May 2020: World Business Economic Sentiment

May 2020: World Business Economic Sentiment

Economic sentiment has improved since last month, per our latest survey of global executives on C-19 coronavirus chaos and the economy. Still, their near-term outlook remains more negative than positive. Since early April, a growing number of businesses and governments around the world have begun to reopen, ushering in a new phase of the C-19 coronavirus […]

“May is the ‘Transition’ Month, the Economy Will Resume”

“May is the ‘Transition’ Month, the Economy Will Resume”

$DIA $SPY $QQQ $RUTX $VXX Friday, the White House economic adviser Larry Kudlow that May will be a “transition month” for the United States while it recovers from the effects of the coronavirus pandemic, but he “firmly” believes the economy will improve from its sudden closures.  “We will get to the other side and we […]

Ferrari’s (NYSE:RACE) Hybrid Supercar Debuts in Less than 3-Weeks

Ferrari’s (NYSE:RACE) Hybrid Supercar Debuts in Less than 3-Weeks

$RACE Possibly most exciting debut by Ferrari (NYSE:RACE) out of the 5 new Supercars scheduled to take place this year is confirmed by the company CEO to take place at the end of May. During last weeks Quarterly earnings call, Ferrari CEO Louis Camilleri confirmed that the hybrid Supercar will make its grand debut later […]

“Sell in May, Go Away” Hang on Not This Year

“Sell in May, Go Away” Hang on Not This Year

$SPY FLASH: Go Away, Miss the Play The S&P 500 is +17% YTD (4 months), and investors could be forgiven for thinking about taking profits ahead of the usual Summer doldrums. Not so fast, say analysts at Societe Generale. “In our view, 2019 will be different,” Societe Generale strategists including the firm’s head of global […]

UK PM Theresa May, “I Quit”

UK PM Theresa May, “I Quit”

FLASH: UK PM Theresa May in Quotes: from BREXIT Means BREXIT to I Quit Theresa May was the “BREXIT Means BREXIT” UK Prime Minister. For almost 3 years since Britain voted to leave the European Union, Mrs. May repeated the mantra that she would deliver the departure. But time and circumstance have made her change […]

UK PM May Humiliated, She Will Move Out of #10 Downing Street When BREXIT is Delivered

UK PM May Humiliated, She Will Move Out of #10 Downing Street When BREXIT is Delivered

Theresa May had grand designs when she became the UK PM, as she would not just be about taking Britain out of the European Union, it would be about fighting “the burning injustice” within the country. But Wednesday night, broken by BREXIT like her predecessor, Mrs. May conceded that she will not be able to […]

Now Seeing a No-Deal BREXIT

Now Seeing a No-Deal BREXIT

FLASH: BREXIT Agreement Negotiated by EU and U.K. Government Won’t be Reopened, EU Chief Tusk Says JPMorgan Chase & Co. CEO Jamie Dimon said UK PM Theresa May’s request to the European Union for a 3-month extension of the BREXIT deadline will not remove uncertainty associated with the impasse and raises the odds of a […]

BREXIT Delay Ahead

BREXIT Delay Ahead

UK Prime Minister Theresa May will ask the EU to delay BREXIT by at least 3 months after her plan to hold a 3rd vote on the divorce deal was thrown into disarray by a surprise intervention from the speaker of Parliament. Nearly 3 years after Britain voted narrowly to leave the EU, its departure […]

‘BREXTENDED’ Voted in UK Parliament

‘BREXTENDED’ Voted in UK Parliament

FLASH: UK Parliament voted Thursday to seek a delay of the country’s departure from the European Union, a move that will likely avert a chaotic withdrawal on the scheduled exit date of March 29. With Brexit due in 15 days and no divorce deal yet approved, the House of Commons voted 412-202 to ask the […]

UK PM May Confirms Parliament Will Get to Vote between No-deal BREXIT and Delaying Departure from EU

UK PM May Confirms Parliament Will Get to Vote between No-deal BREXIT and Delaying Departure from EU

UPDATE: Britain’s Parliament strongly rejects Prime Minister’s BREXIT deal in major blow to EU divorce plan. Parliament Parliament to Vote between No-deal BREXIT and Delaying Departure from EU Thursday. UK PM Theresa May worked to win last-minute changes from the European Union to her BREXIT deal Monday, a day before a Key vote in Britain’s […]

