UAE Launches Project to Become “World’s Best” Country

UAE Launches Project to Become “World’s Best” Country






UAE Launches Project to Become “World’s Best” Country The project’s objectives center on education, economy, government development and community cohesion The UAE’s Cabinet has launched the 2071 Centennial project to make the country the best in the world 100 years after its founding. The plan was revealed by is Highness Sheikh Mohammed Bin Rashid Al […]






US Existing Home Sales Fall 3.7% From January High

US Existing Home Sales Fall 3.7% From January High






US Existing Home Sales Fall 3.7% From January High $DIA, $SPY, $QQQ, $VXX US home resales fell more than expected in February on a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors (NAR) said Wednesday existing home sales declined 3.7% to a […]






Focus on the “Mind-blowing” Opportunities of the US Economy

Focus on the “Mind-blowing” Opportunities of the US Economy






Focus on the “Mind-blowing” Opportunities of the US Economy The $60-B Scottish Fund managed owned by Aegon NV is ignoring talk of a rise in protectionism/populism under US President Donald Trump to focus on the “mind-blowing” opportunities of the world’s biggest economy, the US is a “huge market.” The firm has virtually no assets under […]






US Housing Starts +3%, Led by Single-family Homes

US Housing Starts +3%, Led by Single-family Homes






US Housing Starts +3%, Led by Single-family Homes $DIA, $SPY, $QQQ, $VXX US home builders broke ground on new homes at a faster pace in February, signalling developers expect solid sales growth this year despite higher mortgage rates. Housing starts rose 3% last month to a seasonally adjusted annual rate of 1.3-M, the US Commerce […]






FOMC Raised Rates, Yellen Not Worried About Downside Risks

FOMC Raised Rates, Yellen Not Worried About Downside Risks






FOMC Raised Rates, Yellen Not Worried About Downside Risks The FOMC raised interest rates Wednesday, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target. The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent […]






China’s Growth an Example for the World

China’s Growth an Example for the World






China’s Growth an Example for the World China’s growth has benefited from innovation, people-centered ideology, stability, infrastructure upgrades and globalization, which can serve as an example for other economies, experts said. “China’s economy has stabilized and showed more signs of warming, thanks to new growth policies, structural reform and policy innovations,” said Cai Jiming, professor […]






Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks

Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks






Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks $DIA, $SPY, $QQQ, $VXX Goldman Sachs Group (NYSE:GS) is joining the rush on Chinese shares, becoming the latest major brokerage to upgrade the market thanks to mounting evidence of strength in the largest Asian economy. The bank’s strategists are now overweight Chinese stocks, with their 12-month […]






China Unicom (Hong Kong) Limited (HKG:0762) CUniq Now in USA

China Unicom (Hong Kong) Limited (HKG:0762) CUniq Now in USA






On March 3, 2017, China Unicom Global Limited (“CUG”) launched “CUniq” mobile virtual network operator (“MVNO”) business in America, marking another milestone of CUG’s MVNO services development in overseas market since the successful launch of “CUniq” MVNO in Europe on December 2016. This unveiling marks CUG MVNO business has officially expanded its mobile service into […]






Australia’s Resource Rich Economy Avoids Recession

Australia’s Resource Rich Economy Avoids Recession






Australia’s Resource Rich Economy Avoids Recessio Australia’s resource-rich economy avoided recession by posting strong growth in Q-4, helped by surging commodity prices. GDP grew by 1.1% in Q-4 from the 3rd, and by 2.4% from a year earlier, Q-3 GDP was not revised from an initially reported fall of 0.5%. Economists had expected 0.8% growth […]






Hong Kong Economic Update

Hong Kong Economic Update






HSI HANG SENG INDEX closed down -48.420 at 23,728.070. Volume was 24% above average (neutral) and Bollinger Bands were 10% narrower than normal. Open High Low Close Volume___ 24,044.48024,080.86923,694.33023,728.0702,111,361,280 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 23,959.63 23,032.70 22,401.93 Volatility: 10 12 17 Volume: 1,909,525,248 […]






