The ‘Granddaddy’ of Hurricanes 1715 and 1848
In 2015, the remains of the famous 1715 Treasure Fleet was discovered. It was actually a combination of two Spanish fleets returning from the New World loaded with gold and [...]
Central Banks Buying Equities
QUESTION: Central banks around the world are currently purchasing equities. If they continue to purchase equities, will we ever have a significant market downturn again? What happens when central banks acquire enough shares to control corporations?
PE
ANSWER: Yes. The central banks have been buying equities to try to diversify their balance sheets as they also see what is coming down the road. Still, they are not the major buyers to influence the market in that manner. Corporate buybacks have been a much stronger factor in the marketplace.
The reason why we will not have a major crash is simply because this time it is different — the crash is in the debt markets.
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Market Talk – October 9, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 340.42 points or 0.87% to 39,277.96 • Shanghai decreased 230.92 points or -6.62% to 3,258.86 [...]
Biden Wants Banks to Report All Transaction over $600
The Biden Administration is pushing banks to report every $600 transaction, whether a deposit or withdrawal, from every business or personal account. The Democrats want everything, and no matter how [...]
Medvedev’s Warns Are Not Taken Seriously by the West
Former Russian President Dmitry Medvedev has called for Russia to adopt a more aggressive stance against the West in light of the ongoing war in Ukraine. Medvedev has previously threatened [...]
