Martin Armstrong: Throw Out the Fundamentals – Negative Rates Could Push the Dow Up to 40,000

by FS Staff
Financial Sense

Martin Armstrong at is not a perma-bear or a perma-bull. If you had to put the well-known financial forecaster and creator of the pi-based Economic Confidence Model in a box, you might say he’s a “cycles guy” with a profound appreciation for history and historical rhythms.

In his most recent interview with Financial Sense, Armstrong covered a lot of ground, projecting a Trump win over Hillary, an eventual collapse of the euro, global monetary reform between 2018-2020, and, perhaps the most controversial, a “phase transition” in the stock market (like going from liquid to gas) as global capital escapes low or negatively yielding government bonds for corporate debt and equity.

Continue Reading at…