ASIA: The US central bank warned Monday that China’s ongoing property woes could elevate “financial stresses in China, [which] could further strain global financial markets and negatively affect the United States.” In its biannual report on financial stability, the Fed pointed specifically to the crisis at Evergrande, China’s most indebted developer. The company has […]

ASIA: China posted a record monthly trade surplus in October as exports surged despite global supply-chain disruptions. Exports rose 27.1% in dollar terms last month from a year earlier to $300.2 billion, data from the General Administration of Customs showed Sunday. That was the 13th straight month of double-digit growth, and exceeded economists’ expectations of […]

These are the American & Asia Market Reports for WEC attendees that will be available for down load when you get your email. These cover the ISA, Canada, Mexico, and Brazil in the American Report and China, Hong Kong, Japan, Singapore, and Thailand in the Asian Report

We will take a short recess from Market Talk to focus on this year’s annual World Economic Conference. The conference will take place in Orlando, FL, but virtual tickets are still available. Click here to learn more. ASIA: China’s official manufacturing Purchasing Managers’ Index for October came in at 49.2 over the weekend, below the […]

  In WWI, WW2, Korea, Vietnam, Gulf War, and Afghanistan, we asked our soldiers to sacrifice their lives to preserve our liberties. Today, using this orchestrated pandemic, we ask them to sacrifice their liberties to save our lives. Get the Jab or you are fired! They’re polar opposites. Remember the Bonus Army Then with 46% […]

 ASIA: The risk of stagflation is “very real” in China over the next couple of quarters as factory gate prices rise at a quicker pace and an ongoing power crunch hurts economic growth, Charlene Chu, senior analyst for China macro financial at Autonomous Research said Wednesday. Stagflation refers to a situation in which the economy […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 7.77 or -0.03% to 29,098.24 Shanghai decreased 35.33 or -0.98% to 3,562.31 Hang Seng decreased 409.53 points or -1.57% to 25,628.74 ASX 200 increased 5.30 points or 0.07 to 7,448.70 Kospi decreased 23.59 points or -0.77% to 3,025.49 SENSEX decreased […]

COMMENT: Marty, Your last post rings so true. Which why I feel a bit hopeless about CA. Florida, with DeSantis leading is definitely heading in the right direction. My step, father-in-law is a living example of what you talk about. He is overweight, diabetic, double vaxxed, masked, drives an electric hybrid car, and a staunch Democrat […]

ASIA: Shares in China Evergrande Group’s electric vehicles (EV) unit rose on Monday as the embattled property developer moved to prioritize the growth of its nascent EV business over its troubled core real estate operations. Evergrande rose as much as 6% during the session before closing down 0.7%. China Evergrande New Energy Vehicle Group Ltd […]

ASIA: China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world’s second-biggest economy. Facing a deadline on Saturday to pay interest on a US dollar bond, Evergande sent $83.5 million to a […]