May 7th, 2025 Fed Chairman Jerome Powell, and many other Economists, have warned the Country time and time again, that the growing National Debt is “unsustainable.” As the annual interest payments on the National Debt approaches One Trillion Dollars per year, and is now more than the Government spends on National Defense, ($820 Billion), and…… Continue reading $36 Trillion, and Counting
Tag: economy
Gold Shines
April 16, 2025 Although this is NOT investment advice, I believe that Trump’s on-again, off-again tariffs are damaging the world’s economy and could lead to a business recession in 2025, or even something worse, as Fund Manager Ray Dalio suggests. Everyone needs to make their own investment decisions with the help of their own investment…… Continue reading Gold Shines
Where’s the Bottom?
Saturday, April 5, 2025 In the two days following Trump’s reckless introduction of the opening round of a worldwide trade war, aimed at friends and foes alike, the stock market has lost trillions of dollars of market value. China responded, “We see your tariffs, and we raise you our own tariffs. In addition, we increase…… Continue reading Where’s the Bottom?
Problems in Auto-Land?
April 20, 2023 After the close of the stock market on Wednesday, Tesla Motors (TSLA) reported disappointing Sales and Earnings numbers for the most recent quarter, and the stock looks to open, at a new 6 month low today. On the back of this disappointing earning reports, many of the major brokerage and investment firms…… Continue reading Problems in Auto-Land?
Storm Ahead?
April 5, 2023 As we head into a big Holdiay Week, with both Passover and Easter celebrations ahead, the market is slowly grinding lower. A lack of direction? The calm before the storm? Many investors are hoping that the signs that the economy is slowly dipping into a recession will force the hand of the…… Continue reading Storm Ahead?
Musk to cut TSLA staff by 10%!
A day after issuing his extraordinary demand that all TSLA employees must be in the office at least 40 hours per week, or be fired, Elon Musk announces an immediate “hiring freeze” and a 10% reduction in staff. That is, almost 10,000 employees are going to be terminated soon. Although I am not a fan…… Continue reading Musk to cut TSLA staff by 10%!
China calls Emergency Meeting
100,000 Chinese officials attend an emergency video meeting to discuss ways to revive their Covid-hit economy. According to a report in the government controlled Global Times, officials across the country attended this tele-conference to discuss measures to deal with the “complex and grave” economic situation, as outlined by Premier Li Keqiang. He urged authorities to…… Continue reading China calls Emergency Meeting
China plans to throw 3 Trillion Dollars to Save Economy
As China’s economy implodes because of the debt buildup over the years, which cannot now be sustained, combined with the covid lockdowns in the major cities, can they solve the potential collapse by creating more debt? It is looking like China’s economy has been built on unsustainable debt levels. In addition, the Chinese authorities are…… Continue reading China plans to throw 3 Trillion Dollars to Save Economy
Inflation Peaking?
Despite high levels of inflation recorded early in the week, the markets staged a strong rally on Thursday and Friday, on the wishful thinking that inflation readings may be “topping.” Although many of the market averages are in oversold levels, despite the late week rally, still recorded its 6th losing week with the S&P Index…… Continue reading Inflation Peaking?
Blue Monday
May 5th, 2022 Stock and Bond markets are off to a very shaky start this week, with a probable 500 point Dow drop, and the 10 year Treasury yield rising to 3.18%, the highest level since late 2018. Remember yields move inversely with bond prices; as yields go up, bond prices go down. The scary…… Continue reading Blue Monday