US Economic Recovery Does Not Depend on More Aid

US Economic Recovery Does Not Depend on More Aid

#Economic #Recovery #Aid White House adviser Larry Kudlow said says the nation’s economic recovery will continue despite uncertainty surrounding another virus relief bill. He said the nation’s recovery does not not on additional fiscal stimulus, but it will help. “In truth I don’t know,” Kudlow said during a TV interview about whether Congress will eventually approve another […]

US is in a Self-Sustaining Recovery

US is in a Self-Sustaining Recovery

#US #VShape #recovery #economy #jobs #aid #relief #stimulus #PresidentTrump Tuesday, White House economic adviser Larry Kudlow declared that the United States can survive until the end of the year without another round of aid/relief/stimulus as the nation is in a “self-sustaining recovery.“ “Besides the jobs, we are in a housing boom, autos boom, a consumer spending […]

US Manufacturing and Services are Expanding Faster than Expected

US Manufacturing and Services are Expanding Faster than Expected

#business #activity #growth #manufacturers, #services #PMI Last Friday we got the IHS Markit Flash US Composite PMI under the title “Strong expansion in US private sector output in August,” which came in better than expected. Key findings are as follows: ▪ Flash US Composite Output Index at 54.7 (50.3 in July). 18-month high. ▪ Flash […]

Existing Home Sales Rising at Record Pace, Well Past the Recovery Phase

Existing Home Sales Rising at Record Pace, Well Past the Recovery Phase

#home #sales #NAR US home sales rose at a record pace for a 2nd month running in July and home prices hit a record as historically low interest rates boosted demand for homes even as the C-19 coronavirus chaos put millions of out of work. The National Association of Realtors (NAR) said Friday existing home […]

US Economic Recovery Continues Higher, COVID-19 Eases

US Economic Recovery Continues Higher, COVID-19 Eases

#Economic #Recovery Americans moved back into restaurants and gyms over the past week, hiring advanced across a sample of those industries and a rise in job postings suggested it will continue, signs the US recovery is moving North. High-frequency data estimating retail stores visits and employment across industries as well as broader indexes of the […]

US-China Trade Deal in “Fine” Shape

US-China Trade Deal in “Fine” Shape

#USChina #trade No mater what you have heard, China is buying US goods as required. China is continuing to buy US goods, particularly commodities, under its Phase 1 trade deal with the United States, despite rising tensions over Hong Kong and other issues, White House economic adviser Larry Kudlow said Tuesday. Asked if deteriorating ties […]

Labs in the US Cannot Keep Up With Demand for C-19 Coronavirus Testing

Labs in the US Cannot Keep Up With Demand for C-19 Coronavirus Testing

#C19Coronavirus #testing #results #CDC A surge of nearly 4-M confirmed C-19 coronavirus infections in the US which leads the world in cases as well as deaths virus associated has crippled American labs, creating long processing delays and exacerbating fears that people without symptoms could be spreading the virus if they do not isolate. 1 of […]

Kansas City Southern: Very Bullish this Top Railroad Stock, Seeing Strong 2-H

Kansas City Southern: Very Bullish this Top Railroad Stock, Seeing Strong 2-H

#Railroad #KansasCity #US #Mexico #economy #cashflow #stock $KSU Kansas City Southern: This Top railroad stock will see a very solid 2-H this year with the improving economy. Kansas City Southern Inc. (NYSE:KSU) is a Class 1 North American railroad, with 6,000-track mile network, serving 10 states in the central and south-central US, and Mexico. With […]

The Difference Between Private Jet Charter and 1st Class Flying

The Difference Between Private Jet Charter and 1st Class Flying

#Private #Jet #Charter #1stClass #flying #World #opensup #US #Europe, #ownership #luxury #pets #business #personal #virus #travel Most of the US and Europe is out of lockdown and in a few weeks, open travel for business and pleasure will be an option again. But, no matter how much we want things to be completely back to normal, it is not […]

The Pledge of Allegiance, ‘America Under God’

The Pledge of Allegiance, ‘America Under God’