Expect US Financial Market to Hold with DJIA 22,000 Possible

Expect US Financial Market to Hold with DJIA 22,000 Possible






Expect US Financial Market to Hold, DJIA 22,000 Next? $DIA, $SPY, $QQQ, $VXX The DJIA has risen about 14% since the November 8 Presidential election marking an  intrday high of 20,851.33. That’s within 6% of 22,000, the next round number (resistance) that investors and traders are looking at. “I think 22,000 is what is justified […]






The American Economy is Being “Unmuzzled”

The American Economy is Being “Unmuzzled”






The American Economy is Being “Unmuzzled” Virtually the whole world is beating up on The Trump Administration for daring to predict that low marginal tax rates, regulatory rollbacks, and the repeal of Barack Obamacare will generate in the years ahead economic growth of between 3% and 3.5%. In a TV interview last week, Treasury Secretary […]






US President Donald Trump’s Economic Plan to Spur GDP

US President Donald Trump’s Economic Plan to Spur GDP






US President Donald Trump’s Economic Plan to Spur GDP $DIA, $SPY, $QQQ, $VXX Economic experts now believe that the Trump White House estimates of economic growth of 3 to 3.5% are actually “too conservative” and the economy is poised to expand much faster than that. “With Reagan, we put up 4% growth rates coming out […]






Inflationary Pressures Loom in China, as Economy Firms

Inflationary Pressures Loom in China, as Economy Firms






Inflationary Pressures Loom in China, as Economy Firms Accelerated consumer and industrial prices growth indicates nascent inflationary pressure on the Chinese economy, despite the good start to Y 2017. The CPI (consumer price index) rose 2.5% Y-Y last month, fractionally above market expectations of 2.4% and the strongest in 2.5 years. Meanwhile, industrial inflation expanded […]






The US “War on Business” is Over in The Age of Trumpism

The US “War on Business” is Over in The Age of Trumpism






The US “War on Business” is Over in The Age of Trumpism $SPY US President Donald Trump’s coming incentive-based tax policy will show that former President’s Bill Clinton’s and Barack Hussein-Obama’s war on business is over and American companies will be rewarded, not punished by over burdening and unnecessary government regulation. “The business tax rates […]






China’s Economic Recovery Spurs Luxury Buying

China’s Economic Recovery Spurs Luxury Buying






China’s Economic Recovery Spurs Luxury Buying $COH, $SWGAY, $LVMHF China’s recent recovery in luxury spending may boost sales of department-store operators and high-end retailers in the country, according to global ratings agency Fitch. Reports from international brands such as Coach (NYSE:COH), Swatch (OTCMKT:SWGAY) and LVMH (OTCMKT:LVMHF) suggest luxury spending in China is beginning to pick […]






Market Analysts Believe President Trump Will Deliver on His Promises

Market Analysts Believe President Trump Will Deliver on His Promises






Market Analysts Believe President Trump Will Deliver on His Promises $DIA, $SPY, $QQQ, $VXX Savvy stock market watchers believe that US President Donald Trump will deliver on market-friendly policies. President Trump’s plan to reduce government regulation, if implemented, could have a strong effect on stocks, meaning that the US stock market could add another 10% or […]






Lackluster US Wage Growth Hobbles Fed on Interest Rate Hikes

Lackluster US Wage Growth Hobbles Fed on Interest Rate Hikes






Lackluster US Wage Growth Hobbles Fed on Interest Rate Hikes Mohamed El-Erian, Allianz SE’s chief economic adviser, said l Lackluster wage growth in the US to hobble the Fed in here and halt the raising interest rates. The figure on pay is “disappointing,” Mohamed El-Erian said Friday in a TV inerview. “This will make the […]






EU Calls On China to Help Rebuild its Struggling Economy

EU Calls On China to Help Rebuild its Struggling Economy






EU Calls On China to Help Rebuild its Struggling Economy Cooperation with China could help the European Union (EU) to rebuild and strengthen its economy, National Bank of Hungary Governor Gyorgy Matolcsy said Monday. The EU needs to build political, intellectual, financial and human bridges between the EU and China, he said at the Lamfalussy […]






Janet Yellen, “Makes sense to raise rates gradually.”

