The Commerce Department’s Bureau of Economic Analysis (BEA) released its first estimate for US GDP in Q1, a 0.3% decline annually. The decline was mainly due to a sharp 41% uptick in imports as they are subtracted when calculating the final GDP figure. Pharmaceutical goods, medicines and vitamins, computers and parts drove imports in the […]

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 205.39 points or 0.57% to 36,045.38 • Shanghai decreased 7.62 points or -0.23% to 3,279.03 • Hang Seng increased 111.30 points or 0.51% to 22,119.41 • ASX 200 increased 55.60 points or 0.69% to 8,126.20 • SENSEX decreased 46.14 points […]

  Russia has finally ejected all Ukrainian troops from the Kursk region who invaded on orders of NATO/EU last August 6th, ending the most significant incursion into Russian territory since World War II. This has certainly removed Kursk as a pawn in peace negotiations, which Zelensky refused to accept when he met at the White […]

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 closed • Shanghai decreased 1.76 points or -0.05% to 3,286.65 • Hang Seng increased 36.15 points or 0.16% to 22,008.11 • ASX 200 increased 73.50 points or 0.92% to 8,070.60 • SENSEX increased 70.01 points or 0.09% to 80,288.38 • Nifty50 […]

  Carney’s Victory Speech was an acknowledgement that what we are witnessing is truly more than just a hate fest against Trump. Carney is saying the relationship between USA and Canada is over. This is not about tariffs. This is about power. Just as the media has been 92%+ anti-Trump, this is the FAR LEFT […]

The Federal Reserve is nearly done completing its revamp of its Washington, DC, headquarters with a price tag of $2.5 billion. The luxurious facility has come under intense scrutiny as many believe they are borrowing from public funds while already operating in a deficit. Yet, these funds will not be added to national debt calculations. […]

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 134.25 points or 0.38% to 35,839.99 • Shanghai decreased 6.65 points or -0.20% to 3,288.41 • Hang Seng decreased 8.78 points or -0.04% to 21,971.96 • ASX 200 increased 28.90 points or 0.36% to 7,997.10 • SENSEX increased 1,005.84 points […]

COMMENT: Marty, you were right. These people are myopic and have no idea of how the world economy functions. They reveal their ignorance, blaming Trump’s tariffs for the coming recession, when you pointed out that even China turned them down, as did Europe, as soon as your ECM turned them down one year ago. The […]

COMMENT: Carney is lying about everything. He is telling people the US is over and Canada will now lead the world. Anyone can look up the facts. U.S. total trade is 22.7% of world trade. $32.1 trillion. Canada’s total trade is $1.6333 trillion, or just 5.1%. He is lying to the public and the world. You […]

COMMENT: Martin, Had to laugh here’s a comment about Janice Stein and Mark Carney. As my father in law always said, “in the valley of the blind the one eyed man sees the most.” The world is full of Academics that have no clue, too many people playing business and politics with other people’s money and […]