Armstrong Economics

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 324.69 points or 0.52% to 62,742.57 • Shanghai decreased 10.532 points or -0.25% to 4,214.489 • Hang Seng decreased 58.93 points or -0.22% to 26,347....

QUESTION: Marty, I read on Zero Hedge that Trump was floating the idea of Venezuela becoming the 51st State. When you were here in Canada, you said the US would never let Alberta become the 51st State. Is this just more h...

April existing home sales in the U.S. came in at an annualized pace of just 4.02 million units, barely rising 0.2% from March and missing expectations yet again. We are now looking at one of the weakest spring housing seasons in decades, despite population growth and years of underbuilding.

Real estate has always been driven by confidence in the future. People ...

The calls coming out of Spain for a unified European army are not some isolated political fantasy. This is part of a much larger shift taking place behind the curtain as Europe quietly...

Canada’s unemployment rate has now climbed to 6.9%, the highest level in six months, after the economy unexpectedly lost 17,700 jobs in April while economists had projected gains instead. More importantly, the country has now lost approximat...