Janet Yellen, “Makes sense to raise rates gradually.”






Janet Yellen, “Makes sense to raise rates gradually.” $DIA, $SPY, $QQQ, $VXX With the US economy close to full employment and inflation headed toward the Fed’s 2% goal, it “makes sense” for the US central bank to gradually lift interest rates, Fed Chairwoman Janet Yellen said Wednesday afternoon. “Waiting too long to begin moving toward […]






Gallup: Confidence in a Trump Economy Rising

Gallup: Confidence in a Trump Economy Rising






Gallup: Confidence in a Trump Economy Rising $BAC A new Gallup Poll reveals that the American peoples’ views of the economy has brightened following the November Presidential elections as Donald Trump prepares to take over the Oval Office. “This positive swing mostly stems from surging confidence among Republicans and independents who lean Republican, whose index […]






China’s President to Address Economic and Global Issues at 47th WEF at Davos

China’s President to Address Economic and Global Issues at 47th WEF at Davos






China’s President to Address Economic and Global Issues at 47th WEF at Davos President Xi Jinping will discuss the latest developments in China’s economy and more inclusive globalization during his 1st visit to the Davos Summit. Vice Foreign Minister Li Baodong told a press briefing Wednesday that Xi’s presence at the 47th World Economic Forum […]






Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy

Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy






Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy US President Elect Donald Trump’s tax cuts and spending plans could deliver a strong shot in the arm to the US economy, lifting growth around the world, although uncertainty about his trade policies adds to the risks, that according to the World Bank (WB). The Trump Admin […]






Ford (NYSE:F) Abandons Plant, Turns Mexican State into “Wasteland”

Ford (NYSE:F) Abandons Plant, Turns Mexican State into “Wasteland”






Ford (NYSE:F) Abandons Plant, Turns Mexican State into “Wasteland” $F, $GM, $TM Ford Motor Co.’s (NYSE:F) abrupt move to scrap a planned $1.6-B car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump’s agenda poses to the country’s broader economy. […]






Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy

Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy






Mexico’s Peso Hammered as Donald Trump Explains “Wall” Policy $MXNUSD, $F, $GM, $TM Mexico propped up the Peso Thursday by selling at least $1-B in US currency in morning trading in an attempt to ease the prospect that President Elect Donald Trump’s policies will hurt the economy. Traders said that Mexico’s central bank made the […]






China’s Manufacturing Expands for 5th Month Running

China’s Manufacturing Expands for 5th Month Running






China’s Manufacturing Expands for 5th Month Running Activity at China’s factories slowed in December but still marked the 5th consecutive month of expansion in the latest sign that the world’s #2 economy is stabilizing. The monthly PMI (purchasing managers’ index) by the Chinese Federation of Logistics and Purchasing was 51.4 in December, the 2nd highest […]






US Housing Outlook Brighter The Street Thought

US Housing Outlook Brighter The Street Thought






US Housing Outlook Brighter The Street Thought New US single-family home sales rose more than expected in November and consumer sentiment is near at 12-year highs, strengthening the view that the economy will gain more momentum in Y 2017. President Elect Donald Trump’s plan to cut taxes and increase infrastructure spending is expected to boost […]






Refusal to Grant China Market Economy Status Violates Contract Spirit

Refusal to Grant China Market Economy Status Violates Contract Spirit






Refusal to Grant China Market Economy Status Violates Contract Spirit The Japanese government early this month broke its own promise made 15 years ago by refusing to grant China MES (market economy status) showing once again to the international community that Tokyo simply cannot keep its word. According to the Article 15 of the Protocol […]






