ASIA: In October, China experienced a slowdown in consumption rebound and a loss of momentum in private business confidence, as indicated by independent surveys and alternative data. Measures such as an indicator of consumer demand for recreation and transport, a survey of consumer sentiment, and a poll of private business sentiment all showed declines […]
@the_lost_astronaut ♬ original sound – Lost Astronaut The 2023 Asia-Pacific Economic Cooperation Conference will be held in San Francisco this year. Those I know in the area have said their city seemingly changed overnight. The homeless mysteriously left, the litter had been cleaned from the streets, and urine and feces washed away. The graffiti has […]
ASIA: The major Asian stock markets had mixed day today: NIKKEI 225 increased 17.00 points or 0.05% to 32,585.11 Shanghai increased 7.56 points or 0.25% to 3,046.53 Hang Seng increased 222.95 points or 1.30% to 17,426.21 ASX 200 decreased 27.70 points or -0.40% to 6,948.80 Kospi decreased 5.90 points or -0.24% to 2,403.76 […]
ASIA: Prices are declining again in China, raising concerns about the possibility of deflation as households and businesses remain cautious about spending. State-controlled banks are injecting money into the construction of more factories, but the drop in prices may lead to a situation where companies and workers receive less money for their goods or […]
I will be covering this in detail at the WEC in a couple of weeks. We are getting the same Conspiracy Theories regurgitated and twisted around. People are asking what is real and what is not. Suffice it to say, when you buy shares and leave them at the brokerage house, they remain in THEIR […]
I fully understand that there are now so many calling for a Great Crash of all time as they have during each correction, big and small, for over 30 years, and they just never get it right, even once. Some tout the rise in interest rates. Others look at this chart and nothing else. If […]
Watch the video above or click here to watch my latest interview with Goldseek Radio. Head of Armstrong Economics, Martin Armstrong, outlines his gold market projections in lieu of unraveling geopolitical conditions. Armstrong says, “You have a lot of uncertainty and confusing trends developing. When this materializes in people understanding what’s happening…the dollar and gold would […]
ASIA: The major Asian stock markets had green day today: NIKKEI 225 closed Shanghai increased 21.39 points or 0.71% to 3,030.80 Hang Seng increased 433.53 points or 2.52% to 17,664.12 ASX 200 increased 78.50 points or 1.14% to 6,978.20 Kospi increased 25.22 points or 1.08% to 2,368.34 SENSEX increased 282.88 points or 0.44% to […]
ASIA: The Bank of Japan has removed its 10-year bond yield ceiling of 1%, challenging the long-standing belief in a central bank ‘put.’ This belief, dating back to the days of Alan Greenspan, suggested that central banks like the Federal Reserve would always step in to support falling asset markets with monetary […]
ASIA: China’s economy faces instability post-lockdown, with slowed trade and a substantial $9 trillion debt burden. Additionally, there’s a concerning issue with employing young college graduates, as the youth unemployment rate for ages 16 to 24 reached a record 21% in May 2023, compared to the US rate of 7.4% in the same […]
