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Market Talk – February 3, 2021

ASIA: China and Russia have blocked the UN from condemning the ongoing military coup in Myanmar. The UN statement sought to “condemn the military coup” and call on the military to “immediately release those unlawfully detained,” according to a draft seen by Politico. Wider fiscal deficits and a more gradual pace of consolidation will lift […]

The Foolishness of Shifting to Renewables

Biden shut down the Keystone Pipeline from Alberta, but what people do not realize is the environmentalists are out for blood. They are pushing to shut down pipeline #5 that supplies a large portion of Michigan homes the energy to stay warm. Line 5 supplies 65% of the propane demand of the upper portion of […]

Market Talk – February 2, 2021

ASIA: China’s growth is likely to moderate in the coming months as the country faces risks on two fronts, according to the chief Asia economist of Goldman Sachs. Goldman Sachs economist Andrew Tilton said the policy makers are quite comfortable with the recovery so far and are starting to pull back on policy stimulus to […]

Iran & World War III

Thanks to provocative moves by Iran, President Biden is facing an increasingly uncertain situation when it comes to Iran, which has been America’s nemesis since the 1970s when they called the US the Great Satin. They have been pushing much of the Middle East’s instability for decades. The military in the last days of Trump […]

Market Talk – February 1, 2021

ASIA: China is cracking down on a crime ring making “fake vaccines” for Covid-19 that has been running since September, state media reported. Police departments in Jiangsu, Beijing, and Shandong have arrested more than 80 people involved in producing more than 3,000 fake Covid-19 vaccine doses, Xinhua News Agency reported. Xinhua said China’s Ministry of […]

The Conspiracy Against the People Will Fail

I have been warning that despite all their influence via the World Economic Forum, Gates Foundation, and Soros’ Open-Society calling for a one-world government, they will fail. We have even Governor Cuomo suddenly realizing that he may have destroyed New York City permanently. California is bleeding businesses so rapidly; the tax the rich policy that […]

Market Talk – January 29, 2021

ASIA: China has warned Taiwan that any attempt to seek independence “means war.” The warning comes days after China stepped up its military activities and flew warplanes near the island. This reaction from China came after new US President Joe Biden reaffirmed his commitment to Taiwan, and set out his stance in Asia. The US […]

Market Talk – January 28, 2021

ASIA: A World Health Organization (WHO) team has come out of quarantine and will start on-the-ground investigations into the origins of the coronavirus in the Chinese city of Wuhan. The scientists will begin interviewing people from research institutes, hospitals and the seafood market linked to the initial outbreak. Their research will rely upon evidence provided […]

Market Talk – January 27, 2021

ASIA: Profits at China’s industrial firms grew for the eighth straight month in December, suggesting a sustained recovery as the manufacturing sector rapidly emerged from its COVID-19 slump, Reuters reported. Profits surged 20.1% year-on-year in December to 707.11-billion-yuan ($109.40 billion), after rising 15.5% in November, the National Bureau of Statistics (NBS) data showed on Wednesday. […]

Market Talk – January 26, 2021

ASIA: The IMF expects the US and China to be by far the most successful at steering their economies through the pandemic, leaving Europe and other emerging markets trailing in their wake. In its updated forecasts for the global economy, the fund predicts that by 2022 recoveries in the US and China will leave their […]