US Consumer Confidence at 12 Year Highs

US Consumer Confidence at 12 Year Highs






US Consumer Confidence at 12 Year Highs Consumer confidence jumped to the highest level since Y 2004, extending Americans’ optimism for their finances and the US economy following Donald Trump’s Presidential election victory. The University of Michigan said Friday that its MSI (final index of sentiment) rose to 98.2 from 93.8 in November. The median […]






China is Prepared to Manage Difficult Eocnomic Balancing Act

China is Prepared to Manage Difficult Eocnomic Balancing Act






China is Prepared to Manage Difficult Economic Balancing Act China is facing a difficult balancing act and is set to keep up the good work. Stability and reform are the 2 Key words of the thousands-word statement released after the Central Economic Work Conference, which put “seeking progress while maintaining stability” at the core theme. […]






Chinese Economy Faces Opportunities & Challenges

Chinese Economy Faces Opportunities & Challenges






Chinese Economy Faces Opportunities & Challenges The Chinese economy boasts a lot of opportunities to move forward despite concerns of a growth slowdown, economists and experts told a forum Friday. At the 6th Conference on the Chinese Capital Markets held by the New York University’s Center on US-China Relations, they also saw great growth potential […]






Carl Icahn, “Donald Trump doing things that lead to a better economy.”

Carl Icahn, “Donald Trump doing things that lead to a better economy.”






Carl Icahn, “Donald Trump doing things that lead to a better economy.” $AZO, $AMZN Investment guru Carl Icahn said Thursday, that US President Elect Donald Trump’s accomplishments before he has even officially entered the Oval Office point to a “much, much better economy.” So promising, in fact, that the billionaire activist investor admits he should […]






US Healthcare Spending Grew Faster Than Economy Under Obama

US Healthcare Spending Grew Faster Than Economy Under Obama






US Healthcare Spending Grew Faster Than Economy Under Obama The USA’s healthcare bill grew at the fastest rate in 8ht years in Y 2015, driven by the coverage expansion in President Barack Hussein Obama’s law (ACA) and by costly Rx drugs, the government said recently. The growth of 5.8% in Y 2015 boosted total healthcare spending […]






China Trying to Halt Capital Outflows, Market Bears “Smell Blood”

China Trying to Halt Capital Outflows, Market Bears “Smell Blood”






China Trying to Halt Capital Outflows, Market Bears “Smell Blood” $USDCNY China’s increasingly aggressive measures to clampdown on capital outflows has not gone unnoticed by US hedge-fund manager Kyle Bass. Mr. Bass is famed for his successful bet against the US housing market in the global financial crisis of Y’s 2007-2008, so markets monitor his […]






Auto Industry Will Push for Rollback of Fuel Economy Regulations

Auto Industry Will Push for Rollback of Fuel Economy Regulations






Auto Industry Will Push for Rollback of Fuel Economy Regulations $F FoMoCo (NYSE:F) plans to push President Elect Donald Trump to soften US and state fuel-economy rules that hurt profits by forcing automakers to build more EV’s (electric cars) and hybrids than are warranted by customer demand. In Y 2008, there were 12 EVs offered […]






Key Tasks for China’s Supply-side Structural Reform

Key Tasks for China’s Supply-side Structural Reform






Key Tasks for China’s Supply-side Structural Reform It has been 1 year since supply-side structural reform was first mentioned at China’s top government economic meetings last November. The central tenet of the reform is to rebalance the Chinese economy from the investment/export driven to a more balanced and long-term growth model, so that its growth […]






November Ends With a Bright Economic Outlook

November Ends With a Bright Economic Outlook






November Ends With a Bright Economic Outlook As November ends, the message from the financial markets is clear, the outlook for the US economy looks brighter across the board. Very few predicted these developments, but I did, which speak to the enormous fluidity that has taken over markets and politics and that signals the end […]






