Merry Christmas to everybody all over the world.
Christmas is a reminder that historical past doesn’t transfer in straight strains. It strikes in cycles. Each civilization has confronted moments the place confidence was examined, establishments had been stretched past their limits, and the general public was instructed to belief techniques that had been clearly not working as meant. These moments all the time separate phantasm from actuality.
The Financial Confidence Mannequin has all the time proven that turning factors are inevitable. Declines don’t final endlessly, nor do booms. Christmas arrives no matter markets, wars, or political agendas. That alone ought to inform us one thing necessary about resilience.
I want you peace, readability, and the boldness to assume independently within the 12 months forward.
Merry Christmas!
— Martin Armstrong and the Armstrong Economics crew
