Market Talk – April 29, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 closed • Shanghai decreased 1.76 points or -0.05% to 3,286.65 • Hang Seng increased 36.15 points [...]
European State of the Union Through the Eyes of a 23-Year-Old
I happened to have a conversation with someone from Portugal who was neither a trader nor an investor, just an observant 23-year-old. When I asked for her take on the state of affairs in Europe, she candidly replied:
“Yes, there are groups of people who expect civil war. Actually, the situation in Europe at this moment is a big mess. Those in the Baltic countries are afraid of Russians, others are in a big panic because of ISIS, and the other third are upset about EU not to mention a mess with refuges and etc… In general, war industry brings amazing profit. So it is a question of time when history will repeat once again, as you say.”
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The New Federal Reserve HQ
The Federal Reserve is nearly done completing its revamp of its Washington, DC, headquarters with a price tag of $2.5 billion. The luxurious facility has come under intense scrutiny as [...]
Germany Seeks Loophole to Increase EU Funding to Ukraine
German Finance Minister Jörg Kukies is urging the European Union to force nations to drastically increase aid to Ukraine under an emergency clause. This emergency clause acts as a loophole [...]