#US #flag #Pledge #Salute #prayer #God #American #history #tradition #Republic #law #schools The Pledge of Allegiance of the United States is an expression of allegiance to the flag of the United States and the republic of the United States of America. The pledge was 1st composed, with a text different from the 1 used today, by Captain George Thatcher Balch, a […]

US Seeing a ‘Big V-shaped’ Economic Rebound Ahead

US Seeing a ‘Big V-shaped’ Economic Rebound Ahead

$DIA $SPY $QQQ $RUTX $VXX The US the economy has started to benefit from a V-shaped recovery Markets are benefiting from both liquidity and optimism that the C-19 coronavirus chaos will fade away or be contained. But, it take some time before we come all the way up and get back to Y 2019 marks. […]

C-19 Coronavirus Will NOT Shutdown the US Economy Again

C-19 Coronavirus Will NOT Shutdown the US Economy Again

Monday, the White House National Economic Council Director Larry Kudlow declared that even though there has been an uptick in C-19 coronavirus numbers in several states due to expanded testing, it’s “something that is controllable” and The Trump Administration does not intend to close down the economy.  “I have been in touch with our health […]

“China Will Pay for Its Economic, Biological ‘Aggression'”

“China Will Pay for Its Economic, Biological ‘Aggression

Trade adviser Peter Navarro says there will be “serious consequences” for China’s role in the spread of the C-19 coronavirus chaos around the globe. In an interview Mr. Navarro, who serves as  director of trade and manufacturing policy, defended his accusation that China withheld information and personal protective equipment from the world community at the […]

“We could open up again and forget the whole thing”

“We could open up again and forget the whole thing”

Epidemiologist K. Wittkowski on the deadly consequences of lockdown. Governments around the world say they are following ‘The Science’ with their Draconian measures to stem the spread of the virus. But the science around C-19 coronavirus is bitterly contested. Many experts have serious doubts about the effectiveness of the measures, and argue that our outsized […]

Techno-Tyranny in the Headlights

Techno-Tyranny in the Headlights

Google (NASDAQ:GOOGL) is a Major Player and Threat to rights and liberties. As noted in the article, “Techno-Tyranny: How the US national Security State Is Using Coronavirus to Fulfill an Orwellian Vision,” the US is rapidly adopting an AI driven mass surveillance system rivaling that of China, and legal and structural obstacles are now being swept […]

China’s 5G a Global Spying Enterprise, “China wants to ‘grab’ the World’s information”

China’s 5G a Global Spying Enterprise, “China wants to ‘grab’ the World’s information”

Foreign affairs expert and Asia analyst Gordon Chang says China wants to ‘grab’ the world’s information. “They are giving subsidized equipment and Beijing is doing this because it wants to grab the world’s information,” he said Thursday of China telecom giant Huawei, which lawmakers and intelligence agencies have accused of undermining national security through alleged corporate […]

“For every coin we mint, be it gold or silver, we could probably sell 5 or 6 of them,” the Perth Mint

“For every coin we mint, be it gold or silver, we could probably sell 5 or 6 of them,” the Perth Mint

$GLD $XAU $SLV $XAG $USD Australia’s largest gold refinery has ramped up production of 1 kilogram bars to ease the supply squeeze in the US that helped propel a surge in the premium for New York futures. The collapse in air travel that’s grounded passenger jets used to transport gold products and virus-related disruptions to some […]

Latest on the Spread of the Coronavirus Around the World

Latest on the Spread of the Coronavirus Around the World

Reported cases of the coronavirus crossed 2.14-M globally and 143,744 people have died, according to a Reuters tally as of 0200 GMT Friday. DEATHS AND INFECTIONS * For an interactive graphic tracking the global spread, open tmsnrt.rs/3aIRuz7 in an external browser. * For a U.S.-focused tracker with state-by-state and county map, open tmsnrt.rs/2w7hX9T in an external browser. AMERICAS * […]

This Bull Market Vs the Coronavirus Externality

This Bull Market Vs the Coronavirus Externality

$DIA $SPY $QQQ Many people saw the recent market selloff as the start of a Bear market, from the beginning I argued it was an external effect in this long Bull market. So, whether 23-24 March marked The bottom or A bottom is irrelevant I believe. The broad Question is whether the long-term factors that […]

