Palestinian Refugees Heading to America
To the surprise of none, President Joe Biden is considering allowing Palestinians to seek refuge in America. Technically, they could already come here; anyone and everyone could come here, as [...]
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.
Latest Posts
The UK Will Deport Migrants to Rwanda
Prime Minister Rishi Sunak finally has the power to bypass the European Union courts and tackle the UK’s migrant crisis. About 1,843 illegal immigrants crossed into the UK in 2019, [...]
US Home Prices Nearing All-Time Highs
Home prices in the US are near all-time highs. As I repeatedly stated, we can no longer look at real estate on the national level. Demand and value are contained [...]
Market Talk – May 2, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 37.98 points or -0.10% to 38,236.07 Shanghai closed Hang Seng increased 444.10 points or [...]
