Market Talk – December 13, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 378.70 points or -0.95% to 39,470.44 • Shanghai decreased 69.62 points or -2.01% to 3,391.88 [...]
The Winter that Will Not End is impacting even northern Italy. In Tuscany, winemakers have lit hundreds of torches to keep their grapes warm during this cold period in order to save their crops. The temperatures have been cold and the crops have been subjected to frost at night that would otherwise ensure their demise. The farms have indeed sought to create global warming at a time when the politicians in Europe all agree that short-term flights by air should end to prevent global warming. The last cold spell like this with temperatures dropping below 1 degree celsius took place during May 1987. Temperatures below 0 celsius can wipe out the entire crop for the year.