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Market Talk – December 21, 2020

ASIA: Chinese leaders who attended the Central Economic Work Conference from Dec. 16 to 18 were buoyant about China’s relative successes, while remaining cautious on major changes to stimulus policies, CNBC reported according to state media. The annual gathering sets development priorities for the upcoming year. Analysts who followed the meeting said it provided little […]

Market Talk – December 18, 2020

ASIA: India has decided to put restrictions on some Chinese firms that make telecom equipment. The Narendra Modi government will make a list of trusted companies to buy the equipment from, which means that certain companies will have to face restrictions. So far, Chinese companies have dominated the telecom sector, but they will have to […]

Electoral College Voting

Republican electors in Georgia and Pennsylvania have cast votes in the Electoral College for President Trump in an effort to overturn Joseph R. Biden. But that was just not enough. This will leave this matter now to the courts and if the Supreme Court will Act on the Powell and other suits that have standing. […]

Market Talk – December 14, 2020

ASIA: Despite claims of an economic recovery, Chinese state-owned companies are defaulting on their debts. A string of missed debt repayments by major firms has shaken local as well as global markets. State firms defaulted on a record $6.1 billion worth of bonds between January and October, according to Fitch Ratings. That’s about as much […]

Market Talk – December 11, 2020

ASIA: The US Federal Communications Commission (FCC) said on Thursday it began revoking China Telecom’s authorization to operate in the United States as it took further steps to crack down on China’s role in US telecommunications. FCC Chairman Ajit Pai noted several US government agencies had recommended the revocation citing national security concerns. In April, […]

What if Covid Dies Out?

QUESTION: Hi Marty, If Covid dies out naturally before the European elections next year, what might the “Reset” crowd turn to in order to influence/alter the elections? The WEC was terrific!  Thanks very much for making it available by live stream!  Also, thank you for the updates to Socrates. AB ANSWER: I do not believe that […]

Market Talk – December 8, 2020

ASIA: Asian economies – including India, China, Singapore and Indonesia – are set to brush aside the COVID-19 pandemic’s impact and would enter the ‘Goldilocks’ phase in 2021, as per a Morgan Stanley research. Goldilocks economy — not too much deflation, not too much inflation — sustains moderate economic growth. In other words, that is […]

Market Talk – December 7, 2020

  ASIA: China’s economy is growing stronger after the country posted a $75.4 billion trade surplus in November. Exports from China have risen 21.1% YoY, and was pushed especially by US consumers (46% increase) despite tariffs and muddled relations. US Secretary of State Mike Pompeo announced today that the US will sanction 14 top Chinese […]

Bank Stocks Taking a Nose Dive?

  The London Financial Times reported that HSBC is considering divesting US retail banking. “Executives want to submit appropriate plans to the board in the coming weeks.” What they are concerned about is Biden taking the White House. This entire 2030 Agenda you will own nothing and be happy, is all about forgiving all debts […]

Market Talk – November 23, 2020

ASIA: Zheng Yongnian, the Dean of the Advanced Institute of Global and Contemporary China Studies, a Shenzhen-based think tank, has said that the Chinese government should utilize every opportunity to mend ties with the US, South China Morning Post has reported. Mr Zheng, who attended a symposium hosted by President Xi Jinping in August to offer […]