Market Talk – May 16, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 534.53 points or 1.39% to 38,920.26 Shanghai increased 2.50 points or 0.08% to 3,122.40 Hang [...]
World Trade Collapsing On Schedule
The World Trade Organization (WTO) has warned that there is a “dramatic slowing of trade growth” unfolding. The WTO has revised downward its projections, saying trade is now on track this year to grow at the slowest pace since 2009.
The hunt for taxes is destroying the world economy and on January 1, 2017, all governments will begin sharing info on foreigners. The assumption is that anyone doing anything outside the USA is hiding money from taxes. With this attitude, world trade will continue to collapse into 2020.
Latest Posts
Dow Passes Record-Breaking 40,000 Midday – Jan 2020 Forecast Comes to Fruition
The Dow surpassed 40,000 during midday trading for the very first time this Thursday. In a January 2020 interview with Andrew McCreath from BNN Bloomberg I explained that the Dow [...]
Will Biden Debate Trump?
The WORLD would love to see Donald Trump and Joe Biden square off in a debate. The American people deserve a fair debate and it is absolutely preposterous that the [...]
Powell Pessimistic After Q1
Powell reiterated this week that he does not see any short-term need to lower interest rates. The Fed remains delicate in its speech to the public. They knew that inflation [...]
