June 6, 2024 | Supreme Court Bombshell Decisions Due June 13th
The Supreme Court has 28 decisions still remaining, and there are a lot of really important cases that will shape history. The next opinion day will be June 13; this 2023-2024 term ends on June 28th. Buried within these 28 cases is the only one regarding deference to agencies known as the Chevron decision. […]
June 5, 2024 | The Economic Decline of Europe With Rising Interest Rates?
I have returned from a two-week tour of Europe covering the UK, Germany, and Italy. Europe is in dire straights. I have stay on the Via Veneto since my parents took me there back in 1964/65. It was the 5thy Abenues of Rome. The street was lined with sidewalk cafes out of probably 30, […]
June 4, 2024 | The Major Fractal Wave of the Economic Confidence Model & 2032.95
Here is the Economic Confidence Model at the very high end to all the questions about how high up the fractal structure can be defined. We are in the grand Public Wave overall that peaks in 2032.85. This is the equivalent of the wave that picked the Peak of Rome in 175 AD. So here, […]
June 3, 2024 | Do You Know How to Trade a Panic?
Knowing how to trade amid a panic is one of the most important skills a trader can master, and those who have done it correctly have profited in recent years. This is where the greatest amount of money is both won and lost. Few traders over the decades have really mastered this fine art. It […]
June 2, 2024 | World War III by 1st Week of September 2024?
Macron faces a serious collapse in confidence among the French and he too desperately needs to create war. He is pushing NATO to send in troops. They already have “advisers” there and Russia knows that the Brits are in Ukraine firing the missiles for Ukrainians are not competent. Likewise, Ukraine is incapable of sinking Russian […]
June 1, 2024 | The Impact of the Trump Verdict on our AI Computer – The Fall of the US in 8.6 years.
Juan Manuel Merchan is a Colombian-born American judge and former prosecutor. Most curious, he is NOT a formal judge, he is ONLY an acting justice of the New York State Supreme Court in New York County. How did a former prosecutor who is NOT a formal judge get assigned this case? This is not just […]
May 31, 2024 | Deflation v Inflation v Stagflation – Misconceptions Clarified
Some people have a very hard time understanding that we are in a massive deflationary spiral; they think that rising prices simply means it is inflation and not deflation. Then they mistake stagflation for deflation and wonder why people are spending more on less. They only see prices, not disposable income, and certainly not economic […]
May 30, 2024 | Trump Found Guilty in NYC – As Expected
Former President Donald Trump was found guilty of 34 felony counts of falsifying business records, as a jury of 12 unanimously returned their verdict on May 30 after two days of deliberation. With this result, President Trump becomes the first ever American president to be convicted of a crime. Of course, he will appeal a […]
May 29, 2024 | What Completes a Phase Transition?
What completes a phase transition? Simple — capital inflow to the United States. For example, when oil was in the $10 range in 1998, we forecast that oil would rise to $100 by 2007.15. In court, the Department of Energy wanted us to develop a model, but Alan Cohen of Goldman Sachs blocked that […]
May 28, 2024 | Commodities Trade Differently
All commodities, including gold, trade substantially differently than stocks or real estate. Pictured here is wheat back to 1200. Note that you see what appears to be a brain wave. Commodities trade differently because they are subject to nature. Manufactured items can be produced on a more regular basis. However, commodities are subject to weather, […]
May 27, 2024 | The Theory of Non-Linear Intervention
Economics is well known for rather unrealistic theories based upon fundamentally unsound principles, such as the assumption that all things remain equal. Reality parts with academics whenever such assumptions are drawn to a foregone conclusion. However, greater false assumptions, which go unnoticed, lie at the foundation of so many theories in economics – primarily the […]
May 26, 2024 | Honor Memorial Day – Thank you Veterans
We at Armstrong Economics honor the men and women who bravely served in the armed forces. We thank you for your service, upholding American freedoms, and sacrificing everything to provide everyone, even the ungrateful, with an opportunity to live in the Land of the Free and Home of the Brave. My father was with […]
May 23, 2024 | My Forecast from 10 Years Ago
In an interview on May 11, 2014, I explained on USAWatchdog that confidence always outweighs reality. “It’s basically what you believe. There have been all sorts of studies on fundamentals that say if interest rates go up, stocks go down. It is simply not true. The stock market has never peaked with interest rates twice in history. […]
May 21, 2024 | Klaus Schwab is NOT Leaving the WEF!!!!!!!!!!!!!!!!!!!!
