That is NOT what Armstrong implied in some of his private blog posts.

Read the private blog titled "US Share Market - Breakout or Something Else?"

"The mere fact that we exceeded the 2018 high in 2019 raised the possibility of a cycle inversion increasing the risk of a correction next year." He then said it could be a "temporary high with a correction thereafter."

And in another blog post, he said "World leaders will continue to blame Trump's trade war for the economic decline into 2020. However, the ECM has been pointing down for the business cycle into January 2020 all along."

And in another blog post, he said "Socrates has been warning about that the world economy is taking a nose-dive into January 2020."

The contradictory nature of Socrates parallels the Socratic Problem. 

"In historical scholarship, the Socratic problem (or Socratic question)[1] concerns attempts at reconstructing a historical and philosophical image of Socrates based on the variable, and sometimes contradictory, nature of the existing sources on his life. Scholars rely upon the extant sources, such as those of contemporaries like Aristophanes or disciples of Socrates like Plato and Xenophon, for knowing anything about Socrates. However, these sources contain contradictory details of his life, words, and beliefs when taken together. This complicates the attempts at reconstructing the beliefs and philosophical views held by the historical Socrates. It is apparent to scholarship that this problem is now deemed a task seeming impossible to clarify and thus perhaps now classified as unsolvable."