https://youtu.be/7wJ_BTOLxxo?t=324 [Jan 24, 2020]
Interviewer: are you suggesting that the markets gonna go lower here over the next month, two months, three months,
but you want to buy that dip?
Marty:
yes I mean it's I mean the
market would have to go below 19,000 in order to actually say you've got a bear market so it's... that's pretty far away we don't expect an actual change in long-term trend.
https://www.youtube.com/watch?v=pWYvPzoX7Kw&feature=youtu.be&t=1666"When does hyperinflation take place.
Only when people lose confidence in the government. We're not at that stage yet. That will come when you start seeing you know muni's collaposing, you know Europe breaks apart, relinquishing their debt, defaulting, now you start saying: wait a minute: I don't trust government."
LOL, Armstrong has been beating the drums about a collapse in trust in goverments since at least 2013; and especially after his ECM turning point of 2015. Now he says it didn't take place yet. At least 5 years too early Marty, oopsie!
Rest of the interview is a lot of kicking at open doors (people are going to protest the lockdowns) and vague preditions (especially on the Dow - "Short term it probably bottomed" - what an amazing prediction?).
Also he's downplaying the Coronavirus again, which could actually be manmade, and therefore is so agressive. Marty himself doesn't sound healthy at all during the interview by the way, a lot of moments where he's clearing his throat etc. I don't think he would survive a infection from the Coronavirus. The downplaying of the virus by Armstrong could not only be dangerous financially, but also healthwise.