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Market Talk – November 8, 2022

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 344.47 points or 1.25% to 27,872.11 Shanghai decreased 13.32 points or -0.43% to 3,064.49 Hang Seng decreased 38.60 points or -0.23% to 16,557.31 Kospi increased 27.25 points or 1.15% to 2,399.04 ASX 200 increased 25.20 points or 0.36% to 6,958.90 […]

Biden Promises to Raise Energy Prices Before Midterms

Remember when America was energy independent? Gas was under $2 per gallon, the Strategic Petroleum Reserve was full, and our lawmakers did not have to grovel at the feet of our adversaries who are declining to help us anyway. The only reason America has an energy crisis is because Joe Biden eliminated domestic energy efforts […]

Biden’s IRS Army in Jeopardy

Biden’s IRS army of 87,000 new armed recruits is coming under fire by the Republican party. Sen. Chuck Grassley (R-Iowa) and Sen. Jon Thune (R-SD) are working on a bill that would require Congress to approve IRS spending. Both men also sit on the House-Senate Joint Committee on Taxation. Biden would like to spend $80 […]

Market Talk – November 7, 2022

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 327.90 points or 1.21% to 27,527.64 Shanghai increased 7.02 points or 0.23% to 3,077.82 Hang Seng increased 434.77 points or 2.69% to 16,595.91 Kospi increased 23.36 points or 0.99% to 2,371.79 ASX 200 increased 41.20 points or 0.60% to 6,933.70 […]

Interview: There May Not Be a 2024 Election

Watch the video above or click here to see my latest interview with Greg Hunter of USAWatchdog. I will be discussing all of this and more at the World Economic Conference this weekend (virtual tickets are still available). Commentary from Greg Hunter: Legendary financial and geopolitical cycle analyst Martin Armstrong says, “The cheating in the […]

Market Talk – November 4, 2022

ASIA: In the next five years, India may become the third-largest economy after the United States and China, says International Monetary Fund’s World Economic Outlook database. As per the IMF, the South Asian country is most likely to reach the position two years earlier than initially expected, overtaking Germany and Japan. Considering India’s perspective to […]

Fed Pivot Myth

Thank you to the reader who sent in this hilarious image. Despite all the incoming data and price instability, some expected the Fed to pivot on its stance. Even BlackRock reportedly told advisers to expect “pivot language” at the last Federal Open Market Committee meeting. They were hoping that the Fed would announce a looser […]

No – This is Not the Last Daylight Saving Time

There seems to be some confusion as people cheer that November 6 will be the last annual end to Daylight Saving Time (DST). The proposal to stop altering the clocks passed in the Senate last year. However, the bill died in the Democrat-controlled House and has not been discussed since. The tradition of changing the […]

Market Talk – November 3, 2022

ASIA:   China’s decision to maintain Covid controls is pushing companies to look to factories outside the country, according to The Economist Intelligence Unit. Beijing’s stringent Covid controls helped the country resume work while the rest of the world still struggled with the pandemic in 2020. While other countries have relaxed most restrictions and chosen […]

iPhone Production Halted in China

China is losing business by implementing lockdowns that also prolong the global supply chain shortage. The Zhengzhou Airport Economy Zone in Henan province is currently under lockdown. This is where Apple’s largest manufacturing plant is located. The Chinese government said that the lockdown would last for only seven days, but we have seen their lockdowns […]