War Cycle
QUESTION: Mr. Armstrong; It is obvious that so many people try to copy your work and pretend it is their original work. The Cycle of War is a classic example. No matter how much they fudge everything, your models work to the day and that is just mind blowing. Nobody has been able to duplicate your work no matter how much they try to take everything you do and turn it into some scam.
Do you think this will be World War III since Russia entered the Middle East right on the day of your model?
Best regards;
HK
ANSWER: We are preparing the new update of the War Cycle. This will be provided to those attending the World Economic Conferences. This report goes into a lot of detail with the focus on the Middle East and the result of the entry of Russia into Syria the very day of the model. This is correlated with the Economic Confidence Model (ECM) and the prospects of the future are rather shocking. Whenever something responds to the very day of the ECM model, it warns that this will be the focus. This will be made available to the general public at $75 since it is very important to understand from a sociological perspective. We will post a link when it is ready for delivery.
Market Talk – October 9th, 2015
We saw some solid gains in Asian Equities ranging from +0.5% (Hang Seng – highest close since the summer) up to the impressive 1.5% from the Nikkei. Generally, confidence in Asia is creeping back-in but dealers are saying that is only as long as the Shanghai Index remains above the psychological 3k level (closed today at 3,183 (+1.3%)), then investors and the authorities are happy. European Equities continued yesterdays pursuit and the talk today around London is the speculation of the developing issues in the US (concerns over the debt ceiling given the leadership vacuum). We have a few days yet before it will be front page news but it is an easy sell of the, “Just in case trade”, especially as we are in the final quarter for 2015. US stocks had a rather dull Friday having traded in and out of the black all day but finally closing marginally higher.
The DAX was the best performer in Europe eventually closing +1.2% on the day. The CAC and FTSE really did not know which direction to follow and so – after playing around unchanged all day – both eventually closed small positive.
Metals had another good day with Gold rallying over $11 closing at $1155, whilst Silver returned +0.45% and the star performer today was Copper +3.5% and Platinum +2.8%.
The US Bond market had a relatively weak morning session but recouped all of that and more in thin afternoon trading. Initially, we saw weakness pushing 10’s out to 2.13% but late buying brought that back eventually closing at 2.085% on the day -1bp. The US curve finished flatter by 1.5bp at +144.5bp. The European markets tended to drift a little today resulting in the TY/RX 10yr spread closing at +147.5bp. This recovered a little of yesterdays 4bp widening but this is a spread that could get volatile given both markets are focusing on very different issues presently.
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