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Market Talk – February 23, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 836.52 points or 2.19% to 39,098.68 Shanghai increased 16.52 points or 0.55% to 3,004.88 Hang Seng decreased 17.09 points or -0.10% to 16,725.86 ASX 200 increased 32.40 points or 0.43% to 7,643.60 Kospi increased 3.43 points or 0.13% to 2,667.70 […]

NY & the End of the American Way of Life

Once upon a time, in the United States, we, the people, began our classroom day with the Pledge of Allegiance: “I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all,” Those days are gone, […]

Market Talk – February 22, 2024

  Global Currencies • EURUSD advanced 0.0012 points or 0.11% to 1.0825 • GBPUSD advanced 0.0034 points or 0.27% to 1.2661 • USDCHF decreased -0.0007 points or -0.08% to 0.8811 • AUDUSD decreased -0.0001 points or -0.02% to 0.6552 • NZDUSD advanced 0.0017 points or 0.28% to 0.6198 • USDJPY advanced 0.21 points or 0.14% […]

NYC Bonds Are in Sell Mode

COMMENT: Hi Martin.   Thanks for the “astute lawyer” compliment. That was very nice, and coming from you, it is very meaningful to me. The Epoch Times headline in your “NYC Out of Control” post calls the dollar part of the verdict against the Trumps a “penalty.” It has also been called a “fine,” but […]

NYC Out of Control – Giant Short!

Letitia James – the Destroyer of Worlds NYC is totally out of control. These bogus charges were never brought against anyone, and there was no victim. This definition of fraud can be applied now to anyone in NYC. This is obviously an attempt to interfere in the 2024 election, for if Trump had not run […]

Inflation Dropped in Canada – So Why is the Cost of Living Unaffordable?

Statistics Canada reported that inflation slowed in January to 2.9%, beating expectations of 3.3%. So why are Canadians still struggling to afford basic necessities like rent and food? Mortgage interest costs remain the top noted driver of inflation after rising 27.4% YoY, while rentals increased 7.9% during the same period. Bank of Canada governor Tiff […]

Market Talk – February 21, 2024

ASIA:   Japan’s economy has unexpectedly contracted, leading to a recession and causing it to drop from the world’s third-largest economy to the fourth, behind Germany. The Gross Domestic Product (GDP) shrank by an annualized 0.4% in the last quarter of 2023, following a 3.3% contraction in the previous quarter, which defines a recession. This […]

US Govt Targets Private Enterprise – Eminent Domain – Private Property and Patents at Risk

A recent measure from the Biden Administration touted as a solution to lower prescription drug costs has a more sinister motive. The Bayh–Dole Act or Patent and Trademark Law Amendments Act of 1980 permitted researchers to own the patents of their products developed through government funds. The legislation permitted “march-in” rights that enabled these agencies […]

The Investment Boycott Against NYC Has Begun

The reaction to this bogus decision against Trump is just overwhelming. I cannot even tell you how many emails have come in, all getting the point and confirming it is time to get the hell out of New York. They have shown the entire world that no rule of law is left standing. As an […]

Market Talk – February 20, 2024

ASIA: China’s central bank, the People’s Bank of China, has reduced the five-year loan prime rate, a mortgage benchmark, by 25 basis points to 3.95% from 4.2%. This significant cut, the largest ever, aims to boost the struggling housing market. The move, which exceeded market expectations, follows the release of 1 trillion yuan ($139 billion) […]