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Market Talk – July 23, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 4.61 points or -0.01% to 39,594.39 Shanghai decreased 48.85 points or -1.65% to 2,915.37 Hang Seng decreased 166.52 points or -0.94% to 17,469.36 ASX 200 increased 39.40 points or 0.50% to 7,971.10 KOSPI increased 10.78 points or 0.39% to 2,774.29 […]

Corporate Bankruptcies Surpass Pandemic Levels

Americans are opting to file for bankruptcy at a faster pace as they cannot repay their debts. A few major banks came out to say that they lost over $4.1 billion last quarter due to unpaid debts. Bankruptcy filings in the US rose 15% in the first half of 2024, reaching 217,000. Consumers aren’t spending […]

We Apologize

Hello everyone. We wish to offer our apologies for the wild afternoon. We have identified that this was caused by a direct denial of service attack on our login page for the private blog. We have a special code and can trace back the source who is trying to prevent people from getting access to […]

Market Talk – July 22, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 464.79 points or -1.16% to 39,599.00 Shanghai decreased 18.09 points or -0.61% to 2,964.22 Hang Seng increased 218.20 points or 1.25% to 17,635.88 ASX 200 decreased 39.90 points or -0.50% to 7,931.70 KOSPI decreased 31.95 points or -1.14% to 2,763.51 […]

The Death of the Fantasy of Democracy

COMMENT: A friend of mine insisted I read you because you have real experience. I tuned in only so I could argue with my friend. I raise the white flag. You said they would only allow Biden to be on the ticket and nobody else because he would drop out after the RNC event, and […]

Rental Caps?

The Biden Administration wants to do everything to lower prices BESIDES lowering taxes. Joe Biden released a new plan that would cap rental raises at 5% annually. Landlords who have over 50 units in their portfolio would lose their tax credits if they failed to adhere to this proposed law. Yet, property taxes throughout the […]

Zelensky Prepared for a Trump Presidency

Donald Trump has guaranteed to end the war in Ukraine if elected president, vowing to do so before his first day in office. The recent outpouring of support for Donald Trump has led world leaders to consider the possibility of a second Trump presidency. Perhaps no one would dread a second Trump term more than […]

CNN’s Report 3 Guns Fired

We have these reports that the sound implied that there were three separate guns fired, and thus, there had to be a second shooter. I think if there were a second shooter, Trump would be dead. I tend to think they stood down, let it happen, and hoped for the best. The same routine in […]

Market Talk – July 19, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 62.56 points or -0.16% to 40,063.79 Shanghai increased 5.18 points or 0.17% to 2,982.31 Hang Seng decreased 360.73 points or -2.03% to 17,417.68 ASX 200 decreased 64.90 points or -0.81% to 7,971.60 KOSPI decreased 28.89 points or -1.02% to 2,795.46 […]

Democrats Kicking Biden Out

It began with Biden’s disastrous debate against Donald Trump, followed by a series of gaffes on the global stage. The public has been carefully watching Biden for signs of cognitive decline, of which there have been plenty. First, the media began to cover stories highlighting Biden’s failing cognition, with commentators questioning Biden’s ability to serve […]