Markets

Real-time market analysis with charts, signals, and coverage of key financial and geopolitical developments.

China’s military budget surge and Taiwan-related rhetoric heighten tensions

China has taken a bold stance against Taiwan, signaling heightened tensions by excluding ‘peaceful reunification’ from its language. The move coincides with a 7.2% boost in China’s defense budget, marking three decades of consecutive military spending growth. This underscores Beijing’s commitment to modernizing its military and adopting a more assertive approach on Taiwan. https://twitter.com/LavrionMining/status/1765070531509006737  

The Great Reset falters as major players like Ford, Volvo, and Apple face setbacks in EVs.

The Great Reset is dying, with EV’s leading the way. Ford just slashed production of its much-hyped electric F-150 after losing $5 billion on EV's. Volvo’s cutting off its EV division. Apple just announced they’re giving up on EV’s after plowing $10 billion into unicorn farts.… pic.twitter.com/PmDH83qcvG — Peter St Onge, Ph.D. (@profstonge) March 4, …

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All eyes on Steve Garvey and Adam Schiff.

In California, the race to fill the late Sen. Dianne Feinstein’s seat is heating up, with GOP newcomer Steve Garvey rallying enough support to rival the three Democrats running in the state’s primary: Reps. Barbara Lee, Adam Schiff and Katie Porter. CBS News’ Jo Ling Kent reports.

American Airlines orders 260 new jets, including 85 Boeing Max 10 planes.

American ordered 260 new narrow-body planes. The order includes jets from Airbus, Embraer and Boeing’s yet-to-be certified 737 Max 10. American said it would start retrofitting its A319 and A320 planes in 2025 for a bigger first class. American Airlines said Monday it is ordering 260 new narrow-body jets, including dozens of Boeing’s long-delayed 737 …

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Global outage hits top platforms including Facebook, Instagram, TikTok, Snapchat, and YouTube, affecting millions worldwide.

JUST IN: Massive global outage has affected dozens of top platforms today, including the following: 📘 Facebook 📸 Instagram 🎮Google Play💬 Facebook Messenger 🎥 YouTube 📱 Google 💬 WhatsApp📭 Gmail🗺️ Google Maps📞Teams📲TikTok 👻Snapchat — Win Smart, CFA (@WinfieldSmart) March 5, 2024 Meta-owned Facebook, Messenger and Instagram experienced worldwide outages Tuesday, with more than half a …

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Why Panera is Excluded from California’s Minimum Wage Hike

By Martin Armstrong  California is raising the minimum wage of fast food employees from $16 to $20 under the FAST Act. I have explained that raises to California’s minimum wage was restricted due to successful lobbying efforts on behalf of fast food establishments. The new law does include commercial fast food restaurants, excluding Panera Bread. …

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Frankfurt is the first German city to decorate the streets for Ramazan

https://twitter.com/_/status/1764915586994200971 This year, Frankfurt became the first city in Germany to decorate its streets for Ramadan (March 10 – April 9), following a request by the Greens, the Social Democratic Party (SPD) and the state ministry for diversity and the fight against discrimination. Discrimination. The new trend began last year in London. This year is …

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Texans are falling behind on their credit card bills

A lot of Texans are falling behind on their credit card bills 😬 pic.twitter.com/NJZLFvlJjY — Amy Nixon (@texasrunnerDFW) March 4, 2024 In the Texas economy this is really amplified. Lots of 50k millionaires driving 80k trucks — Amy Nixon (@texasrunnerDFW) March 4, 2024

Trump discusses paying the Letitia James fine.

Kilmeade: You have to come up with $400 million, how close are you to securing the bond? Trump: I have a lot of money. I can do what I want to do. Kilmeade: So you’re not worried about the money? Trump: I don’t worry about money pic.twitter.com/Z1a4XLC2Xi — Acyn (@Acyn) March 5, 2024

US Supreme Court Temporarily Blocks Texas Immigration Law

The US Supreme Court temporarily blocked a Senate Bill 4 (SB 4), a Texas law that sought to empower state police to arrest and deport migrants crossing illegally into the United States from Mexico. The law, caught in a legal tussle between the Biden administration and the Republican-led Texas government, is now under the scrutiny …

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Hunter Biden helped hire aides who mishandled Joe’s classified documents

Within hours of the release of a special prosecutor’s report finding he “willfully retained and disclosed classified materials” as a private citizen, President Biden rushed to the White House podium to blame his former “staff.” “I take responsibility for not having seen exactly what my staff was doing,” the president maintained. Documents confirm that the …

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The Diddy lawsuit opens up a whole new angle on MICHAEL JACKSON’S death and life story.

