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

Posted by Martin Armstrong - Armstrong Economics

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martin-home-pageIn 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.

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