Financial Markets Love Donald Trump, as Obama Fades to Black

Financial Markets Love Donald Trump, as Obama Fades to Black






Financial Markets Love Donald Trump, as Obama Fades to Black $DIA, $SPY, $QQQ, $VXX The stock market’s rise to record highs after Donald Trump’s Presidential victory shows that investors are optimistic that the economy will improve as President Barack Hussein Obama leaves office. “His promise to cut both corporate taxes and red tape will translate […]






US Stocks Finished Flat to Unchanged on High Volume

US Stocks Finished Flat to Unchanged on High Volume






US Stocks Finished Flat to Unchanged on High Volume $DIA, $SPY, $QQQ, $VXX US stocks came back from an early losses and finished flat to unchanged Monday. Technology companies like Apple (AAPL) and Microsoft (MSFT) saw big losses on fears about their overseas revenue, but bank stocks continued to rise along with bond yields. Technology […]






Donald Trump’s Win Hammers Carlos Slim By $5-1-B

Donald Trump’s Win Hammers Carlos Slim By $5-1-B






Donald Trump’s Win Hammers Carlos Slim By $5-1-B Mexico’s wealthiest person lost $5.1-B in the wake of Donald Trump’s upset victory over Democratic rival Hillary Clinton. Carlos Slim, who is 5th-richest in the world, shed 9.2% of his fortune after the Mexican Peso’s deep dive on the news. Mr. Slim led declines of $41-B on the Billionaires Index […]






China’s High Earning Consumers Raidly Expanding

China’s High Earning Consumers Raidly Expanding






China’s High Earning Consumers Raidly Expanding China’s pool of high-earning consumers is set to surge in the next 15 years, their household spending growing to be greater than the EU’s current level, a report showed. The number of people earning more than $10,000 per year is expected to grow to around 480-M by Y 2030, […]






Pauline Hanson Outlines Australian Economic Policy

Pauline Hanson Outlines Australian Economic Policy






Pauline Hanson Outlines Australian Economic Policy Australia needs our honesty, courage and persistence Economics is about people. And trust. When the rules are fair, honest and stable people have the confidence to start and grow their business and employ people to deliver a strong independent economy that creates prosperity for all households. One Nation candidates […]






Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce

Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce






Obama’s Jobs Legacy: Near-Record 94.6-M Americans Not in Workforce A near record high of 94,609,000 Americans are not in the labor force, 425,000 more than last month’s 94,184,000, and the 2nd highest number on record. When US President Barack Hussein Obama took office in January 2009, 80,529,000 Americans were not in the labor force, and […]






FBI’s Announcement on Hillary Clinton Investigation Knocks Stocks off Highs

FBI’s Announcement on Hillary Clinton Investigation Knocks Stocks off Highs






FBI’s Announcement on Hillary Clinton Investigation Knocks Stocks off Highs $DIA, $SPY, $QQQ, $VXX The US economy grew at a 2.9% in Q-3, the strongest pace in 2 years, as businesses began restocking their shelves at a faster pace. The Q-3 US GDP (gross domestic product), the broadest measure of economic health, was 2X the […]






  Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers

  Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers






Australia’s Economy Showing Resilience to Commodity Slump, Risk Lingers $MCO Australia’s economy is continuing to display resilience to commodity price declines, however external financing risks do linger, global ratings agency Moody’s Investor Services said Wednesday. Australia’s growth should continue to outpace its commodity exporting triple-A (stable) rated peers New Zealand, Canada and Norway over the […]






Economic Watch Shows China’s Economy is Stable

Economic Watch Shows China’s Economy is Stable






Economic Watch Shows China’s Economy is Stable China’s rising M-M inflation and narrower decline in producer prices in August have provided fresh evidence of a steadying economy, experts said. China’s consumer price index (CPI), a main gauge of inflation, rose 0.1% in August on a M-M basis, the National Bureau of Statistics (NBS) announced last […]