Monday’s World Wide Coronavirus Update

Monday’s World Wide Coronavirus Update

The virus outbreak has stabilized across the US, according to the head of the Centers for Disease Control and Prevention (CDC). Parts of the US may be ready to ease emergency measures in May, said Dr. Tony ‘Doom’ Fauci, director of the National Institute of Allergy and Infectious Diseases. UK Prime Minister Boris Johnson praised doctors for saving his […]

Commentary: Paul Ebeling on Wall Street, This Bull Market Vs Coronavirus

Commentary: Paul Ebeling on Wall Street, This Bull Market Vs Coronavirus

$DIA $SPY $QQQ $RUTX $VXX Just In: Goldman Says US Stocks Have Likely Bottomed Unprecedented policy support and a flattening viral curve have “dramatically” cut risks, the bank said early Monday in a note. Despite the COVID-19 coronavirus, ‘new’ Bull market can run Last week was a shortened week, here is how it played US […]

All 50 US States Under Disaster Declaration For 1st Time in History

All 50 US States Under Disaster Declaration For 1st Time in History

For the 1st time in US history, all 50 States are under a major disaster declaration. Wyoming became 1 of the last states to receive the declaration for the coronavirus outbreak at the weekend. Wyoming Governor Mark Gordon wrote a letter Thursday to formally request the declaration, stating it “will help us to prepare and mobilize […]

Can I Get a Refund When My Flight is Cancelled Due to the COVID-19 coronavirus Pandemic?

Can I Get a Refund When My Flight is Cancelled Due to the COVID-19 coronavirus Pandemic?

Since first being identified in November 2019 in the City of Wuhan, PRC, the COVID-19 coronavirus has spread across the world, causing a human tragedy with tens of thousands sick and many deaths. The pandemic is having an enormous impact on the travel industry, ranging from hotel and cruise ship quarantines to airlines halting flights […]

Thursday’s World Markets: Asia and Oceania

Thursday’s World Markets: Asia and Oceania

Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]

“Do Not Expect US Recession From Coronavirus”

“Do Not Expect US Recession From Coronavirus”

Treasury Secretary Steven Mnuchin said he does not expect the coronavirus tipping the US economy into recession, even though growth will slow. “Later in the year, obviously the economic activity will pick up as we confront this virus,” Secretary Mnuchin said Sunday on national television. Secretary Mnuchin spoke as many businesses in the US and […]

Conveselent Care Centers and Nursing Homes Across America are on ‘Virus Alert’

Conveselent Care Centers and Nursing Homes Across America are on ‘Virus Alert’

Nursing homes and other care facilities for the elderly are stockpiling masks and thermometers, preparing for staff shortages and screening visitors to protect their particularly vulnerable population from the coronavirus. In China, where the outbreak began, the disease has been deadlier for the elderly. In Italy, the center of the virus outbreak in the EU, […]

COVID-19: Briefing, 9 March 2020

COVID-19: Briefing, 9 March 2020

President Trump on Thursday signed an $8.3-B emergency funding package to fight COVID-19 A number of outcomes is possible, decision makers should not assume the worst. Fewer than 3 months have since China reported a new virus to the World Health Organization (WHO). The virus is known as SARS-CoV-2, causing COVID-19 disease, spread quickly in […]

The US is Prepared for a COVID-19 Pandemic

The US is Prepared for a COVID-19 Pandemic

$GILD So far, there have been a limited number of reported cases of COVID-19 infection in the US, and the US military has designated several detention sites around the country to quarantine Americans, should things take a turn for the worse. Historically government health officials have exaggerated the threat of pandemics in the US, including […]

Philippines’ President Duterte says President Trump Deserves to be Re-elected

Philippines’ President Duterte says President Trump Deserves to be Re-elected

Saturday, Philippine President Duterte said that President Trump deserved to be re-elected, praising the US President’s reaction to his decision to end a Y 1951 military agreement with the United States. President Trump said Wednesday he did not mind Duterte’s decision to end the Visiting Forces Agreement (VFA). Defense Secretary, Mark Esper, called the move […]

President Trump Lauds China’s Use of the Death Penalty in Drug Trafficking Cases, which he says the US “is Ready” to Adopt

