Market Talk – January 14, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 716.10 points or -1.83% to 38,474.30 • Shanghai increased 80.18 points or 2.54% to 3,240.94 [...]
The Blue Wave that the Democrats have been cheering is not impressive in the least. Everything appears to be within the projected parameters, but we are currently at 47% in the Senate. This suggests that we may not elect the Bearish Reversal. This warns that we have not yet broken down the political system and that the Democrats will do their best now to disrupt and obstruct the Trump Administration simply to win the 2020 Presidency for Hillary. This is being interpreted as negative economically by most and this indicated that we are more likely to see the USA turn more to the downside into 2020 with both economic and job growth. When we get the final numbers we will be able to provide the projection into 2020.