The message
COMMENT: Mr. Armstrong ….. I do hope this article ‘sinks in’ and we finally will get an objective government also being replicated around the world!! Opa’91 Survivor of WWII in [...]
Failure of Abenomics
Abenomics (アベノミクス Abenomikusu) in Japan are the economic policies advocated by Shinzō Abe since the December 2012 general election, which elected Abe to his second term as Prime Minister of Japan. Abenomics is based upon “three arrows” of fiscal stimulus, monetary easing, and structural reforms. This has been a complete failure as the economy continues to implode. The Bank of Japan hinted possible proposals to take rates even further negative and the likelihood of banks passing these levels on to the general public.
The dollar rallied against the yen right on target for 43 months (8.6 / 2) and has declined for about 8.6 months from the high in June of 2015. It appears to be on target, and the latest suggestion of further negative rates being passed on by the banks will most likely cause a flight from the yen. This has also contributed to the Dow Jones Industrial Average rising and holding last year’s low distinct from the S&P 500 and NASDAQ.
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Market Talk – January 21, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 125.48 points or 0.32% to 39,027.98 • Shanghai decreased 1.75 points or -0.05% to 3,242.62 [...]
Canada Created its Own Trade Barriers
Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International [...]
US Population Rapidly Growing
The population of the United States grew by 1% to 340.1 million in 2024, according to the US Census Bureau, marking the largest population increase since 2000. The nation has [...]
