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Author: Jami Anson

Home Jami Anson
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August 25, 2020August 25, 2020TRENDS ON THE U.S. ECONOMIC FRONT

U.S. RECOVERY STRONGER THAN EUROPE’S OR JAPAN’S

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IHS Markit’s U.S. Purchasing Managers Index (PMI) rose from 50.3 in July to 54.7 in August, indicating a continued rise in activity in manufacturing and services as more businesses reopen and more consumers make purchases delayed by the shutdown. Numbers above 50 signal expansion. Also in August, the data firm’s Manufacturing Output Index bumped up...

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June 30, 2020June 30, 2020TRENDS ON THE U.S. ECONOMIC FRONT

BAYER TO PAY $9.6 BILLION TO SETTLE U.S. ROUNDUP SUITS

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Bayer AG, the German company that owns the Roundup brand of glyphosate weed killer, will pay $9.6 billion to settle about 95,000 U.S. lawsuits alleging that the herbicide causes non-Hodgkins lymphoma, a form of cancer. Roundup was developed by American chemical giant Monsanto, which Bayer bought for $63 billion in 2018. An additional 30,000 Roundup-related...

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June 30, 2020June 30, 2020TRENDS ON THE U.S. ECONOMIC FRONT

GOLD GLOWS AS FORECAST

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Today, gold closed at $1,781 an ounce. As per our months’ long forecast, should gold continue to trade in this range for several more days, we forecast it will move above $2,000 per ounce… and silver will follow. What we have been long forecasting has finally hit the mainstream mindset as evidenced by the Bank...

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May 12, 2020May 12, 2020TRENDS IN GEOPOLITICS

IRAN: TRUMP VETOES WAR POWERS RESOLUTION

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On 13 February, the U.S. Senate voted in favor of a War Powers Resolution that would require President Trump to get congressional approval before taking any further military action against Iran. The official language called for “the President to terminate the use of United States Armed Forces for hostilities against the Islamic Republic of Iran or...

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May 12, 2020May 12, 2020TRENDS IN GEOPOLITICS

HONG KONG: ANTI-GOVERNMENT PROTESTS BACK AGAIN

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Last Sunday afternoon, demonstrators were chased by police through a number of shopping malls as protests started heating up, reconfirming the anger of citizens demanding independence from mainland Chinese authority and the resignation of Carrie Lam, the current chief executive of the city. After a period of quiet due to stay-at-home orders to slow the...

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