Freedom is dead and dying. The Economist Intelligence Unit’s Democracy Index released its global freedoms index last week and found that democracies across the globe have hit “dismal” new lows in large part because of the COVID-19 outbreak and subsequent lockdown orders imposed. The COVID restrictions, which have been in place for over two years,...
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PUTIN OVERSEES NUCLEAR DRILLS: U.S. SAYS RUSSIA CAN STRIKE AT ‘ANY TIME’
Russian President Vladimir Putin spent his Saturday inside the Kremlin with his Belarusian counterpart, Alexander Lukashenko, overseeing military drills that involved the test-firing of ballistic, cruise, and hypersonic missiles amid increasing tensions with Ukraine and the West. Prior to the missile test, Putin—once again—blamed Ukraine for its part in “escalating” tensions in the eastern part...
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O CANADA: GOVERNMENTS UNLEASH NEW REIGN OF ‘TERROR’
“It’s easier to resist at the beginning than at the end.” Quote attributed to Leonardo Da Vinci The boundless technocratic will to power and control was on full display this past week in various events. Justin Trudeau invoking Canada’s Emergencies Act to gain new powers to crush the Truckers Freedom Convoy in Canada, was the...
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THE POWER OF A BALANCED HEDGED PORTFOLIO
By Gregory Mannarino, TradersChoice.net If you follow my work, then you know that I strongly advocate having an investment portfolio which is divided into both risk-on assets, as in owning a large cap. dividend paying companies’ stock, AND being “hedged” by owning risk-off assets, as in physical gold, silver, platinum, and palladium. **I also advocate...
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MARKET OVERVIEW
UKRAINE WORRIES SINK STOCKS. REALLY? It’s been the mainstream narrative. Equities across the globe have been sinking as concerns mounted over Russia’s pending war with Ukraine… a fear that has intensified as Russia moves troops into the Russian separatist eastern Ukraine. Why is this happening, what does it mean and what’s next has been detailed...
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SPOTLIGHT: INFLATION
UNILEVER FACES $2.3 BILLION IN COST INCREASES, SHIFTS STRATEGY Unilever, whose 400 consumer brands include Lifebuoy soap and Ben & Jerry’s ice cream, faces a $2.3-billion increase in the cost of its raw materials during the first half of this year, CEO Alan Jope said in a statement last week. Its cost for crude oil...
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SPOTLIGHT: BIGS GETTING BIGGER
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies swallow another piece of the global economy. Here are some more examples of what the BIGS have been gobbling up and how the Bigs keep getting bigger and the rich keep getting richer… AFTER RECORD REVENUES,...
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LUXURY AIRPORT BOUTIQUES GROUNDED
Before 2020, airports boutiques hawking Gucci, Louis Vuitton, and other luxury brands were an integral part of traveling and made up 6 percent of luxury brands’ global sales, according to The Wall Street Journal. Then came COVID. Passenger air travel in 2020 shrank to a quarter of its previous year’s volume and 2021’s volume was...