ECONOMIC UPDATE – MARKET OVERVIEW

ECONOMIC UPDATE – MARKET OVERVIEW

In the U.S., its service industry, which accounts for nearly 70 percent of Gross Domestic Product, fell from 51.9 in April to 50.3 in May, according to data released yesterday by the Institute for Supply Management’s non-manufacturing PMI. Barely in positive territory, a reading above 50 indicates growth.

Magician Making Something Disappear in A Flame

THE DEBT DEAL: MORE SHOW THAN SUBSTANCE

As we had forecast for over a month, Congressional Republicans and President Joe Biden would reach a meaningless debt ceiling deal to avoid a national default. Also as we had forecast, the debt ceiling would be broken through once again with no end in sight... as the cover of this week’s Trends Journal illustrates.

Toy Tanks Ride On Euro Banknotes Against The Background Of The NATO Flag

NO U.S. DEBT CEILING FOR ARMS DEALERS AND WAR

No matter how divided the media Presstitutes and politicians claim the U.S. Congress is divided, when it comes to feeding the military-industrial complex and waging war, the facts prove they are on the same murderous page. 

BLOCKCHAIN BATTLES

BLOCKCHAIN BATTLES

The draft of a bill that would provide clarity to class some crypto assets as digital commodities has been released by key Republican Chairs on the House Financial Services Committee and House Agriculture Committee.

SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST

SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST

Silverstein Properties, which developed the new World Trade Center, has made a deal to sell a 20-story office property on Manhattan’s Fifth Avenue for $105 million. In 2020, the company had refinanced the building for $171 million.

Collage of U.S. presidential hopefuls Florida Gov. Ron DeSantis and Robert F. Kennedy Jr.

IT’S ALL ABOUT DESANTIS, FU RFK JR.

The mainstream media continues to diligently cover Florida Gov. Ron DeSantis’s bid for president while mostly ignoring Robert F. Kennedy Jr., President Joe Biden’s democratic challenger.

 

 

Economy

SPOTLIGHT: BIGS GETTING BIGGER

SPOTLIGHT: BIGS GETTING BIGGER

As we had long forecast, the higher central banks raise interest rates, the lower the Merger and Acquisition trend... which hit record highs during the COVID war when interest rates sank and governments pumped in countless trillions to artificially prop up sinking economies. 

SPOTLIGHT ON CHINA

SPOTLIGHT ON CHINA

China’s manufacturing and services sector both slowed in May, offering more evidence that the growth spurt early this year after the government lifted anti-COVID restrictions has not lasted.

Geopolitics

"No GMO" Sign In Front Of Corn Field

U.S. MOVES TO FORCE MEXICO TO BUY ITS ZOMBIE CORN

The U.S. upped the ante in its row with Mexico over genetically modified corn imports by requesting dispute-settlement consultations with Mexico City under a major trade agreement—and Mexico City said it is prepared to fight. 

Top Trends 2023

TOP TREND 2023: CELENTE’S HOMELESS SOLUTION

TOP TREND 2023: CELENTE’S HOMELESS SOLUTION

Homelessness is still a top concern in cities across the U.S., and with poverty, crime and government corruption accelerating across the planet, waves of immigrants flooding into safe-haven nations has—and will—make the homeless crisis worsen.

TOP TREND 2023: ANTI-IMMIGRATION

TOP TREND 2023: ANTI-IMMIGRATION

Inflationary pressures, declining economies across the globe, lack of basic living standards... topped off by an expanding war in Ukraine will lead to more people fleeing impoverished countries for Europe and the U.S., which will, in turn, result in the continued growth of anti-immigration policies and movements in the West. 

Hi-Tech Science

NEW MOLECULE REGENERATES NERVES, HEART TISSUE AFTER INJURY

NEW MOLECULE REGENERATES NERVES, HEART TISSUE AFTER INJURY

Re-establishing nerve pathways after damage is one of medicine’s toughest problems. A related one is dealing with dead heart tissue that clings to the heart after a heart attack and can cause other cardiac problems even years later.

PULLING ELECTRICITY OUT OF THIN (OR THICK) AIR

PULLING ELECTRICITY OUT OF THIN (OR THICK) AIR

Using a special strain of bacteria, a research team at the University of Massachusetts Amherst has created nanowires that can make an electric charge by pulling humidity—even tiny amounts—from air.

The above are just a few of the many articles in the latest Trends Journal. CLICK HERE for the full edition​.

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