Market Talk – November 26, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 338.14 points or -0.87% to 38,442.00 • Shanghai decreased 4.00 points or -0.12% to 3,259.76 [...]
COMMENT: Here in France, they are blaming this flood on global warming. It seems that anything to do with weather they point to global warming and want more regulation.
REPLY: While France’s rainfall levels in May were the highest since 1873, it was the 1910 flood that was the most devastating. Before automobiles, Paris was flooded and remained so for two months. I fail to understand how raising taxes and piling more regulation will stop rain. But, what do I know.