Economy
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Market Talk – March 18, 2024
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 1,032.80 points or 2.67% to 39,740.44 Shanghai increased 30.29 points or 0.99% to 3,084.93 Hang Seng increased 16.23 points or 0.10% to 16,737.12 ASX 200 increased 5.50 points or 0.07% to 7,675.80 Kospi increased 19.00 points or 0.71% to 2,685.84 SENSEX increased 104.99 points or…
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How 14 years have shown the impossibility of shrinking the UK state
The Budget was predictable, and predictably boring. Hunt cut taxes, but the tax burden is still rising because of the tax increases already programmed in. Furthermore, he was only able to make the tax cuts he did (i.e. reduce the extent of tax increases) because he had previously pencilled in assumptions about public spending that were fantastically low. You…
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Market Talk – March 4, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 198.41 points or 0.50% to 40,109.23 Shanghai increased 12.29 points or 0.41% to 3,039.31 Hang Seng increased 6.53 points or 0.04% to 16,595.97 ASX 200 decreased 9.80 points or -0.13% to 7,735.80 Kospi increased 31.91 points or 1.21% to 2,674.27 SENSEX increased 66.14 points or…
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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. Here we are at…
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Get Out of NY Before It’s Too Late
I cannot stress enough that many businesses have been put on notice – get the hell out of NY ASAP! After Judge Engoron’s ruling, even the absurd Democrat Governor Kathy Hochul has been forced to come out because of rumblings of mass migration from NYC to Florida, where companies are welcome and there is no State Income Tax. There have been…
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One Rule to bring them all, and in the darkness bind them
What a future Labour government will be able to do in terms of repairing both our broken public services, our broken economy, and getting cheaper green energy will depend in part on its decisions about fiscal rules. [1] When hopes and expectations are frustrated as a result of these rules, you will hear a lot about how such rules are neoliberal…
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Market Talk – February 5, 2024
ASIA: Japan’s economy likely returned to growth in the October-December period, helped by a slight pick-up in foreign demand, although analysts warned that private consumption remained fragile, a Reuters poll showed on Friday. The expected return to expansion, albeit modest, would come as the Bank of Japan debates the likelihood of a near-term exit from its massive stimulus program…
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Market Talk – January 29, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 275.87 points or 0.77% to 36,026.94 Shanghai decreased 26.87 points or -0.92% to 2,883.36 Hang Seng increased 125.01 points or 0.78% to 16,077.24 ASX 200 increased 23.00 points or 0.30% to 7,578.40 Kospi increased 22.09 points or 0.89% to 2,500.65 SENSEX increased 1,240.90 points…
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Alex Soros Is A Nut Job – Implies Assassinating Trump
Anyone who does not know had better open their eyes. Alex Soros is FAR WORSE than his father – FAR WORSE than you can ever imagine. He lacks the school of hard knocks and is spoiled with money that has made him think he is Superman and above the law. This image of $47 and a bullet hole implying to…
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If the next government isn’t diverting resources to investment then it will be giving up on our future
To prove you are not a robot, click on the cars in this picture. You might be surprised that this blog has featured the causes and consequences of flooding over half a dozen times. However this is the first time I have been able to illustrate one of these posts with a picture taken five minutes walk from my…
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