$GM, $USO US factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end of the General Motors (NYSE:GM) strike, in a sign of stabilization in manufacturing. The 1.1% increase in manufacturing output, the biggest gain since early 2018, followed a 0.7% decrease in October, Federal Reserve […]
FLASH: The buyer has the ultimate power, the US is the buyer. Economist Gary Shilling predicts that not only will President Trump win the ‘trade war’ with China, but in the long run the US will be better off. “People say nobody wins trade wars. Yeah, in the short-run you don’t, but in the long-run…the […]
Germany’s economic performance in Y 2018 was its weakest in 5 years, it was reported Tuesday. The German economy grew 1.5% last year, a sharp decliner from the 2.2% expansion in Y 2017, and the slowest annual rate since the European debt crisis in Y 2013. Experts say the slowdown was due to a number of […]
America’s Pet Owners Seek Cannabis for Their Pets Pet owners claim cannabis-based extracts, ointments and edibles lead to drastic improvements in pets once debilitated by arthritis, seizures, anxiety and other ailments Federal and state laws can make it difficult for veterinarians to access cannabis products for pets, and many are reluctant to discuss it with […]
Indocan Resources (OTCPNK:IDCN) Licensed to Grow Industrial Hemp $IDCN Indocan received a “Fit For Commerce Certificate” from the Wisconsin Department of Agriculture on its harvested hemp crop. Potency test results were extremely positive. An independent test agency reported that Indocan’s hemp tested among the highest CBD levels in Southern Wisconsin. Due to positive potency test […]
US Industrial Production Moving Higher $USO, $UGA, $USD US industry expanded in October, with manufacturing growth offsetting declines in mining and utility production. Industrial production ticked up 0.1%, the 5th straight monthly gainer, following a 0.2% advance in September and a 0.8% advance in August, the Fed reported Friday. The Fed said that recent hurricanes lowered […]
China Banks and the Trade War HEFFX remains bullish on China’s Banks Chinese banking giant ICBC, the world’s biggest bank by assets, posted solid profit growth for the first half of the year Thursday but warned that the US-China trade war could pose risks. Net profit for Industrial & Commercial Bank of China climbed almost […]
US Industrial Production Driving Economy US industrial production increased in June, boosted by a sharp rebound in manufacturing and further gains in mining output, the latest sign of robust economic growth in Q-2. But, a strong USD and shortage of workers pose a risk to production, with factory surveys suggesting some strain in the supply […]
China’s Industrial Growth Tops Analysts Expectations China’s industrial output grew 7.0% in April from a year earlier, much more than expected, but fixed-asset investment growth slowed to 7.0% in the 1st 4 months, below forecasts, official data showed Tuesday. Analysts polled by Reuters had predicted industrial output growth would rise to 6.3%, bouncing back from […]
The Wesfarmers Ltd (ASX: WES) share price has edged higher in morning trade. At the time of writing the conglomerate’s shares are up around 0.5% to $40.43. Although Wesfarmers is best known for its wide range of popular retail brands including Coles and Kmart, the conglomerate also has a presence in the resources sector. This morning that side […]
Globalization, a New World or a Dead End Economic globalization is at a Crossroad, the next step to be taken by major players will lead to either a New World or a Dead End. The world is a place in time when protectionism, populism and isolationism are on the rise in the developed countries, as […]
Gold Up, in Anticipation of US Fed Standing ‘Pat’ $GLD, $GDX, $JDST Gold is valued as unequalled material for jewelry, storing wealth and growing industrial uses. Gold prices rose Monday, as the USD slipped Vs a basket of currencies, as the market awaits clues on timing of an increase in US interest rates. Spot Gold was up […]
Singapore is a Very Safe Place to Store Gold & Silver Bullion $GLD, $SLV There are many reasons that Singapore has the reputation for being 1 of the safest places to store Gold and Silver Bullion. The small country has low taxes and a stable economy, having had budget surpluses in the last 25 years for […]
Industrial and Coml Bank of China Ltd(HKG:1398) HEFFX Notes Industrial and Coml Bank of China Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 4.56. The projected upper […]
The Many Reasons to Embrace Technology $FB, $GOOGL, $AAPL, $MSFT “The strongest force propelling human progress has been the swift advance and wide diffusion of technology.” — The Economist Some historical facts, as follows: In the year 1820, a person could expect to live less than 35 years, 94% of the global population lived in extreme poverty, […]
Silver, the “Devil’s” Metal Shining Brightly $SLV, $GLD Silver and Gold are both money and a commodity, and during times of market uncertainty, like we have been seeing since the beginning of this year risk off investors first rush to Gold as a hedge against the value of their fiat (paper) currency. And also since Gold is […]
What is the Internet of Things? It’s a foregone conclusion that anyone in the modern world has heard of the Internet, and they probably use it day-in, day-out. Power up your IoT Experience with the HEFFX IoTDrive As popular as the Internet is, most people don’t know what led to its success. From the ARPANET […]