Let me explain something. Klaus Schwab is NOT retiring, nor is he leaving the WEF. Because of all the toxic hatred hurled at Schwab personally, he has only stepped down from the executive position. That is no different from the Chairman of a Board, who is also the CEO, steps down from only the […]
May 20, 2024 | US Consumer Sentiment Reaches 6-Month Low
Consumer sentiment is continuing its decline amongst Americans. The University of Michigan’s survey monthly survey revealed sentiment fell to a six-month low of 67.4 in May, down from 77.2 in April. Inflation is the primary reason for the loss in confidence, followed by interest rates and geopolitical issues. Incoming data would lead one to […]
May 19, 2024 | Correlations Explained
It is crucial to understand correlations as EVERYTHING fluctuates! There is absolutely nothing that remains constant. You MUST understand that correlations are NOT one for one, and often show changes in advance of turns. It is a lot to keep track of but this is why I try to post a global view to help you see the […]
May 17, 2024 | Retail Sales Falling in the US – a Softer Tone
Retail sales in the US fell short of expectations this month, according to data compiled by the Commerce Department. Retail spending decreased 0.6% from April to March, undermining forecasts of a 0.4% decrease. Yet, Americans are spending MORE on the essentials such as groceries. How is this a shocking admittance to anyone? Even online sales […]
May 16, 2024 | The Dow Hits First Target 40,000 – What’s Next?
COMMENT: It is baffling why you are not on the front page of the WSJ, Barons, London FT, NY Times, and every financial newspaper claiming to be interested in markets. In the ’80s, when the Dow was 1,000, you forecast it would reach 6,000 by 1996. On the day of the 1987 low, you […]
May 15, 2024 | Assassination Attempt May be Because He Cut Aid to Ukraine
The Prime Minister of Slovakia, Robert Fico, has suffered an attempted assassination. The rumor is that the assailant was pro-Ukraine. Fico’s renewed leadership as prime minister began with his halting of military aid to Ukraine in January, and just last month, he pushed through plans to crap public broadcaster RTVS. Some have accused the […]
May 14, 2024 | Swiss Army Knife to Remove Blade – Worldwide Ban of Knives
Those shouting for the removal of the Second Amendment in America do not realize that violent crime is STILL on the rise in other nations. The difference is that they are using either knives, bombs, or illegally purchased firearms to carry out the crime. Banning gun ownership will not change human nature; in fact, […]
May 13, 2024 | Why The USA is Collapsing
Justice Brett M. Kavanaugh spoke at a judicial conference for the 5th U.S. Circuit Court of Appeals, which hears appeals from Texas, Louisiana, and Mississippi. Justice Kavanaugh said that unpopular rulings tend to become the fabric of constitutional law, pointing to the unpopular decision at the time in Brown v. Board of Education, which held […]
May 12, 2024 | China Dethroned as Germany’s Largest Trading Partner
The United States has surpassed China to become Germany’s largest trading partner. Trade between the US and Germany came in at $68 billion (63 billion euros) during Q1, compared to about 60 billion euros between China and Germany. If we look at these figures, they pale in comparison to the aid packages we are […]
May 11, 2024 | Why Does the Government Borrow Its Own Currency?
The problem with people’s attitudes toward the national debt is that everyone has forgotten why we borrowed in the first place. The theory was that if you borrowed rather than printed money, you were NOT increasing the existing money supply, and therefore, in theory, it would not be inflationary. However, the Democrats forgot […]
May 10, 2024 | Indefinite Weekend Driving Ban in Germany?
Germany is moving full speed ahead to reach their asinine climate targets. The citizens who are in essence the very carbon they wish to destroy must be punished for not sacrificing enough to uphold Angela Merkel’s Climate Protection Act. Transport Minister Volker Wissing is now threatening the German people with “an indefinite weekend driving ban.” “In […]
May 9, 2024 | Strategized Civil Unrest Staged Across the World
Protestors throughout the West are protesting on behalf of Palestine in a deliberate effort to destabilize national politics. Greta Thunberg, a girl with no knowledge of war or science, took part in a Swedish pro-Palestinian protest that attracted a group of up to 12,000. These events are clearly staged when they use a famous social […]