US opens talks on moving airbase to punish Erdogan Mike Pompeo will use a visit to Greece this week to explore proposals to relocate key American assets from the Incirlik airbase in Turkey to Crete, as the US looks to beef up its military presence in the eastern Mediterranean. The visit by the secretary of … Read more
We have seen a dramatic rise in inflation. Just don’t look at the CPI for the data. Really, it has been understated to the point where it’s not funny anymore. It’s deliberately shielding the public from the truth. The most important factor here is that people are buying everyday items and the prices are rising. … Read more
Over the last month or so the US Department of Agriculture is getting more data about how much China is now importing from US farmers. Some of the orders are indeed a record: 1) China Books Record Weekly U.S. Beef Purchases, Also Buys U.S. Corn https://www.agweb.com/article/china-b… 2) China buys 664,000 tonnes of U.S. soybeans, biggest … Read more
The Daily Gold, Released on 9/28/20 The precious metals sector is now confirmed to be in correction and consolidation mode. This started about a month and a half ago. In the big picture, these periods are choppy. My thinking could change but it appears to me the sector will consolidate for the remainder of this … Read more
by Jason Burack of Wall St For Main St About a week ago BuzzFeed News supposedly broke a story about how large banks like HSBC Bank and Deutsche Bank have been knowingly laundering potentially trillions for drug cartels, organized crime and terrorist organizations for decades. However, this has been well known for well over a decade by anyone … Read more
by Peter Smith European and Asian markets offer better EPS over time, but investors sticks with the US. Image Source: Twitter @leadlagreport US Market Is Still Trade at a Premium Apparently, investors prefer the relative stability of the US market to large potential returns from European and Asian exchanges. According to Michael A. Gayed, US stocks … Read more
by Usman Salis Tech giants continue their expansion into the Nasdaq 100 Index, and six companies altogether account for almost 50% of the capitalization. Tech stocks have always been strong in the index, but in 2020 this imbalance has reached unprecedented proportions. According to Jeroen Blokland, the head of the Robeco multi-asset fund, only four technology companies … Read more
A major hospital chain has been hit by what appears to be one of the largest medical cyberattacks in United States history.
by Saad Ullah Throughout 2020, the number of short sellers on the Chinese market has been growing and has now reached its peak. More and more investors are betting on the imminent fall of the Chinese market. Shanghai Composite Index short positions exceeded 80 billion yuan, according to Michael A. Gayed. The Chinese index has not yet seen … Read more
