Market Talk – April 17, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 509.40 points or -1.32% to 37,961.80 Shanghai increased 64.31 points or 2.14% to 3,071.38 Hang [...]
Moody’s Lowers Credit Rating of China to Negative from Stable
Moody’s lowered its outlook on China’s credit rating stable to negative. We have been warning that our models on China indicate that the bottom in the economy does not appear likely until 2020. This should be a 13-year contraction. So far, that forecast appears to be on target.
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Florida is NOT California – Act Accordingly
In Florida, we drag these people out of the road and arrest them. pic.twitter.com/XU6ZUUf9xX — Bryan Griffin (@BryanDGriffin) April 15, 2024 Please reside in a state that stands with your [...]
Lower-Income Americans and Republicans Least Likely to Switch to EVs
I explained how the private sector does not wish to switch to EVs amid high production costs and low demand. A recent Gallup Poll found that Americans do not want [...]
The Truth About Fake News
The Economist’s editor-in-chief, Zanny Minton Beddoes, wrote that global warming would damage a tenth of the world’s residential property by value. They reported that this includes “many houses that are [...]
