month, everyone will be forced to submit their data to the government. […]
November 18, 2025 | Inflation’s Hidden Impact: What Investors Need to Know Now
During the COVID-19 pandemic, inflation surged due to multiple factors. Governments worldwide shut down supply chains, drastically limiting the supply of goods. With fewer goods available and more buyers, prices rose. At the same time, massive government stimulus inflows, with the US alone distributing about $5 trillion, fueled demand further, accelerating inflation. Central banks also […]
November 18, 2025 | SNAP Overhaul – $9 Billion Monthly Program
One in ten Americans receives food stamp benefits through SNAP. Agriculture Secretary Brooke Rollins believes there needs to be an overhaul of the program to ensure only those in desperate need receive these benefits. The first step will be requiring recipients to reapply for benefits to ensure that those “taking a taxpayer-funded benefit through SNAP […]
November 18, 2025 | TM: Freight Data Screaming Recession
Boots (tires) on the ground… The freight industry has long been thought of the circulatory system of the economy. It’s how the things bought & sold through commerce get from point A to point B in the real world. Historically, when trucking freight loads diminish, it’s usually correlated with a weakening economy. And if it […]
November 17, 2025 | Can The World Afford To Retire?
Four decades of policies that boosted spending and steadily reduced tax rates by papering over deficits with asset bubbles are moving toward inevitable restructuring. Investment horizons and risk tolerance steadily shrink with age. But thanks to another spate of irrational exuberance, Boomers, now aged 61 to 79, face capital risk that has rarely been higher, […]
November 17, 2025 | Why New York City Needs a Public Bank
from ScheerPost We will build a city-owned bank — not to serve shareholders, but to serve you. A bank that invests in housing, in transit, in climate resilience. A bank that puts our money to work for our people.” — Zohran Mamdani, Victory Speech, Nov. 4, 2025 New York City has elected a mayor […]
November 17, 2025 | Incoming: Millions of Water Refugees from Iran
Tehran is at risk of becoming uninhabitable due to a severe drought that has led to a severe water shortage. The drought has been the catalyst to expose decades of government mismanagement that caused Iran’s water supply to run dry. Now, the government is prepared to issue a city-wide evacuation notice in Tehran if the […]
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 […]