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.
Category: 1 October 2024
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.
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.
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.
WHEN ALL ELSE FAILS, THEY TAKE YOU TO WAR: NETANYAHU RISES IN POLLS AS HE RAMPS UP WAR
Israeli Prime Minister Benjamin Netanyahu has benefited politically from his recent terror attacks in Lebanon, and polls show that his Likud party is the most popular in the country—after suffering a setback after the Hamas attack last year.
ZELENSKY’S VICTORY PLAN EQUALS DEFEAT
Ukrainian President Volodymyr Zelensky presented the Biden administration with his so-called “victory plan” last week and the initial reaction in the White House is doubt that the strategy presents any new ideas to end the war and expel Russian forces.
BULLSHIT BIDEN UPDATES UN ON UKRAINE AND ISRAEL WARS AS U.S. CONTINUES TO INSTIGATE
U.S. President Joe Biden addressed the UN General Assembly and gave an update on the two major wars in Ukraine and in Gaza.
LAVROV CALLS EFFORT TO DEFEAT A NUCLEAR POWER ‘SENSELESS’ DURING SPEECH AT UN
Sergey Lavrov, Russia’s top diplomat, addressed the UN General Assembly on Saturday and expressed confusion that the collective West fails to grasp the seriousness of waging a war against a nuclear power.
LEBANON DEATH TOLL
Israel is reportedly planning for an ‘imminent’ ground invasion in Lebanon and has been bombing the country to its north to weaken Hezbollah’s resolve. About one million people in Lebanon have been displaced and thousands have fled into Syria as the Israeli shelling continued.
ISRAEL: PREVENTING IRANIAN WEAPONS FROM REACHING HEZBOLLAH A TOP PRIORITY
Maj. Gen. Tomer Bar, the head of the Israeli Air Force, met with top officers at an airbase last week and said preventing Iranian weapons from reaching Hezbollah was the top priority as the IDF continues its aerial terror campaign in Lebanon.