Another very funny thing: Armstrong keeps on saying how foreigners are endlessly binch buying US equities, and that keeps the Dow up. Why the hell do the numbers say something totally different?? 
Someone please explain Armstrong's "logic"...
Quote
However, for yet another month, the real action was away from the bond market, and in US stocks, where TIC data showed that foreigners sold US stocks for a record 11th consecutive month and 13 of the past 14:
The aggregate $207 billion sale in the past 12 months, is the largest liquidation of US equities by foreigners on record.
https://www.zerohedge.com/news/2019-05-15/foreigners-dump-record-265-billion-us-stocks-past-year
The aggregate $207 billion sale in the past 12 months, is the largest liquidation of US equities by foreigners on record.
https://www.zerohedge.com/news/2019-05-15/foreigners-dump-record-265-billion-us-stocks-past-year
Someone please explain Armstrong's "logic"...