Huge Risk Facing the Global Economy

Huge Risk Facing the Global Economy






Huge Risk Facing the Global Economy Global economy continued to face uncertainty and rising risks, Lou Jiwei, China’s Finance Minister, said on behalf of the G20 economies Friday. Uncertainty and risks, including elections in major economies, uncertain fallout of Brexit, rising expectation for rate hikes by the Federal Reserve, increased geopolitical risks and terrorist attacks, […]






Gold Outlook: Do Not See Fed Interest Rate Increase in 2016

Gold Outlook: Do Not See Fed Interest Rate Increase in 2016






Gold Outlook: Do Not See Fed Interest Rate Increase in 2016 $GLD A US Fed interest-rate increase this year should not shake investors’ faith in Gold, according to Australia’s 2nd-largest producer. Bullion is trading near the lowest level in more than 3 months. Prices fell on speculative worries that central banks are ready to curb […]






“Do Not Be Fooled, There is No Economic Recovery”

“Do Not Be Fooled, There is No Economic Recovery”






“Do Not Be Fooled, There is No Economic Recovery” $GLD Peter Schiff, CEO of Euro Pacific Capital, advises that savvy investors should not be fooled by reports of any economic recovery. And the same investors should continue to buy Gold despite the pullback. “I’m certain that all this talk about a recovery is wrong,” Mr. […]






Dubai, Sheikh Mohammed Unveils UAE Strategy for the Future

Dubai, Sheikh Mohammed Unveils UAE Strategy for the Future






Dubai, Sheikh Mohammed Unveils UAE Strategy for the Future Under the strategy future prototypes for sectors including healthcare, education, social development and the environment will be developed UAE Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has launched the UAE Strategy for the Future, designed […]






Fed May Follow BOJ and Buy Stock in Move Toward Socialism

Fed May Follow BOJ and Buy Stock in Move Toward Socialism






Fed May Follow BOJ and Buy Stock in Move Toward Socialism $GLD, $SLV People are worried there is a real possibility of the US Fed will follow in the Bank of Japan’s lead and begin buying stocks. “My biggest concern is government ownership of stocks. Stocks are companies, is that not government ownership of companies? […]






Bank of Shanghai to Float a Public Offering

Bank of Shanghai to Float a Public Offering






Bank of Shanghai to Float a Public Offering Bank of Shanghai has been given permission for an IPO on the Shanghai bourse, the latest of China’s small and medium-sized lenders to go public after nearly a decade of approval suspension. The China Securities Regulatory Commission (CSRC) announced the decision Friday evening. According to the bank’s […]






IMF Calls National Trade Barriers ‘Economic Malpractice’

IMF Calls National Trade Barriers ‘Economic Malpractice’






IMF Calls National Trade Barriers ‘Economic Malpractice’ Wednesday, International Monetary Fund (IMF) Managing Director Christine Lagarde said the institution would lower its Y 2016 US growth forecast again and called policies that restrict trade “economic malpractice” that would inhibit growth. Ms. Lagarde, in prepared remarks at Northwestern University ahead of next week’s IMF and World […]






The US Economy is Not Recovering

The US Economy is Not Recovering






The US Economy is Not Recovering Despite US media’s trumpeting the Obama Admin’s numbers lauding the so-called “recovering” US economy, a new Gallup report said that is not true. There is a Big Problem: The deaths of small businesses under the Obama Administration outnumbered their births. That is because there has been much long-term degradation […]






China Announces Major Projects to Boost Growth

China Announces  Major Projects to Boost Growth






China Announces Major Projects to Boost Growth Provincial projects worth more than $149.25-B were launched this week as China strives to boost growth, Shanghai Securities News reported Friday. The projects are mostly infrastructure-related, with the southwest province of Sichuan introducing nine highway projects worth RMB Yuan 128.8. The Inner Mongolia Autonomous Region in the north […]