The Diddy lawsuit opens up a whole new angle on MICHAEL JACKSON’S death and life story. The more you look into the music industry, the more you see this weird pattern. Everyone who steps out of line and starts speaking out about how artists are treated- about how executives… pic.twitter.com/OjpXdjurvs — Ian Carroll (@IanCarrollShow) March …

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It’s not just globalists. China is trying to destroy America. They are pushing the transgender movement.

‘Blood Money’: Two of the Biggest Funders of the Radical Transgender Movement in the U.S. Are China-Linked Billionaires Pro-Beijing groups financially backed by two China-linked billionaires are pushing the radical transgender movement as a means of advancing a Marxist agenda in the United States, seven-time New York Times bestselling author Peter Schweizer reveals in his new book Blood …

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‘She’s Running’: Clinton and Hubby Make 2024 Comeback,’Crooked has been warming up in the bullpen this entire time…

Twice-failed presidential candidate Hillary Clinton and impeached former President Bill Clinton are “quietly” and “steadily” staging a comeback ahead of the 2024 presidential election, according to a lengthy profile published by the New Yorker on Monday. The former secretary of state and her husband are covertly supporting the scandal-ridden re-election campaign of President Joe Biden, …

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Wall Street banks are cancelling DEI programs.

Goldman Sachs Group Inc. has made a surprising change to its “Possibilities Summit” for Black college students: It’s opened the program to White students. At Bank of America Corp., certain internal programs that used to focus on women and minorities have been broadened to include everyone. And at Bank of New York Mellon Corp., executives …

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NATO Member Deals Blow to China

Romania, a NATO member, has rejected Chinese telecommunication giant Huawei’s request to supply 5G equipment. The country, which has been a member of the alliance since 2004, has officially denied a request from the Chinese telecommunications giant Huawei to provide equipment for its 5G network, Romanian news outlet Romania Insider reported on Friday. Professional Car …

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Ceasefire in Gaza would not necessarily extend to Lebanon: US envoy

A senior US envoy said, Monday, that a ceasefire in the Gaza Strip may not halt cross-border clashes between the Israeli army and Lebanese group, Hezbollah, Anadolu Agency reports. “Any ceasefire in Gaza will not necessarily automatically extend to Lebanon,” Amos Hochstein told a press conference in Beirut following his talks with Lebanese Parliament Speaker, …

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China boosts defense budget by 7.2% to $232 billion

China is increasing its military budget The defense budget will be increased by 7.2 percent and will amount to about 232 billion dollars, according to the draft budget published today at the opening session of the All-China People's Congress. China will continue to… pic.twitter.com/R8mKhp842t — Sprinter Press (@SprinterPress) March 5, 2024 China is set to …

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Yale’s Stephen Roach says China may have run out of imaginative solutions to its tough problems

Chinese President Xi Jinping has used the plenum meetings to announce a myriad of reforms to set the tone for his leadership, and while not all of those policies have been implemented, they were a statement about the country’s future, Roach told CNBC’s “Squawk Box Asia” on Monday. “The failure to take advantage of that …

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Tesla’s Berlin factory evacuated and production halted after arson attack on energy infrastructure, multiple surrounding areas without power.

Tesla halted production at its German factory Tuesday after assailants allegedly set fire to high-voltage lines nearby, cutting power to the US electric carmaker’s only plant in Europe, the company and authorities said.https://t.co/WCEN5sYCD9 — Insider Paper (@TheInsiderPaper) March 5, 2024 Tesla halted production at its German factory Tuesday after assailants allegedly set fire to high-voltage …

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ATF Chief Tells CBS He’s Willing to Skirt Laws to Ban Guns He Doesn’t Even Know How to Use

Dettelbach failed to demonstrate knowledge of even the most basic firearm anatomy such as the difference between a clip and a magazine. President Joe Biden’s Bureau of Alcohol, Tobacco, Firearms Director Steven Dettelbach seems to know as much about guns as Democrat-nominated Supreme Court justices. As ATF head, Dettelbach, who was confirmed in 2022 with …

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