Israel’s attack on Iran sparked the biggest jump in crude oil prices since Russia’s invasion of Ukraine more than three years ago. Stocks fell sharply. (Image credit: Brandon Bell)
Deconstruction is a growing approach to taking down homes that diverts waste from landfills, cuts carbon emissions and creates a circular economy for construction materials. (Image credit: Hart Van Denburg)
With the federalized National Guard deployed against the state’s wishes and the Marines on the way to L.A., there are growing concerns about the policing role of the military. (Image credit: Jae C. Hong)
Weinstein’s 2020 conviction on sex crimes in New York was overturned last year. In a new trial, jurors heard allegations from three women. (Image credit: Steven Hirsch)
The Pew report reveals how religious disaffiliation and population growth have influenced the global religious landscape. (Image credit: Amr Nabil)
Puerto Rico’s Dominican immigrant community is on edge following a series of immigration raids, which started in January. People have stopped going to work, sending kids to school, or attending medical appointments. What was once a lively barrio is now mostly quiet in the wake of the crackdown. (Image credit: Keren Carrión/NPR)
https://www.armstrongeconomics.com/wp-content/uploads/2020/06/1987-Larry.mp4 COMMENT: Marty, I have been with you since 1987. I have watched your Economic Confidence Model blow everyone out of the water, and your critics are just idiots who are either genuinely just stupid or they are paid by the “club” to try to prevent people from listening to you. Anyone who criticizes you is not trustworthy. The world should take notice of what you discovered. I saw your ECM predict the 1987 crash to the day. The Japanese Crash. The 1998 July 20th high in the markets. The 2002 low. There are so many events on the exact day that there can be no dispute that this is not your opinion, yet people try to ignore you, and others hate you. Now, May 15th was the exact day for the peach talks, and June 2nd was Russia’s Pearl Harbor. Everyone should send letters demanding that you get the Nobel Peace Prize for humanity’s sake. L REPLY: I understand what you are saying. Yes, I can see that a Nobel Prize might help focus attention on the reality of cycles. However, the Economic Confidence Model is something I bumped into, and I had assumed it would be an average. Never in my wildest imagination did I ever expect that such a model would work precisely to the day for countless geopolitical events, like 911, to the very day, and the same exact frequency picks the events here in May to June 2025. I just do not know. Do I deserve a Nobel Prize for something I myself cannot entirely explain that exists when all the conventional thinking says that it can’t be? I am working diligently on my next book, the Economic Confidence Model. Perhaps then let the world judge. How many coincidences does it take to prove there is a hidden order lurking behind the appearance of random chaos?
Mount Etna produced a spectacularly explosive eruption Monday, sending a ripple of reddish clouds down from the southeast summit of Europe’s highest active volcano. (Image credit: Giuseppe Distefano)
The attack was disclosed on the same day as Zelenskyy said Ukraine will send a delegation to Istanbul for a new round of direct peace talks with Russia on Monday. (Image credit: Markus Schreiber)
Hundreds of people were arrested in the celebrations, which were largely peaceful but degenerated into violence in some areas. (Image credit: Aurelien Morissard)