President Trump Lauds China’s Use of the Death Penalty in Drug Trafficking Cases, which he says the US “is Ready” to Adopt

President Trump praised China for giving the death penalty to drug dealers. Answering a question about fentanyl crossing the US-Mexico border during a White House event Monday. President Trump invoked conversations he had with Chinese President Xi and his country’s crackdown on dealers of the powerful synthetic opioid. “I met with President Xi on the […]

The Social Contract in the 21st Century

The Social Contract in the 21st Century

McKinsey Global Institute February 2020 Report Subject: Economic outcomes and the relationship between individuals and institutions have shifted for workers, consumers, and savers in advanced economies. Life has changed substantially for individuals in advanced economies in the 1st 2 decades of the 21st Century as a result of trends including disruptions in technology, globalization, the economic […]

President Trump,”The State of Our Union is Stronger than Ever Before”

President Trump,”The State of Our Union is Stronger than Ever Before”

As President Trump entered the House chamber he was met with chants of “Four more years!” by Republicans He proclaimed “America’s enemies are on the run” and “the years of economic decay are over.” Tuesday night, President Trump vowed in his State of the Union address to “never let socialism destroy American healthcare.” He also vowed to […]

2020 Black Swan, China Virus Impact May Help US Job Market

2020 Black Swan, China Virus Impact May Help US Job Market

Thursday, US Commerce Secretary Wilbur Ross said he does not want to take a “victory lap” concerning the deadly coronavirus outbreak, but he speculated that the disease will help “accelerate” the return of jobs to the United States. “The fact is, it does give businesses yet another thing to consider when they go through their […]

President Trump Elated as the Financial Markets Post Fresh Record Highs

President Trump Elated as the Financial Markets Post Fresh Record Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL, $AMD President Trump cheered as US stocks posted record high closes on Thursday as optimism about a US-China trade deal firmed and as Apple and other market heavyweights posted strong gains. “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you […]

President Trump Will Respond If Iran Does Not Back Down

President Trump Will Respond If Iran Does Not Back Down

President Trump is prepared to “respond appropriately” if Iran does not de-escalate its actions in response to the US for killing 1 of its most powerful figures, General Qassem Soleimani, in an airstrike at Baghdad’s international airport, Secretary of State Mike Pompeo said Friday morning. He said on TV that General Soleimani, the head of Iran’s […]

Gold Marks 2 Wk Highs and Dips

Gold Marks 2 Wk Highs and Dips

$XAU, $GLD Gold prices retreated slightly Friday in Asia after marking a more-than-2-week high Thursday. US Gold Futures dipped 0.13% to 1,482.55 oz as of 10:59p ET Friday (03:59 GMT) after reaching a 1484.95 high. Spot Gold prices also dropped 0.03% to $1,478.67. The political uncertainties caused by US House of Representatives’ voting to impeach […]

China Bought Soybeans on Tariff Waivers

China Bought Soybeans on Tariff Waivers

$SOY Tuesday, Chinese importers bought at least 2 cargoes of US soybean after receiving another round of tariff-free quota for US shipments. The sales, the 1st since Washington announced an interim trade deal with Beijing last week, may also be China’s last large US purchases before newly harvested soybean from Top supplier Brazil begin hitting […]

US Factory Output Rebounds

US Factory Output Rebounds

$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 […]

US Trade Deal with China Will Boost Global Economy

US Trade Deal with China Will Boost Global Economy

US Treasury Secretary Steven Mnuchin said Saturday a “P-1” trade deal between the United States and China was “very good” for global economic growth, and added that the 2nd phase could come in several steps. The United States and China cooled their trade dispute Friday, announcing a “P-1” agreement that reduces some US tariffs in […]

US Under President Trump is a Net Crude Oil Exporter Ahead of 2020 Expectations

US Under President Trump is a Net Crude Oil Exporter Ahead of 2020 Expectations

$USO United States has cemented its status as a net exporter in world oil markets, and the dominance could affect its ties to foreign allies. The Energy Information Administration (EIA) reported Friday the United States exported 89,000 more barrels of crude oil and refined petroleum products a day than it imported in September, the 1st full […]