Alan Greenspan’s Credibility is an Accident that is still Happening

Alan Greenspan’s Credibility is an Accident that is still Happening






Alan Greenspan’s Credibility is an Accident that is still Happening $DIA, $SPY, $QQQ, $VXX In a article last week, the former Fed Chairman is quoted to be worried about the “crazies.” For some unknown reason, former Federal Reserve Chairman Alan Greenspan’s, 90 anni, opinions are still taken seriously. No one person has done more to […]






Economy Tops List of US Voters Concerns

Economy Tops List of US Voters Concerns






Economy Tops List of US Voters Concerns With the first US presidential debate looming, the economy leads the long list of top concerns for Americans, a Gallup Poll revealed  Friday. Economy continues to lead the list at 14%, followed by dissatisfaction with government, at 11%, and jobs and unemployment, also at 11%, the 7-11 September […]






London Fashion Week Opens, Big Names on the Catwalk

London Fashion Week Opens, Big Names on the Catwalk






London Fashion Week Opens, Big Names on the Catwalk The Fashion Spotlight is on London Fashion Week, with a series of shows planned for the days ahead. The focus will be on British Style and creativity, but will include many contributors from other parts of the world. Friday’s lineup included Paul Costelloe, Aquascutum, Bora Aksu […]






US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August






US Manufacturing Output Disapointed in August $DIA, $SPY, $QQQ, $VXX US factory production fell in August on cutbacks in appliances, home electronics and machinery. This threatens the market’s hopes for a manufacturing rebound after 2 prior months of gainers. The US Fed said Thursday factory production dropped 0.4% in August, after an increase of 0.4% […]






Weak Crude Oil Prices Mirror US’s Weak Economy

Weak Crude Oil Prices Mirror US’s Weak Economy






Weak Crude Oil Prices Mirror US’s Weak Economy $DIA, $SPY, $QQQ, $VXX, $USO Late last month the US Energy Information Administration (EIA) reported that it was overstating domestic demand for Crude Oil and energy products to a “considerable degree”. Using imprecise and lagging data, the calculations for the amount of product being exported overseas was […]






The US Has “Tremendous Power”over China

The US Has “Tremendous Power”over China






The US Has “Tremendous Power”over China Donald Trump says the United States has “tremendous power” over China because the world’s 2nd-largest economy depends on American prosperity and because of Beijing’s ownership of a staggering amount of US debt. “They suck the blood out of us and we owe them money,” Donald Trump said Monday. “We […]






Greek PM, “Economy recovering” Calling Investors to Seize Opportunities

Greek PM, “Economy recovering” Calling Investors to Seize Opportunities






Greek PM, “Economy recovering” Calling Investors to Seize Opportunities Saturday, Greek Prime Minister Alexis Tsipras urged investors to invest in his country which is recovering and moving to the period of growth. He made the remarks when presenting his government’s roadmap to the post-crisis future during a keynote speech at the opening of the 81st […]






The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy






The US Fed has Not Delivered on the Economy The US Fed is stuck to actions devised by Ben S. Bernanke that have not worked to restore strong economic growth since the Great Recession The US central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments […]






Fed ‘Beige-Book, “US Economy Has Slowed”

Fed ‘Beige-Book, “US Economy Has Slowed”






Fed’s ‘Beige-Book, “US Economy Has Slowed” $DIA, $SPY, $QQQ, $VXX The economy grew at a slowed pace this past Summer in 8 of the Federal Reserve’s 12 US  districts, a slowdown from prior reports that will make US Fed policymakers cautious about an interest rate hike anytime soon. The Fed’s ‘Beige Book’ survey of business […]






Huge National Debt “Blunts” Prospect for US Economic Growth

Huge National Debt “Blunts” Prospect for US Economic Growth






Huge National Debt “Blunts” Prospect for US Economic Growth $DIA, $SPY, $QQQ, $VXX “Be warned, The steady stream of federal red ink is getting to be a deeper shade of Red.”– Barron’s As increases in annual US budget gap add to national debt, blunt prospects for economic growth, and bode badly for America’s financial future. […]






