Martin Armstrong
Martin Armstrong is a controversial market analyst who correctly predicted the 1987 crash, the top of the Japanese market, and many other market events … more or less to the day.
Many market timers think that Armstrong is one of the very best. Armstrong credits a computer program he created (which he calls “Socrates”) for the accuracy of his forecasting.
In what amounts to an 11th hour "gift" by the outgoing Obama administration to Tehran's leadership to keep the country, which on Sunday was involved in yet another shooting incident with a US destroyer, content and compliant with Obama's landmark "Nuclear deal", the AP reported that Iran is to receive a huge shipment of natural uranium from Russia to compensate it for exporting tons of reactor coolant. The move was approved by the outgoing U.S. administration and other governments "seeking to keep Tehran committed to a landmark nuclear pact."
Via The Daily Bell
NATO seeks to break up Russia into small client states … Scores of people have staged a protest in a northern German port city against the deployment and transport of NATO troops and weapons through the city. The protesters marched through the city of Bremerhaven, holding signs and banners that read, “No NATO deployment! End the militaristic march against Russia!” and “Out of NATO.” -Press TV
Having already traded heavy much of the Monday despite pressure on the dollar index which is trading near session lows, oil took out session lows moments ago on what appear to be three most recent catalysts.
First, Kuwait's oil minister shook some of the market's conviction that the Vienna OPEC oil production cut is being adhered to, when we said that the announced cuts so far make up just 60-70% of the total decrease pledged by OPEC and other major producers.
While various other carmakers, such as GM, Ford, Fiat and Toyota, have had their share of headaches in recent weeks worried if and when Trump will tweet about them next, the epicenter of all car scandals over the past two years remains Volkswagen, and sadly for the German carmaker things continue to get worse: according to the NYT, the FBI haed arrested a Volkswagen executive on charges of conspiracy to defraud the United States.