Independent thinking for complex markets and current events
The Wall Street Journal has recently report that due to China’s economy continuing to stumble and rocky relations with the United States, billions of dollars have been pulled out by international investors citing numerous concerns. The Shanghai and Shenzhen exchanges in China have seen $24 billion leave the market through a trading link in Hong …
As we approach the new year, a shift toward credit risk is expected, replacing interest-rate concerns, according to Mohamed El-Erian. The recent steep drop in October’s Producer Price Index (PPI), the largest since April 2020 during the Covid lockdown, heightens worries. Fitch predicts ongoing challenges for US regional banks in 2024, and with earning trends …
The financial outlook in the United States is deeply concerning. The bottom 20% of workers are allocating a staggering 80% of their income to essential goods like food, highlighting the stark inequality. Even those earning $150,000 or more a year are living paycheck to paycheck, relying on credit cards to make ends meet. Excess savings, …
Live overlooking the Gaza City skyline after the ruling Hamas militant group in the Gaza Strip carried out an unprecedented attack on Israel at daybreak Saturday, firing thousands of rockets as dozens of fighters infiltrated the heavily fortified border in several locations by air, land and sea, catching the country off guard on a major …
Yoshitaka Shindo, who assumed the cabinet post earlier this month, said that because China accounts for nearly a fifth of Japan’s exports, the Chinese economic troubles could cause Japan’s economy to move a notch downward. Potentially, “the impact is really big” given China’s central role in the global economy, Shindo said in a group interview …
by bitkogan Bloomberg has reported, citing a study by Propel Inc., that a growing number of low-income Americans are struggling to make ends meet—falling behind on rent and having difficulty affording food. This is happening even as inflation appears to be slowing down. These developments could indicate that the strategy of “helicopter money,” or pumping liquidity …
The rising mismatch between electric vehicle supply and demand is showing up at car dealerships as unsold EVs stack up. Dealerships tell Bussiness Insider that EV supply from automakers has been turned away as demand cools. Rising EV inventories and a Tesla-fueled price war could signal the beginnings of a pause in growth for the …
pic.twitter.com/uX9VoRGdXK — Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023 Does anyone remember August 2015 – Yuan deval? Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at the same time. So why not just let the currency do the heavy lifting? pic.twitter.com/fAcHUIQMhH …
More than $500 million worth of major Sydney housing development projects are poised to hit the market as fugitive Jean Nassif’s failed property empire is rapidly dismantled by major lenders seeking quick sales to recoup debt. Thousands of anxious apartment owners living in Toplace buildings are concerned that nothing will be left over for them …
We don’t have leaders. We have puppets and puppet masters. pic.twitter.com/r9Eh1UvmqG — End Wokeness (@EndWokeness) July 26, 2023 In America we have people making policy who will never lie to see the end results of. We need mandatory retirement for government officials in politics. That includes Trump, Biden, Pelosi, and McConel. The same politicians who …
Senator John Fetterman on the I-95 bridge collapse in Philadelphia: "I, uh, would just, um, really like to, you know — the 95, 95, 95. You know?" pic.twitter.com/QN84NhBmpS — RNC Research (@RNCResearch) June 16, 2023