Market Talk – April 18, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 117.90 points or 0.31% to 38,079.70 Shanghai increased 2.84 points or 0.09% to 3,074.22 Hang [...]
Britain to be Subordinate to European High Court Even After 2019
Prime Minister Teresa May has walked into a hornet’s nest. By trying to drag out BREXIT into 2021 or beyond, the European Parliament has responded that it is set to demand that Britain will have to still be subject to all EU regulations and be subordinate to the European Court. That means trading in London will be seriously harmed by the anti-short selling policies of the EU and the ban on selling government bonds short.
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Sanctions and the removal of Russia from SWIFT have not deterred the Russian economy. A recent report by the International Monetary Fund (IMF) predicts that Russia’s economy will grow more [...]
Why We Cannot Reach the Fed’s 2% Inflation Target
The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on [...]
Republicans v the Department of Energy and Environmental Protection Agency
The federal US government insists 60% of all new car production must be electric by 2030 – six years away. I have explained numerous times how this is unsustainable for [...]
