White House economic adviser Larry Kudlow that President Trump’s indisputable economic success very much impressed many chief executives attending the World Economic Forum (WEF) in Davos. President Trump touted the success of the US economy in a rousing speech last Tuesday. In a wide-ranging address pitched to appeal to the Davos crowd, touting the achievements […]
$RACE, $AMZN, $MSFT, Ferrari (NYSE:RACE) ran a victory lap to be awarded the title of the world’s strongest brand, according to a new survey. Amazon (NASDAQ:AMZN) remains the world’s most valuable brand, and there has been a strong performance from Microsoft (NASDAQ:MSFT). The survey comes from the Brand Finance Global 500 for Y 2019, which measures the […]
$UBS, $CS UBS Group (NYSE:UBS) warned that the worst may not be over after clients pulled $13-B in assets during a market correction in the last 3 months of Y 2018. Increased volatility, rising protectionism and geopolitical tensions are still weighing on investors, which will hit wealth and asset management revenue in Q-1, the Zurich-based […]
US Economy Now The World’s Most Competitive Again $DIA, $SPY, $QQQ, $RUTX, $VXX America is First, Again! The last time the US topped the list was in Y 2008. US economy sits atop of the World Economic Forum’s annual global competitiveness survey for the 1st time since the Ys 2007-2009 financial crisis the Swiss body […]
Leading Indicators Up, Trump Tax Cut Momentum Continues $DIA, $SPY, $QQQ, $VXX An Key economic indicator rose more than expected in December and President Donald Trump’s landmark tax cut will likely push it even higher in the near future. Leading indicators rose 0.6% in December, more than the 0.5% expected by economists surveyed by Reuters. […]
US President Trump to WEF Davos: “US is Open for Business” President Donald Trump to meet with world leaders, dine with business executives and declare America “Open for Business” during his trip to the Davos WEF Summit this week. White House officials said Tuesday the President is going to the World Economic Forum (WEF) to […]
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 […]
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 […]
China’s President Xi Jinping 1st Chinese Leader to Attend Davos WEF President Xi Jinping this month will become the 1st Chinese head of state to attend the World Economic Forum (WEF) in Davos. Xi will take center stage at the Jan. 17-20 forum with China presenting itself as a champion of globalization. Tuesday, the Chinese […]
China, International Investors Confident about Economic Transformation The Fourth Industrial Revolution is driven by the increasing use of digital technologies and highly intelligent robots in the leading world economies. International investors are confident about China’s economic transformation, believing it can bring them good opportunities. Speaking on the sidelines of the ongoing World Economic Forum in […]