PM May Plays for Time on BREXIT Deal

PM May  Plays for Time on BREXIT Deal

UK PM Theresa May is seeking more time to renegotiate her BREXIT deal as Parliament threatens to take control over the process to stop the UK opting out of the EU with no agreement in place. The PM wrote a conciliatory letter to opposition Labour Leader Jeremy Corbyn, after he proposed setting her a new […]

BREXIT Update: PM May’s Government Survived No-confidence Vote

BREXIT Update: PM May’s Government Survived No-confidence Vote

$GBP, $USD Wednesday, British Prime Minister Theresa May’s government survived a no-confidence vote, a day after her BREXIT deal was overwhelmingly rejected by lawmakers. The House of Commons expressed confidence in the government by 325 votes to 306, meaning Mrs. May can remain in office. There was no effect on US financial markets. Tuesday, UK […]

BREXIT 2019: It May Not Happen

BREXIT 2019: It May Not Happen

Now the chances of the UK leaving the EU are “50-50’’ if Parliament rejects Prime Minister Theresa May’s withdrawal agreement in January, International Trade Secretary Liam Fox said in an interview Sunday. “If we were not to vote for that, I’m not sure I would give it much more than 50-50,” the veteran campaigner for […]

British Cabinet Backs PM May’s BREXIT Plan

British Cabinet Backs PM May’s BREXIT Plan

British Cabinet Backs PM May’s BREXIT Plan British Prime Minister Theresa May said on Wednesday that cabinet had backed her BREXIT plan, adding it was in the national interest but that there would be difficult days ahead. “The collective decision of cabinet was that the government should agree the draft withdrawal agreement and the outline […]

BREXIT Deal Getting Closer 

BREXIT Deal Getting Closer 

BREXIT Deal Getting Closer A European Union (EU) chief says the chances of Britain and the bloc striking a BREXT deal are rising, amid reports the two sides are moving closer on the fraught issue of the Irish border. European Commission President Jean-Claude Juncker told Austrian newspapers in comments published Saturday that “the rapprochement potential […]

FX: Sterling (GBP) Traders Focused on BREXIT Outcome

FX: Sterling (GBP) Traders Focused on BREXIT Outcome

FX: Sterling (GBP) Traders Focused on BREXIT Outcome GBP/USD: -0.32% to 1.2721, Tuesday’s action is the 9th consecutive decliner for the GBP Having sunk to 13-month lows, the Pound Sterling could fall by up to another 10% in the coming months should Britain crash out of the EU without a deal on future trade ties, […]

Trump-May Relationship Solid Despite BREXIT Comments

Trump-May Relationship Solid Despite BREXIT Comments

Trump-May Relationship Solid Despite BREXIT Comments Thursday, Christopher Ruddy said that President Donald Trump and British Prime Minister Theresa May had a “love fest … in terms of their 2 countries” at a state dinner in London despite the President’s interview that May’s BREXIT plan would imperil a free-trade deal with the US “I would […]

President Trump: “May’s BREXIT Plan Could ‘Kill’ US Trade Deal”

President Trump: “May’s BREXIT Plan Could ‘Kill’ US Trade Deal”

President Trump: “May’s BREXIT Plan Could ‘Kill’ US Trade Deal” British Prime Minister Theresa May’s plan for BREXIT would “probably kill” the prospects for a free trade deal with the United States, US President Donald Trump said in an interview Thursday “If they do a deal like that, we would be dealing with the EU […]

Highlights of Consumer Comfort or Week Ended 18 June 2018

Highlights of Consumer Comfort or Week Ended 18 June 2018

Highlights of Consumer Comfort or Week Ended 18 June 2018 Americans’ expectations for the economy advanced for a second month in June to match the highest Mark since Y 2002, the Consumer Comfort Index showed Thursday. Highlights of Consumer Comfort for Week Ended 18 June 2018 Monthly gauge of economic expectations increased to 56 from 54.5 Weekly consumer […]

This Market Could Be Saying ‘Buy in May’

This Market Could Be Saying ‘Buy in May’

This Market Could Be Saying ‘Buy in May’ $DIA, $SPY, $QQQ, $VXX An “upside-down” market may bode well for U.S. stocks, according to JPMorgan (NYSE:JPM). Established patterns look to be off in here, as bonds and equities move in tandem, stock prices climb along with volatility, shares fall despite strong earnings, and money flowed out […]

