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Market Talk – April 4, 2024

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 321.29 points or 0.81% to 39,773.14 Shanghai closed Hang Seng closed ASX 200 increased 34.80 points or 0.45% to 7,817.30 Kospi increased 35.03 points or 1.29% to 2,742.00 SENSEX increased 350.81 points or 0.47% to 74,227.63 Nifty50 increased 80.00 points […]

Market Talk – April 3, 2024

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 387.06 points or -0.97% to 39,451.85 Shanghai decreased 5.66 points or -0.18% to 3,069.30 Hang Seng decreased 206.42 points or -1.22% to 16,725.10 ASX 200 decreased 105.40 points or -1.34% to 7,782.50 Kospi decreased 46.19 points or -1.68% to 2,706.97 […]

Market Talk – April 2, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 35.82 points or 0.09% to 39,838.91 Shanghai decreased 2.42 points or -0.08% to 3,074.96 Hang Seng increased 390.10 points or 2.36% to 16,931.52 ASX 200 decreased 9.00 points or -0.11% to 7,887.90 Kospi increased 5.30 points or 0.19% to […]

A Blast from the Past

  PEI1990 Capital Flows COMMENT: Marty, I was cleaning out my office. I get around to once every 31.4 years. I found your report that was controversial back in 1990. You were at war against the fundamentalists who were always getting it wrong, as they still do today. I scanned it in and thought you […]

When Religion Attacks Itself

Religion has always influenced economics and geopolitical events. For nearly two hundred years, the emperors of the Eastern Roman Empire, known as Byzantium, had followed the traditions of just placing the emperor’s image on the obverse of their coinage as it had been done since the days of Augustus since 27BC. It was during the […]

Market Talk – March 28, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 594.66 points or -1.46% to 40,168.07 Shanghai increased 17.52 points or 0.59% to 3,010.66 Hang Seng increased 148.58 points or 0.91% to 16,541.42 ASX 200 increased 77.30 points or 0.99% to 7,896.90 Kospi decreased 9.29 points or -0.34% to 2,745.82 […]

Market Talk – March 27, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 364.70 points or 0.90% to 40,762.73 Shanghai decreased 38.34 points or -1.26% to 2,993.14 Hang Seng decreased 225.48 points or -1.36% to 16,392.84 ASX 200 increased 39.40 points or 0.51% to 7,819.60 Kospi decreased 1.98 points or -0.07% to 2,755.11 […]

Poland Feels Consequences of Ukraine-First Policies

Prime Minister Donald Tusk initially promised to double the annual tax-free income allowance to 60,000 zloty (€13,929), but now “there is no room” in the budget. Why? All of the money is going to Ukraine. Poland increased its defense budget to 3% of GDP in 2022, followed by a raise to 4% in 2023. Poland […]

Market Talk – March 26, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 16.09 points or -0.04% to 40,398.03 Shanghai increased 5.18 points or 0.17% to 3,031.48 Hang Seng increased 144.68 points or 0.88% to 16,618.32 ASX 200 decreased 31.70 points or -0.41% to 7,780.20 Kospi increased 19.52 points or 0.71% to […]

UK Residents Pay More for Housing than any OPEC Nation

Those in the UK are familiar with the challenges that accompany failed housing regulations, high demand, and low supply. A recent study by Resolution Foundation shows that those in the UK pay far more for housing than any nation in the OECD. Finland technically pays more, but not when factoring in the total amount the […]