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British Politics – Johnson Resigns Taking the Pound With Him

QUESTION: Mr. Armstrong; You rather bluntly rejected meeting with our PM. It looks like you were correct. Will we now turn to Labour to kill the British pound? HJ ANSWER: Boris Johnson is a disgrace. I had heard that he was untrustworthy and I think he has tried to lie his way out of too […]

BREAKING NEWS: Boris Johnson Resigns

Boris Johnson is stepping down as prime minister this Thursday. Johnson’s countless scandals and failed administrative policies have finally caught up with him. He previously survived a “No Confidence” vote but lost the respect of many across the UK. This latest scandal involving MP Chris Pincher seems to have been the straw that broke the […]

How Western Sanctions Crippled Syria

The West has placed some form of sanctions on Syria since the Carter Administration when the nation was added to the State Sponsors of Terrorism List. George W. Bush increased sanctions in 2004 to push the “War on Terror” agenda as the US invaded sovereign nations under false pretenses. However, it was not until 2011 […]

Market Talk – July 6, 2022

ASIA:   The major Asian stock markets had a mixed day today:   NIKKEI 225 decreased 315.82 points or -1.20% to 26,107.65   Shanghai decreased 48.68 points or -1.43% to 3,355.35   Hang Seng decreased 266.41 points or -1.22% to 21,586.66   ASX 200 decreased 34.80 points or -0.52% to 6,594.50   Kospi decreased 49.77 […]

Market Talk – July 5, 2022

ASIA: India’s gold imports in June nearly trebled from year-ago levels on correction in prices and as jewelers replenished inventories after robust sales during a key festival, Reuters reported. Higher imports by the world’s second-biggest bullion consumer could support benchmark gold prices, but the surge may increase India’s trade deficit and put pressure on ailing […]

Happy Fourth of July

We thank those who continue to promote and fight for freedom. Despite the current president saying our constitutional rights are not absolute, the Founding Fathers ensured on July 4, 1776, that the American people would remain free. “We hold these truths to be self-evident, that all men are created equal, that they are endowed by […]

Fourth of July Celebration Price Hike

The White House celebrated the measly 16-cent discount that Americans enjoyed last Fourth of July. As a reminder of how our leaders have catapulted our economy and opportunity to prosper, the average cost for Independence Day celebrations is now 17% higher than last year. The White House actually marketed their $0.16 price decline in 2021. […]

Market Talk – July 1, 2022

ASIA: China’s huge manufacturing and service industries just saw their first month of growth since February, according to surveys published Thursday, as Covid restrictions were eased in many cities. But the shadow of further lockdowns still looms over the world’s second biggest economy as Beijing sends mixed messages about the best way out of the […]

Market Talk – June 30, 2022

ASIA: China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday, as authorities lifted a strict COVID lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau of Statistics (NBS) […]

Market Talk – June 29, 2022

ASIA: Group of Seven democracies have had positive and productive discussions with China and India about a plan to cap the price of Russian oil, a source familiar with the G7 discussions said on Tuesday, adding the two major oil consumers would have incentives to comply. The price-per-barrel cap level had not yet been determined, […]