EU Citizens Leaving Britain

EU Citizens Leaving Britain

EU Citizens Leaving Britain Net migration to Britain has fallen to a 3-year low as a growing number of European Union citizens have left the country following last year’s Brexit referendum. Data released Thursday by the Office for National Statistics provides evidence that the uncertainty and economic jitters caused by Britain’s vote to quit the […]

Jeremy Corbin Trying to Overturn Brexit

Jeremy Corbin Trying to Overturn Brexit

Jeremy Corbin Trying to Overturn Brexit The government has on Thursday published the bill to “maximize continuity” on the day the UK effectively withdraws from the EU wherever it is “practical and sensible”. Labour has threatened to block the bill in an attempt to overturn the democratically chosen Brexit. Labour is calling for a guarantee […]

Jeremy Corbyn Turns Dictator as Power Crumbles

Jeremy Corbyn Turns Dictator as Power Crumbles

Jeremy Corbyn Turns Dictator as Power Crumbles The government has indicated it intends to continue pushing for a “hard Brexit” – meaning the UK will leave the single market and customs union in exchange for ending freedom of movement – even though the ruling party lost its majority on June 8. 3 Ministers fired for […]

EU Hacked Britain’s Election

EU Hacked Britain’s Election

EU Hacked Britain’s Election Europe’s number 1 buffoon Juncker is said to have advised May to call an election because her then 17-seat parliamentary majority was not seen as strong enough to guarantee a strong negotiating position. A larger majority, he allegedly told May, would help her dictate the terms of the divorce bill. The […]

Jeremy Corbyn Damages UK Credit Ratings

Jeremy Corbyn Damages UK Credit Ratings

Jeremy Corbyn Damages UK Credit Ratings The UK holds the second highest rating Aa1 from another agency Moody’s. It had held the rating since 2013 when it was downgraded from AAA due to sluggish growth prospects and fiscal challenges. The agency’s lead UK sovereign analyst Kathrin Muehlbronner said on Friday, “Moody’s is monitoring the UK’s […]

Theresa May Expected to Resign Soon, Aides Ankling Fast

Theresa May Expected to Resign Soon, Aides Ankling Fast

Theresa May Expected to Resign Soon, Aides Ankling Fast Theresa May is fighting to stay on as British PM after Thursday’s disastrous election result forced both of her closest advisers to quit and unease mounts in her party about her courtship of a small Northern Irish party whose votes she needs to govern. Nick Timothy […]

Jeremy Corbyn Already a Disaster for Britain

Jeremy Corbyn Already a Disaster for Britain

Jeremy Corbyn Already a Disaster for Britain Socialist Refugee lover Jeremy Corbyn is already a disaster for Britain as Ratings agency get set to downgrade the country, Merkel moves in to take advantage of the not-so-bright politician and the GBP tanks. Jeremy Corbyn believes in printing money and giving it away The UK’s election result […]

Brits ‘Punish’ Lackluster PM, Expect May to Step Down Soon

Brits ‘Punish’ Lackluster PM, Expect May to Step Down Soon

Brits ‘Punish’ Lackluster PM, Expect May to Step Down Soon A politically wounded Theresa May was punished by voters who took away her majority in parliament, will not be able to ‘soldier on” by resisting pressure to resign after the failure of her high-stakes election gamble made the massive challenge of untangling Britain from the […]

Jeremy Corbyn Would Usher in a Dark Socialist Era for Britain

Jeremy Corbyn Would Usher in a Dark Socialist Era for Britain Jeremy Corbyn is one of those handful of dimwits that believe socialism works. Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. Winston Churchill Corbyn proposes to have the […]

Teresa May Will Not Let EU Bureaucrats Wreck “Brexit”

Teresa May Will Not Let EU Bureaucrats Wreck “Brexit”

Teresa May Will Not Let EU Bureaucrats Wreck “Brexit” British Prime Minister Theresa May made her most stinging remark so far against EU “bureaucrats” in Brussels, accusing them of trying to ruin Brexit talks. PM May was speaking outside 10 Downing Street after meeting with Queen Elizabeth at Buckingham Palace Wednesday on the day British […]

FLASH: UK to “Trigger” Brexit on 29 March

FLASH: UK to “Trigger” Brexit on 29 March

FLASH: UK to trigger Article 50 on 29 March , will begin formal Brexit process. Prime Minister Theresa May will trigger Article 50 of the Lisbon Treaty, the formal notification of the United Kingdom’s intention to leave the European Union, on 29 March, a spokesman for the British leader said Monday. he United Kingdom has […]