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Market Talk – February 27, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 5.81 points or 0.01% to 39,239.52 Shanghai increased 38.46 points or 1.29% to 3,015.48 Hang Seng increased 156.06 points or 0.94% to 16,790.80 ASX 200 increased 10.20 points or 0.13% to 7,663.00 Kospi decreased 22.03 points or -0.83% to […]

Market Talk – February 23, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 836.52 points or 2.19% to 39,098.68 Shanghai increased 16.52 points or 0.55% to 3,004.88 Hang Seng decreased 17.09 points or -0.10% to 16,725.86 ASX 200 increased 32.40 points or 0.43% to 7,643.60 Kospi increased 3.43 points or 0.13% to 2,667.70 […]

Market Talk – February 22, 2024

  Global Currencies • EURUSD advanced 0.0012 points or 0.11% to 1.0825 • GBPUSD advanced 0.0034 points or 0.27% to 1.2661 • USDCHF decreased -0.0007 points or -0.08% to 0.8811 • AUDUSD decreased -0.0001 points or -0.02% to 0.6552 • NZDUSD advanced 0.0017 points or 0.28% to 0.6198 • USDJPY advanced 0.21 points or 0.14% […]

NYC Bonds Are in Sell Mode

COMMENT: Hi Martin.   Thanks for the “astute lawyer” compliment. That was very nice, and coming from you, it is very meaningful to me. The Epoch Times headline in your “NYC Out of Control” post calls the dollar part of the verdict against the Trumps a “penalty.” It has also been called a “fine,” but […]

Market Talk – February 21, 2024

ASIA:   Japan’s economy has unexpectedly contracted, leading to a recession and causing it to drop from the world’s third-largest economy to the fourth, behind Germany. The Gross Domestic Product (GDP) shrank by an annualized 0.4% in the last quarter of 2023, following a 3.3% contraction in the previous quarter, which defines a recession. This […]

The Investment Boycott Against NYC Has Begun

The reaction to this bogus decision against Trump is just overwhelming. I cannot even tell you how many emails have come in, all getting the point and confirming it is time to get the hell out of New York. They have shown the entire world that no rule of law is left standing. As an […]

Market Talk – February 20, 2024

ASIA: China’s central bank, the People’s Bank of China, has reduced the five-year loan prime rate, a mortgage benchmark, by 25 basis points to 3.95% from 4.2%. This significant cut, the largest ever, aims to boost the struggling housing market. The move, which exceeded market expectations, follows the release of 1 trillion yuan ($139 billion) […]

Alexei Navalny – behind the curtain

COMMENT #1: “Tucker picked the wrong side. Guess Tucker won’t be going back to Russia for a while.” citing: https://en.wikipedia.org/wiki/Alexei_Navalny anonymous COMMENT #2: Tucker is supporting a criminal, and you should not publish anything this guy says. anonymous REPLY: I really feel sorry for these people, for they have been brainwashed by the standard psychological […]

Market Talk – February 16, 2024

ASIA:   China is working to bridge the gap between scientific breakthroughs and market adoption by implementing plans to convert patent applications. The goal is to counter technological restrictions imposed by Washington while promoting sustainable economic growth. The state-run Economic Daily emphasized the need for Chinese universities and research institutions to expedite the issuance of […]

Market Talk – February 15, 2024

ASIA:   S&P Global Ratings predicts that funding conditions in India will likely restrict loan growth for many banks, leading to a potential 200 basis points decrease in credit expansion in the next fiscal year. The rating agency anticipates a moderation in system-level credit growth to 14% in FY25, starting April 1, down from about […]