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Market Talk – May 18, 2023

ASIA:   Japan’s economy experienced a faster-than-expected recovery in the first quarter, coming out of a recession caused by the COVID-19 pandemic. The growth was primarily driven by increased consumption following the pandemic, which helped counter the challenges posed by global economic conditions. However, concerns have arisen due to signs of a slowdown in economic […]

Market Talk – May 17, 2023

ASIA:   India’s economy is expected to grow by 5.8% in 2023, driven by strong domestic demand, although high funding costs and weak external demand pose challenges. The United Nations report also predicts a growth rate of 6.7% for India in 2024. Inflation is forecasted to decrease to 5.5% in 2023, aided by stable global […]

Market Talk – May 16, 2023

ASIA: China’s industrial output and retail sales growth in April fell short of expectations, indicating a loss of momentum in the economy at the beginning of the second quarter. This has increased pressure on policymakers to support the post-COVID recovery. The data also revealed a further decline in property investment, raising concerns about the outlook […]

Zelensky: Ukraine Will Win War before 2024 US Elections

I have said it countless times – the only way they will keep Biden in power is to enter the war. The US and all NATO nations have already unofficially entered the war by supplying soldiers and a blank check to Ukraine and attempting to nuke Russia’s economy by removing it from SWIFT and placing […]

Pasta Prices Soar 20% in Italy – The Return of the Pasta Cartel?

(image above represents shrinkflation — an additional burden to consumers) Italy’s Industry Minister Adolfo Urso called for an emergency meeting to discuss the sharp uptick in food prices. Pasta alone is up nearly 20%, and this is a major problem in a country where 60% of residents report eating this item daily. Some provinces are […]

Market Talk – May 15, 2023

ASIA: India’s annual wholesale price index (WPI) fell for the first time in nearly three years in April, as prices softened across the board. WPI fell by 0.92% from the same month a year earlier, having risen 1.34% in March. The data compared with a Reuters poll that predicted a fall of 0.20%. In April, […]

Scalia & the Right to Secede

QUESTION: Marty; There are those who say Scalia was wrong for he claimed the civil war was correct and he changed the meaning of the Second Amendment. You are the real constitutional scholar on these issues. Is there a right to secede by a state? Did Scalia really change the Second Amendment? Thank you so […]

Market Talk – May 12, 2023

ASIA:   A Reuters poll of 19 economists showed that Japan’s core consumer inflation likely increased in April due to retail price hikes offsetting the effect of the government’s energy subsidies. The core CPI, which excludes fresh food but includes energy items, likely grew by 3.4% in April from a year earlier, marking the fastest […]

Market Talk – May 11, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 4.54 points or 0.02% to 29,126.72 Shanghai decreased 9.60 points or -0.29% to 3,309.55 Hang Seng decreased 18.41 points or -0.09% to 19,743.79 ASX 200 decreased 3.80 points or -0.05% to 7,251.90 Kospi decreased 5.51 points or -0.22% to 2,491.00 […]

The 14th Amendment & the Destruction of the United States

  Interpretation of the Constitution is often caught up in controversy. What is beautiful to one person is average or ugly to another. The best construction regarding law was the cornerstone of Justice Scalia who I regard as probably one of the most brilliant minds that ever sat on the bench. Of course, the left […]