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 [...]
Middle East Heating Up
An attack on a Mosque in Egypt has left 235 dead. The assault even opened fired on ambulances taking the wounded to the hospital. Meanwhile, the war of words between Saudi Arabia and Iran are heating up. Saudi Prince Mohammad bin Salman compared Iran’s supreme leader Ayatollah Ali Khamenei to Nazi dictator Adolf Hitler. In return, Tehran has responded saying that with regard to the Crown Prince: “No one in the world and in the international arena gives credit to him because of his immature and weak-minded behavior and remarks.”
Tensions in the Middle East continue to expand.
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https://www.armstrongeconomics.com/wp-content/uploads/2025/04/Carney-Victory-Speech-4-28-25.mp4 Carney’s Victory Speech was an acknowledgement that what we are witnessing is truly more than just a hate fest against Trump. Carney is saying the relationship between USA [...]
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 [...]