DJIA Marks 100th Record Close Under President Trump

DJIA Marks 100th Record Close Under President Trump

$DIA, $SPY, $QQQ, $RUTX, $VXX Tuesday, US stocks edged higher, and all 3 major Wall Street indexes marked record levels, as upbeat comments by President Trump on trade talks eclipsed some softer-than-anticipated economic data, as the DJIA posted its 100th record close since Trump took office. President Trump said the United States and China were […]

Winter at the Beach

Winter at the Beach

The Key to enjoying a beach town is knowing when to go. While the longer days, warmer waters, and ample sunshine of July and August are appealing, you should not discount a Winter beach trip. From walking along an empty shoreline to cozying up in a restaurant without a wait, a beach town in Winter has several […]

Arctic Blast to Hit Most of US this Week

Arctic Blast to Hit Most of US this Week

The US is in for an Arctic blast, with record-breaking low temperatures normally found only in the depths of Winter in the far North according to the government’s weather gurus. “Temperatures that are well below normal will plunge into much of the nation beginning in the Northern Plains, and pushing all the way into Florida […]

S&P 500 Marks 5th Week of Gains, as Wall Street Hits New Records

S&P 500 Marks 5th Week of Gains, as Wall Street Hits New Records

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the 3 major US stock market indexes posted record closing highs and the S&P 500 registered a 5th straight week of gainers as investors brushed aside worries over the progress of US-China trade talks and as Walt Disney shares rose. The Cboe volatility index .VIX posted its lowest closing […]

Beijing, US to Lift Tariffs as Talks Advance

Beijing, US to Lift Tariffs as Talks Advance

Thursday, China and the United States have agreed to cancel in phases the tariffs imposed during their months-long trade dispute, the Chinese commerce ministry said. The interim US-China trade deal is widely expected to include a U.S. pledge to scrap tariffs scheduled for 15 December on about $156-B worth of Chinese imports, including cell phones, […]

UN Chief Receives Paris Agreement Withdrawal Notice from Washington

UN Chief Receives Paris Agreement Withdrawal Notice from Washington

UN Secretary-General Antonio Guterres Monday received a formal notice from US Secretary of State Mike Pompeo on his country’s withdrawal from the Paris Agreement on Climate Change. “The United States of America notified the secretary-general, in his capacity as depositary, its withdrawal from the Paris Agreement of Dec. 12, 2015, on Nov. 4, 2019,” said […]

F1: COTA, Bottas Wins, Hamilton Clinches 6th World Championship

F1: COTA, Bottas Wins, Hamilton Clinches 6th World Championship

$RACE Valtteri Bottas posts his 4th win of this season at the United States Grand Prix, his MercedesAMG teammate Lewis Hamilton came 2nd and claimed a 6th world title having fended off a late attack from Red Bull’s Max Verstappen. Mr. Bottas had to win at the Circuit of The Americas aka COTA to keep […]

F1: COTA, Bottas Takes ‘The Pole’, Seb 2nd on ‘The Grid’

F1: COTA, Bottas Takes ‘The Pole’, Seb 2nd on ‘The Grid’

$RACE The Circuit of The Americas, aka COTA, has been kind to Lewis Hamilton in , but it was his MercedesAMG teammate and the only driver who can stop him winning a 6th world crown, Valtteri Bottas, who took Pole position for Sunday’s United States Grand Prix in true F1 racing fashion. It was Mr. […]

Ferrari (NYSE:RACE) a Lesson in Practicality

Ferrari (NYSE:RACE) a Lesson in Practicality

$RACE This is a lesson grounded in practicality using ROE to better understand Ferrari (NYSE:RACE). Ferrari has a ROE of 61%, based on the last 12 months, meaning that for every $1 worth of shareholders’ equity, it generated 61c in profit. Return on Equity = Net Profit ÷ Shareholders’ Equity For Ferrari: 61% = €837-M […]

