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Yellen Aims to Send Frozen Russian Assets to Ukraine

Russian assets frozen by the West have been sitting idle for three years. US Treasury Secretary Janet Yellen is urging the G20 to liquidate nearly $300 billion in stolen assets and send it to Ukraine. “It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets […]

Market Talk – February 27, 2024

  ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 5.81 points or 0.01% to 39,239.52 Shanghai increased 38.46 points or 1.29% to 3,015.48 Hang Seng increased 156.06 points or 0.94% to 16,790.80 ASX 200 increased 10.20 points or 0.13% to 7,663.00 Kospi decreased 22.03 points or -0.83% to […]

Forecasting the Future Based on the Past

COMMENT #1: I was there at your 2011 WEC. I was dragged along by a friend. I remember well your forecast for war starting in 2014 and your forecast that the Dow would go to 40,000. I thought you were crazy. I bet my friend $100 you would be wrong. I had to pay up. […]

Russia is Getting Stronger – Not Weaker

Russian President Vladimir Putin unveiled the new strategic long-range Tu-160M nuclear-capable bomber on Thursday, in a move likely to be seen in the West as a pointed reminder of Moscow’s nuclear capabilities. This is a new giant swing-wing type plane, where the pilots posted on the side “MY POMPEII,” referring to the destruction of Vesuvius.  […]

Market Talk – February 23, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 836.52 points or 2.19% to 39,098.68 Shanghai increased 16.52 points or 0.55% to 3,004.88 Hang Seng decreased 17.09 points or -0.10% to 16,725.86 ASX 200 increased 32.40 points or 0.43% to 7,643.60 Kospi increased 3.43 points or 0.13% to 2,667.70 […]

Poo-Losi – Fractions among the Left

Protestors gifted trading extraordinaire Nancy Pelosi with 300 lbs of manure to her personal residence in San Francisco, California. No, this was not an act of violence by the radical MAGA extremists but a message sent by Democrats protesting a ceasefire in Palestine. “NANCY PELOSI ENOUGH WITH THIS S—T” and “STOP ARMING ISRAEL. ARMS EMBARGO […]

Market Talk – February 21, 2024

ASIA:   Japan’s economy has unexpectedly contracted, leading to a recession and causing it to drop from the world’s third-largest economy to the fourth, behind Germany. The Gross Domestic Product (GDP) shrank by an annualized 0.4% in the last quarter of 2023, following a 3.3% contraction in the previous quarter, which defines a recession. This […]

Market Talk – February 20, 2024

ASIA: China’s central bank, the People’s Bank of China, has reduced the five-year loan prime rate, a mortgage benchmark, by 25 basis points to 3.95% from 4.2%. This significant cut, the largest ever, aims to boost the struggling housing market. The move, which exceeded market expectations, follows the release of 1 trillion yuan ($139 billion) […]

Alexei Navalny – behind the curtain

COMMENT #1: “Tucker picked the wrong side. Guess Tucker won’t be going back to Russia for a while.” citing: https://en.wikipedia.org/wiki/Alexei_Navalny anonymous COMMENT #2: Tucker is supporting a criminal, and you should not publish anything this guy says. anonymous REPLY: I really feel sorry for these people, for they have been brainwashed by the standard psychological […]

Market Talk – February 16, 2024

ASIA:   China is working to bridge the gap between scientific breakthroughs and market adoption by implementing plans to convert patent applications. The goal is to counter technological restrictions imposed by Washington while promoting sustainable economic growth. The state-run Economic Daily emphasized the need for Chinese universities and research institutions to expedite the issuance of […]