China’s Resolution Gives Hope to World’s Economy

China’s Resolution Gives Hope to World’s Economy






China’s Resolution Gives Hope to World’s Economy China’s ambition to advance reform and maintain medium to high growth has injected hope and stability into the world economy, experts say. Addressing the opening ceremony of the Business 20 Summit in Hangzhou, Chinese President Xi Jinping reassured the world’s business leaders that China can realize strong growth […]






Business 20 Summit Promotes Green Finance

Business 20 Summit Promotes Green Finance






Business 20 Summit Promotes Green Finance The Business 20 (B20) Summit, which was attended by business leaders and officials including those from the Group of 20 (G20) economies, came to an end Sunday with many consensuses and results, especially a policy recommendation report. The 2-day event, which was scheduled Saturday and Sunday ahead of the […]






Donald Trump, “We have a very false economy”

Donald Trump, “We have a very false economy”






Donald Trump, “We have a very false economy” Donald Trump reiterated his hardline approach on the deportation of “a huge number” of illegal immigrants, vowing Monday, if elected, “they’re going out so fast your head would spin.” In his remarks Donald Trump described his intention to reporters traveling on his plane with him to a […]






G20 Summit to Boost Global Trade and Investment

G20 Summit to Boost Global Trade and Investment






G20 Summit to Boost Global Trade and Investment China sent a not so subtle message to Barack Hussein Obama on landing in China for the G20 Summit. Several documents that are likely to be ratified at the upcoming Group of 20 Summit (G20 Summit) will promote trade facilitation, curb protectionism and boost cross-border investment, an […]






Financial Markets Running on “Hope” for Continuing Stimulus

Financial Markets Running on “Hope” for Continuing Stimulus






Financial Markets Running on “Hope” for Continuing Stimulus $DIA, $SPY, $QQQ, $VXX In this world of easy money, where the markets hope the near-Zero interest rate policies to continue, there really should be hope for a growing not stagnant economy. This week;s economic reports have been dominated by a very strong consumer confidence report. The […]






US Fed “Mastering the Art of Market Manipulation”

US Fed “Mastering the Art of Market Manipulation”






US Fed “Mastering the Art of Market Manipulation” $DIA, $SPY, $QQQ, $VXX Ace bond investor Bill Gross ramped up his criticism of the US Fed Wednesday, characterizing its Chairwoman Janet Yellen and her predecessors and contemporaries at other central banks of mastering “the Art of Market Manipulation.” Mr. Gross writes: “All have mastered the Art […]






The US Government’s Economic Growth Numbers are Wrong

The US Government’s Economic Growth Numbers are Wrong






The US Government’s Economic Growth Numbers are Wrong Harvard Economist Martin Feldstein warned Friday that the US government’s measure of economic growth is always wrong, regardless of the official number. The US economy grew less than previously reported last Quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish 1-H performance […]






G-20 Summit Should Champion Innovation and Development

G-20 Summit Should Champion Innovation and Development






G-20 Summit Should Champion Innovation and Development The coming Group of 20 (G-20) Summit of the world’s leading economies should champion innovation and greater integration as a means of achieving sustainable economic development. In the lead up to the 4-5 September summit in Hangzhou, China, Argentina’s President Marci spoke about what’s on the agenda of […]






There is ‘Gloom & Doom’ in the Eurozone Business Sector

There is ‘Gloom & Doom’ in the Eurozone Business Sector






There is ‘Gloom & Doom’ in the Eurozone Business Sector While the Eurozone economy has proved resilient to multiple uncertainties such as Brexit, Key business surveys in Europe’s 2 biggest economies, Germany and France has poured a bucket of cold water on the rising optimism. The Ifo Business Climate Index, which is a highly-regarded early […]






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