Independent thinking for complex markets and current events
Reflecting on 1980’s economic conditions reveals striking similarities with today’s environment, from soaring interest rates to a divided economy. Key points: Fed Chair Paul Volcker raised the Fed Funds Rate to 14% by January 1980, with mortgage rates peaking near 20%. Despite high rates, home prices remained high due to stubborn sellers, demographic trends, and …
Traders build largest short position on Emerging Market Dollar Bonds in more than a decade pic.twitter.com/U9o9M39LYF — Win Smart, CFA (@WinfieldSmart) April 10, 2024 The recent financial tremors emanating from China have sent shockwaves through global markets. Traders are exhibiting unprecedented caution, as evidenced by the largest short position on Emerging Market Dollar Bonds in …
Gold has officially achieved its highest closing price in history, marking a significant yet largely unnoticed macro move. The record-breaking ascent of gold prices, now firmly above $2,060, is attributed to a weak US Dollar, lower Treasury yields, Fed easing expectations, and geopolitical tensions in the Middle East. The surge in gold prices reflects broader …
WOAH: Lifelong Democrat operative who fundraised for Joe Biden and Bernie Sanders DEFECTS Party, Registers as REPUBLICAN to vote for TRUMP pic.twitter.com/po7YJNNp9q — Benny Johnson (@bennyjohnson) December 12, 2023
BRICS gains increased significance in the global commodities landscape as they collectively contribute to 42% of global oil production, 68% of global coal production, and 38% of global natural gas production. In 2024, BRICS (Brazil, Russia, India, China, South Africa) is going to be joined by 6 nations, namely: 1. Iran2. Saudi Arabia3. UAE4. Egypt5. …
The global economic landscape is sounding alarm bells. 🌍 World manufacturing PMIs GDP weighted 47.6 Deeper in #recession territory! Chart: @PkZweifel pic.twitter.com/SycowQ6W06 — Alex Joosten (@joosteninvestor) November 8, 2023
Central banks globally bought 337 tons of gold in Q3 2023, part of a broader trend. China, the top global gold producer, purchased 181 tons during the first nine months of 2023, contributing to a total of 800 tons acquired by central banks worldwide. This aligns with China’s strategy to reduce its reliance on the …
by bitkogan Today, major indices in both Hong Kong and mainland China plummeted to their 2023 lows, leaving many in China bewildered. Just a fortnight ago, state-run media outlets heralded a revival in the capital market and a surge in investment confidence. They underscored the significance of allowing the populace to earn from stock market …
https://www.youtube.com/watch?v=u9TBs8-ddmc The nightmare in the retail sector never seems to end, and now Amazon, the second largest online and physical retailer in the world, is giving up on its brick-and-mortar operations, according to a new report and warnings issued by the company’s CEO Andy Jassy. Its stores continue to disappear amid the most dramatic shift …
via CBSNEWS: “The risks of doing business in China are increasing for foreign companies. The offices of Capvision, a consulting firm with offices in New York and Shanghai, and two American firms have been raided in recent weeks as Chinese authorities exercise their power under a new security law.” Beijing won’t crack down hard enough …
via naturalnews: A takeover is happening across the American Midwest as so-called “green” energy companies abuse eminent domain laws to rob and seize people’s private property in order to turn it into pipelines for the capture and removal of carbon dioxide (CO2) emissions. The latest affront is occurring in South Dakota, where a company called Summit Carbon …