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Market Talk – August 7, 2019

ASIA: Last week on Thursday, President Trump threatened to add another 10% tariff on an additional 300 billion USD worth of goods coming into the U.S. from China. China responded to President Trump’s threat by allowing the Chinese yuan — with the current exchange rate of 7.05 Chinese Yuan to the dollar — sink to […]

The Next Lehman Moment – Threat to the Global Economy the Fed Responded to

I am overseas as a crisis is brewing which many might rename the “Lehman Moment” to something more up to date. Clearly, the stakes are far higher to the world economy than anyone may truly appreciate. We are cascading toward a perfect financial storm. However, this particular storm is exacerbated by the politics of Europe […]

Market Talk – August 2, 2019

ASIA: There has been news suggesting that China wants to retaliate to the tariffs imposed by Trump, but their faltering economy and high debt burden does not allow them to do so. Today, China’s Ministry of Commerce, which is heavily involved in the country’s trade policy, said it would “take necessary counter measures to resolutely […]

Market Talk – July 30, 2019

ASIA: President Trump criticized China, this time complaining that China has not been buying more US agricultural products as it promised to do. Today, the US and China have resumed talks although no outcome has been presented. The Bank of Japan kept its ultra-low interest rates unchanged, maintaining its short-term interest rate target at -0.1%. […]

The Greatest Fear for Brussels about BREXIT

The entire feud between Britain and Brussels has been over the border in Ireland between north and south. Brussels fears that there will be a free-flow of goods which will circumvent their taxes. The election of Borris Johnson has created a giant nightmare for Brussels. Trump and Johnson will enter a free trade agreement. A […]

Market Talk – July 26, 2019

ASIA: Chinese authorities are suspecting US company FedEx of holding back more than 100 packages that were destined to Chinese company Huawei, the state media reported today. The US government has agreed to pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16bn […]

Boris Johnson Wins Britain Right on Target

Boris Johnson has been elected as the new Prime Minister of Britain and he has promised to take Britain out of the European Union “come what may.” Jeremy Corbyn says Labour will table a motion of no confidence, designed to force Boris Johnson from office “at a time of (their) choosing,” adding “it will be an […]

Market Talk – July 24, 2019

ASIA: Russia and China had their first joint operation yesterday. The Chinese defense ministry says four bombers, supported by fighter jets, patrolled a pre-planned route over the Sea of Japan and the East China Sea. However, China’s neighbors were not happy with the operation. South Korea said its jets fired flares and machine gun warning […]

Market Talk – July 22, 2019

ASIA: Mass protests occurred over the weekend in Hong Kong. The public was forewarned of the protests through social media as locals were advised to stay clear of protestors. Overall, China was pleased with the handling of the protestors by local authorities. The Foreign Ministry said local authorities should use all necessary measures to “safeguard […]

California Economy Declining Significantly

California is the center of the far left which takes the position that even undocumented aliens can hold a position in government, they support sanctuary cities, and of course, they are the major movement in the New Green Deal initiative. Berkeley, California banned natural gas which is a clean fuel requiring homes to be powered […]