F1: United States Grand Prix, Lewis Hamilton Wants His 6th World Championship

F1: United States Grand Prix, Lewis Hamilton Wants His 6th World Championship

$RACE Lewis Hamilton may likely celebrate his 6th World Championship at the end of the United States Grand Prix Sunday. He has won the title in each of the past 2 years, holds a 74-point lead over MercedesAME team-mate Valtteri Bottas with a maximum of 78 available over the remaining 3 races of Y 2019. […]

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming'” (Video)

President Trump, “The ISIS Leader Died ‘Whimpering, Crying and Screaming

Sunday, President Trump announced that ISIS leader Abu Bakr al-Baghdadi died during an overnight raid led by US military forces in Syria, a major victory. President Trump said the world’s most wanted terrorist died “whimpering and crying and screaming.” No US personnel were lost in the operation, however “many” of al-Baghdadi’s fighters or companions were […]

You Can Drive to Alaska

You Can Drive to Alaska

Open roads, beautiful views, incredible wildlife, and escape from the chaos of modern life is what an Alaska road trip is all about. Whether you are seasoned road tripper or never driven out of your city, an Alaskan road trip is within your reach. You can drive to Alaska from anywhere in the Continental US. […]

Canada, US seek to reduce dependency on China for rare earth minerals

Canada, US seek to reduce dependency on China for rare earth minerals

Canada is in talks with the United States to seek ways for both to reduce their dependance on China for rare earth elements, key minerals for high-tech products, Prime Minister Justin Trudeau said Monday. He said that in his last meeting with US President Donald Trump, “I highlighted that Canada has many of the rare […]

US Stocks Advanced for 3rd Quarter Running

US Stocks Advanced for 3rd Quarter Running

$DIA, $SPY, $QQQ, $RUTX, $USD, $USO, $GLD, $XAU, $VXX US stocks advanced for the 3rd Quarter running, as investors weighed the latest turns in the trade dispute between the world’s 2 largest economies. The USD rose and Treasuries moved higher. Tech drove the rise after The Trump Administration partially refuted a report it would target […]

Spend a Long Weekend in the US

Spend a Long Weekend in the US

There are lots of long weekend holidays coming up in the US this Fall, so now is the time to start planning the Getaway. Whether you want to use that time to relax and recharge or to take in as much of the area as you can, here are some awesome long weekend trips to […]

What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers?

What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers?

$DIA, $SPY, $QQQ, $RUTX, $OIL, $USO, $VXX Wall Street closed lower, Crude Oil prices spiked after attack in Saudi Arabia The attack knocked about 5.7-M BPD out of production, leading to the biggest 1-day gainer in WTI Crude Oil ($62.88/bbl, +$8.00, +14.6%) since Y 2008. Saudi Arabia expected to restore about 33% of lost production […]

Goldie’s Simple Answer to Clients: “Buy US Stocks 1st”

Goldie’s Simple Answer to Clients: “Buy US Stocks 1st”

$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 finishes higher as value stocks outperform Goldman Sach’s Private Wealth Management team has a simple firm message for its wealthy clients: stick with US equities. “As we have gone through various crises, we have still told clients to stay invested and not get out of US equities, it’s […]

China Must Stimulate as its Economy Sharply Weakens

China Must Stimulate as its Economy Sharply Weakens

China’s exports unexpectedly fell in August as shipments to the United States slowed sharply, pointing to further weakness in the world’s 2nd-largest economy and underlining a pressing need for more stimulus as US-China trade tension escalates. Beijing is widely expected to announce more support measures in coming weeks to avert the risk of a sharper […]

US, China to resume trade talks in Washington in October

US, China to resume trade talks in Washington in October

US and Chinese trade negotiators will resume talks in Washington in early October, Beijing said Thursday, after new punitive tariffs raised fears of a breakdown in the protracted negotiations. The world’s two biggest economies have been embroiled in a tense year-long trade war, which escalated further on September 1 when both sides implemented fresh levies. […]

On Winning the ‘Trade War’ with China

On Winning the ‘Trade War’ with China

According to The Trump Administration, America is winning the trade war with China. However, the Middle Kingdom’s economic machine may be slowing, but President Xi Jinping is unlikely to sue for peace anytime soon, at least not on terms acceptable to American interests. China’s economic system is antithetical to American democratic capitalism. Its buccaneer commercial policies flaunt the […]

