Economy
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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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