Saturday, May 17, 2014

Martin Armstrong: Geopolitical Problems, Flight to Safety Will Drive U.S. Stock Market Higher

The always popular and controversial Martin Armstrong, creator of the widely cited Economic Confidence Model, gave some interesting predictions for the market along with his thoughts on Putin and Russia in a recent Financial Sense Newshour interview. Here are some excerpts:
FSN: Martin, you have a wide following with investors and host large conferences around the globe. What are you telling investors right now?
“Well, I think the best thing to do is clearly stay in the United States right now. Get out of any emerging markets because what you are going to have is: China is rattling its sabers against Japan and South East Asia; you have all kinds of turmoil in Eastern Europe; and I think you're going to probably see that start to pick up quite sharply after September. So you don't want to be involved in those types of assets. I would stay home clearly.”  (more)
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