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Market Talk – May 7, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 599.03 points or 1.57% to 38,835.10 Shanghai increased 7.02 points or 0.22% to 3,147.74 Hang Seng decreased 98.93 points or -0.53% to 18,479.37 ASX 200 increased 110.90 points or 1.44% to 7,793.30 Kospi increased 57.73 points or 2.16% to 2,734.36 […]

Market Talk – May 6, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai increased 35.90 points or 1.16% to 3,140.72 Hang Seng increased 102.38 points or 0.55% to 18,578.30 ASX 200 increased 53.40 points or 0.70% to 7,682.40 Kospi closed SENSEX increased 17.39 points or 0.02% to 73,895.54 Nifty50 decreased 33.15 points […]

Market Talk – May 3, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai closed Hang Seng increased 268.79 points or 1.48% to 18,475.92 ASX 200 increased 42.00 points or 0.55% to 7,629.00 Kospi decreased 7.02 points or -0.26% to 2,676.63 SENSEX decreased 732.96 points or -0.98% to 73,878.15 Nifty50 decreased 172.35 points […]

Market Talk – May 2, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 37.98 points or -0.10% to 38,236.07 Shanghai closed Hang Seng increased 444.10 points or 2.50% to 18,207.13 ASX 200 increased 17.10 points or 0.23% to 7,587.00 Kospi decreased 8.41 points or -0.31% to 2,683.65 SENSEX increased 128.33 points or […]

Market Talk – May 1, 2024

  ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 131.61 points or -0.34% to 38,274.05 Shanghai closed Hang Seng closed ASX 200 decreased 94.20 points or -1.23% to 7,569.90 Kospi closed SENSEX closed Nifty50 closed     The major Asian currency markets had a mixed day today: AUDUSD […]

The President Overtaking the Federal Reserve – BAD IDEA

I do not agree with Donald Trump’s view of the Federal Reserve. I speak on behalf of sound economic policies that benefit the people. I do not blindly support a political candidate for the sake of being on the right side. Now, I criticized Trump during his presidency for constantly pressuring the central bank to […]

Market Talk – April 30, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 470.90 points or 1.24% to 38,405.66 Shanghai decreased 8.22 points or -0.26% to 3,104.82 Hang Seng increased 16.12 points or 0.09% to 17,763.03 ASX 200 increased 26.70 points or 0.35% to 7,664.10 Kospi increased 4.62 points or 0.17% to […]

California’s Exit Tax

People have been leaving California in droves due to Governor Gavin Newsom’s socialistic Utopia that demands everyone be taxed on every penny they earn. I’ve long warned that California was unfriendly for businesses and investors. Those who stayed behind will now need to pay to leave under Assembly Bill 2088. California plans to implement a […]

Market Talk – April 29, 2024

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 closed Shanghai increased 24.41 points or 0.79% to 3,113.04 Hang Seng increased 95.76 points or 0.54% to 17,746.91 ASX 200 increased 61.50 points or 0.81% to 7,637.40 Kospi increased 31.11 points or 1.17% to 2,687.44 SENSEX increased 941.12 points or 1.28% […]

Beware of 2025

QUESTION: Hi Martin, What are you thoughts on holding cash into 2028? You said cash was king, but there would come a time to abandon cash. It seems this CBDC thing is what you are talking about. Do you have any time yet? See you in London Kind regards, HF ANSWER: Europeans are much more familiar with […]