by Martin Armstrong, Armstrong Economics:

Russian Navy ships and submarines have suddenly left their base at Novorossiysk, in the Black Sea, en-masse. This is highly unusual and many fear that this is a change in tactics. The Western Press keeps trying to paint Russia as losing the war so, quite frankly, they can get more people to volunteer to join the military if they think they are on the winning side.  There is no question that the US and Russia are waging the most intense confrontation since the 1962 Cuban Missile Crisis. Our model on that confrontation aligned with our major war model showing that 2014 was the end of that period and the beginning of this new period as we head into World War III.