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Market Talk- April 14, 2023

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 336.50 points or 1.20% to 28,493.47 Shanghai increased 19.79 points or 0.60% to 3,338.15 Hang Seng increased 94.33 points or 0.46% to 20,438.81 ASX 200 increased 37.50 points or 0.51% to 7,361.60 Kospi increased 9.83 points or 0.38% to 2,571.49 […]

Let Them Drive EVs

The Environmental Protection Agency (EPA) is targeting gas vehicles in an attempt to reduce emissions. Their goal is to reduce carbon emissions by 10 billion tons before 2055 to “protect public health.” In turn, 67% of new personal vehicles will be electric by 2032. The average price of an electric vehicle (EV) is $64,338 and […]

The Pentagon Leak and the Power of Social Media

The Washington Post revealed that the person leaking information from the Pentagon is not a high-level official. There was no collective effort to access the classified information, and the motive of the leak may surprise you. The leak was first posted on a Discord channel called Thug Shaker Central, led by a man in his […]

Market Talk – April 13, 2023

ASIA:   Japan’s wholesale prices rose 7.2% in March from a year earlier, with the pace of increase slowing for the third straight month, data showed on Wednesday, offering some relief to households and firms hit by a steady rise in raw material costs. The gain in the corporate goods price index (CGPI), which measures […]

Market Talk – April 12, 2023

ASIA:   Australia’s Foreign Minister, Penny Wong, has urged exporters to diversify their markets and become less dependent on China as Australia cannot separate economic and strategic relationships with China. This comes after both countries reached a consensus to end their dispute over barley, with Australia suspending a case at the World Trade Organization and […]

Dimon Suggests PROPERTY CONFISCATION to Combat Climate Change

Democracy is under attack. JPMorgan Chase CEO Jamie Dimon , who has been bought by the World Economic Forum, believes the US government should seize private property to combat climate change. This is not an exaggeration. In his annual letter to shareholders, Dimon stated “governments, businesses and non-governmental organizations” may need to invoke “eminent domain” in […]

Market Talk – April 11, 2023

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 289.71 points or 1.05% to 27,923.37 Shanghai decreased 1.79 points or -0.05% to 3,313.57 Hang Seng increased 154.04 points or 0.76% to 20,485.24 ASX 200 increased 90.90 points or 1.26% to 7,309.90 Kospi increased 35.78 points or 1.42% to 2,547.86 […]

Market Talk – April 7, 2023

The NYSE will close on Monday, April 10, in honor of Easter Monday. Market Talk will resume on Tuesday, April 11. We wish all who celebrate a happy Easter holiday. ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 45.68 points or 0.17% to 27,518.31 Shanghai increased 15.02 points […]

Market Talk – April 6, 2023

ASIA: Japanese manufacturers’ sentiment soured in the first quarter to its worst level in more than two years, eclipsing an uptick in service-sector mood, a central bank survey showed, reinforcing views a strong post-COVID economic recovery is some time away. Corporate inflation expectations hit a fresh high with firms projecting inflation to stay above the Bank […]

Market Talk – April 5, 2023

ASIA: China’s manufacturing sector lost momentum in March due to weak export orders, slowing the country’s economic recovery from COVID-19 policies. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50.0 in March from 51.6 in February, which was the first monthly activity expansion in seven months. However, China’s economy showed signs of recovery […]