I've had many eye-opening moments that have shifted my understanding of what truly contributes to wellness and longevity.
Author: admin (Kendrick Williams)
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ECONOMIC UPDATE – MARKET OVERVIEW
The economic data coming in across the globe is gloomy. The facts are in the numbers. Factory orders in Japan keep shrinking as its PMI slumped to 49.7 in September from 49.8—below the 50.0 mark for the third straight month... which signals negative growth.
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FEDERAL RESERVE’S TERMINAL PHASE FOR THE ECONOMY, AND THE MARKET
Status-Post the latest Federal Open Market Committee/FOMC meeting, (what a joke, “Federal”), which occurred on Wednesday September 18th, 2024, the U.S. has been thrust into what will prove to be THE most economically destructive monetary policy phase of all time.
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TOP TREND 2023, OFFICE BUILDING BUST: OFFICE TOWERS FALLING
American Equity Partners (AEP) bought 1 Tower Center, a 24-story office block, in 2019 for $38 million—a good deal at the time but a higher price than many similar buildings fetch now.
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ROBOTICS AND AI AUTOMATION VS. LONGSHOREMEN’S UNION
Automation: it’s a major reason why a national strike by America’s unionized dock workers may be about to bring the country to a supply chain standstill.
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WILL BEIJING NEW STIMULUS MEASURES JOLT CHINA’S ECONOMY?
On 24 September, the People’s Bank of China (PBC) announced its most dramatic stimulus since the COVID lockdowns in an attempt to revive China’s torpid economy and restore confidence after months of disappointing economic results.
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EUROPEANS ARE BUYING FEWER CARS
In August, the European Union saw an 18-percent drop in registrations for new cars, year on year, reflecting weak demand not only for electric vehicles but also for new cars in general.
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WILL RUSSIA’S OIL REVENUE DECLINE STEADILY THROUGH 2027?
Russia’s government projects oil revenues declining 14 percent from now through 2027, according to a draft Kremlin budget obtained by Bloomberg.
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WILL THE FED’S RATE CUT BE A GREEN LIGHT FOR OTHER CENTRAL BANKS?
Central banks in Canada, the Eurozone, Norway, Sweden, Switzerland, and the U.K. cut their interest rates before the U.S. Federal Reserve did.
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GERMANY AND U.K., ECONOMIC BLUES
In Germany, the highly-regarded ZEW Indicator of Economic Sentiment plunged from 19.2 in August to 3.6 in September. Analysts had expected a reading of 15.5.