Many Vaping Illnesses Down to Marijuana

Many Vaping Illnesses Down to Marijuana

US Health officials are investigating more cases of a breathing illness associated with vaping. While the cause remains unclear now, the officials said Friday that many reports involve e-Cigarette products that contain THC, the mind-altering substance in marijuana. Officials from the Centers for Disease Control and Prevention (CDC) said Friday they are looking at 215 […]

Wall Street Finished Mixed with a Bullish Bias Ahead of this Long Weekend

Wall Street Finished Mixed with a Bullish Bias Ahead of this Long Weekend

$DIA, #SPY,, $QQQ, $RUTX, $VXX Wall Street posted mixed results on Friday on month end re-balancing ahead of a holiday weekend in which a fresh round of US tariffs on Chinese imports were set for levy. The DJIA .DJI rose 37.4 pts, or 0.14%, to 26,399.65, the S&P 500 .SPX gained 1.45 pts, or 0.05%, to 2,926.03 and the […]

Investors are “Going for the Gold”

Investors are “Going for the Gold”

$XAU $GLD $GDX, $GOLD, $NEM, $USD Investor doubts about the economic outlook and especially a Dovish Fed drove a gold price run in 1-H of Y 2019, sparking  burst of interest in gold investing and gold stocks. The escalating China trade dispute has provided the fuel since 1 August, and a day earlier, the Fed […]

President Trump Not Considering Tariffs on Japanese Autos Now

President Trump Not Considering Tariffs on Japanese Autos Now

President Trump said the United States would not imminently impose new tariffs on autos imported from Japan as the largest and 3rd-largest economies continue negotiations to firm up a preliminary trade agreement. At a press conference during a G-7 Summit in Biarritz, France, President Trump was asked if he was still considering the levies, which […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Flat, USD Off, Crude Oil Up, Stocks Up Headlines JPY rises as traders temper optimism over US-China trade deal Asia stocks climb as trade war fears ebb Crude Oil up as US-China trade comments calm markets Gold little changed as traders seek clarity Gold: Gold prices were largely […]

President Trump is Not Willing to Risk US Energy Wealth for “Windmill Dreams”

President Trump is Not Willing to Risk US Energy Wealth for “Windmill Dreams”

$USO $OIL President Trump rejected the theory that a source of electricity, wind power is efficient, saying it does not work “all that well.” “We’re the No. 1 energy producer in the world,” President Trump said at the end of this G-7 Summit in Biarritz, France. “I’m not going to lose that wealth on dreams, […]

Bitcoin, Bitcoin Cash, Ethereum Linked with Fentanyl Trafficking

Bitcoin, Bitcoin Cash, Ethereum Linked with Fentanyl Trafficking

$BTC, $BTCUSD Online criminals hawking lethal substances like fentanyl are demanding payments in Bitcoin, Bitcoin Cash, Ethereum and Monero, according to a new White House report. The report, intended to raise awareness about the fentanyl crisis, describes cryptocurrencies as one of the “predominant funding mechanisms associated with fentanyl trafficking.”  Cryptocurrencies apparently feature heavily in the 2 main […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Up, USD Up, Crude Oil Off, Stocks Off Just in: Chinese Vice Premier Liu He said Monday that China is willing to resolve its trade dispute with the US through calm negotiations and resolutely opposes the escalation of the conflict. China’s Top trade negotiator, was speaking at […]

Trump’s Recent China Decision Has Caused US Stocks To Drop 623 Points

Trump’s Recent China Decision Has Caused US Stocks To Drop 623 Points

The Dow Jones Industrial Average took a dive of more than 600 points on Friday, hours after US President Donald Trump ordered US companies to move their operations away from China,Trendreports citingSputnik . The Dow closed by 623.34 points, the S&P 500 by 75.84 points and NASDAQ plummeted by 239.62 points. Hours before Friday’s closing […]

American Miner Moving into Competition with China on Rare Earth Mineral Production in California

American Miner Moving into Competition with China on Rare Earth Mineral Production in California

The owner of the only US rare earths mine is hiring, as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the minerals during this escalating trade dispute. By next year, MP Materials will be the 1st company to refine rare earths since […]

