ASIA / AUSTRALIA: India’s Prime Minister Narendra Modi has been elected for a second term, thanking voters for five more years in office. Modi has had a reputation of being a nationalist and making sure the security of the nation was at the forefront of voters’ minds. There will be those unhappy with the outcome […]

ASIA / AUSTRALIA: There are reports emerging that China could cut off U.S. supply of rare earth elements, which are essential for use in weapons, cell phones, hybrid cars, and magnets. Recently, President Xi spoke out stating there was a “new Long March” and China “must start over again,” which signals a longer than expected […]

ASIA / AUSTRALIA: Chinese telecommunications manufacturer Huawei has been banned from the recent updates from Google’s Android system. Currently, Huawei is the second largest manufacturer of smartphones. They will, however, be allowed on the latest released version of Google’s Android operating system which is open sourced. The CEO of Huawei previously stated that the company […]

ASIA / AUSTRALIA: Luckin Coffee, a Chinese coffee company (whom many consider growing competitor to Starbucks) successfully raised 651 million in an IPO in the US. The stock initially rallied up from $17$ to $25, and closing the day just over $20 (+19.88%). The global markets slipped today over reports that the US and China […]

ASIA / AUSTRALIA: After President Trump’s national emergency call over IT technology, China has threatened to retaliate against the US with sanctions. China sees America’s action as an attempt to restrict international trade by prohibiting the Chinese technology giant Huawei. There also seems to be a trend in China where people are calling for a […]

ASIA / AUSTRALIA: President Xi Jinping urged fairness and openness when he was presenting at a conference on Dialogue of Asian Civilizations in Beijing. “Thinking that one’s own race and culture are superior, and insisting on transforming or even replacing other civilizations, is stupid in its understanding and disastrous in practice.” He further added, “There […]

ASIA: As we reported yesterday, there are a lot of conspiracies emerging that China will be selling off their treasuries to punish the U.S. for their latest tariff hikes. Many analysts believe this is unlikely due to the massive risk of increasing worldwide interest rates and the probability of backfiring on China. Another question raised […]

QUESTION #1: Sir, You stated in your blog that Fed may fix 2 and 10 year bond rates. Doesn’t this negate the yield curve concept/ credit theory? Won’t this accelerate the distrust for government? Wont this further accelerate/aggravate the pension crisis? Appreciate you teaching the little guys See you in Oct DK QUESTION #2: Marty; […]

Socialism has robbed the economic future of millennials. All of the programs have been based upon a Ponzi scheme from Social Security to Obamacare. The entire foundation of socialism is constructed on taking other people’s money. Naturally, they always point the finger at the rich. But the social programs are really based upon one generation […]

ASIA: No real surprises coming off the news of Friday and over the weekend. China announced they will be increasing tariffs on approximately $60 billion worth of U.S. goods up to 25% on June the 1st. Earlier in the day, US President Trump tweeted that if China were to retaliate it would continue to escalate […]