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 [...]
Legarde & Green Bonds
QUESTION: Marty; Why is Legarde pitching Euro Green Bonds when they lose money?
JL
ANSWER: If she can use the climate change nonsense to shame Germany into agreeing to issue Eurobonds, it would be a step to eliminate the refusal to issue a single European debt. If Legarde can sell that issue, then it will restructure Europe’s debt position.
Latest Posts
Russia Set to Outpace All Advanced Economies – Sanctions FAILED
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 [...]