The US Can’t Help Brexit’s Impact on Britain

The US Can’t Help Brexit’s Impact on Britain

A possible trade deal with the U.S. will do little to mitigate the impact of Britain leaving the EU without a deal in place, economists have told CNBC. Both the U.K. and U.S. governments have expressed a desire to forge a partial deal on trade as soon as possible after Britain’s anticipated departure from the […]

President Trump has Dramatic Tools To Curb US Companies Doing Business with China, Chief Among them is the 1917 TRADING WITH THE ENEMY ACT

President Trump has Dramatic Tools To Curb US Companies Doing Business with China, Chief Among them is the 1917 TRADING WITH THE ENEMY ACT

Friday, just hours after China announced retaliatory tariffs on US goods on President Trump ordered US companies to “start looking for an alternative to China, including bringing your companies HOME and making your products in the USA..” The stakes are high US companies invested a total of $256-B in China between Y’s 1990 and 2017, […]

Australia Speaks Up About The Trade War and Defends The Principle of International Law

Australia Speaks Up About The Trade War and Defends The Principle of  International Law

Australia’s prime minister yesterday urged nations in Asia to stand up for their ‘independence and sovereignty, with tensions high in the disputed South China Sea where Beijing is under fire for increasingly bullish behaviour. Scott Morrison’s comments came after the United States slammed China for its ‘escalation in the waterway, a key global shipping route […]

Trade War Continues Between China and The U.S.

Trade War Continues Between China and The U.S.

The Chinese Ministry of Commerce says that its new tariffs will be applied to more than 5,000 U.S. products in two phases. The first stage would come into effect on September 1 and the second one on December 15. China announced that it will impose additional tariffs worth 75,000 million dollars on imported products from the United […]

The US Responds To Asylum Condition Protests

The US Responds To Asylum Condition Protests

The US government yesterday announced a new rule doing away with a current limit on the time that migrant children can be held in federal custody after crossing into the United States with adults applying for asylum. The move is aimed at reducing the number of families arriving at the US-Mexico border and being released […]

Low Mortgage Rates Increase Homes Bought In The U.S.

Low Mortgage Rates Increase Homes Bought In The U.S.

Re-sales of homes in the United States beat analyst predictions last month. Information released Wednesday by the National Association of Realtors revealed sales of previously-owned homes edged up 2.5% in July, as mortgage rates offset the affordability crunch caused by high home prices at the margins. Existing home sales occurred at a 5.42 million seasonally-adjusted […]

Is Trump Planning an Arctic War Through Greenland

Is Trump Planning an Arctic War Through Greenland

The diplomatic row that has erupted between Washington and Copenhagen over Greenland is just one part of a broader strategic battle being waged over control of the Arctic, according to one expert. US President Donald Trump has cancelled a trip to Denmark and launched a war of words with his Danish counterpart, Prime Minister Mette […]

The Pressure is on the Fed to Cut Rates

The Pressure is on the Fed to Cut Rates

Wednesday, President Trump continued his pressure the Fed and its Chairman to lower interest rates, saying its policies were hampering US growth and reducing the country’s ability to compete economically. “Doing great with China and other Trade Deals. The only problem we have is Jay Powell and the Fed. He’s like a golfer who can’t […]

Cellphone Service Will Not Be Available for the ‘Storm Area 51’ Events Next Month

Cellphone Service Will Not Be Available for the ‘Storm Area 51’ Events Next Month

Fearing that they will be overwhelmed with visitors, officials in the remote Nevada county that is home to the Area 51 military base have drafted an emergency declaration and a plan to team resources with neighboring counties and the state ahead of events next month tied to the “Storm Area 51” internet drive. The elected […]

Japan’s Trade Surplus With The US Calls For Trade Negotiations

Japan’s Trade Surplus With The US Calls For Trade Negotiations

Japan’s politically sensitive trade surplus with the United States grew more than 15 percent in July, data showed Monday, as negotiators from the two economic powerhouses prepare to restart talks over a free trade deal. According to Japanese finance ministry statistics, the trade surplus with Washington climbed to 579.4 billion yen ($5.5 billion) last month, […]

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