As we had forecast back in November 2022, the U.S. equity markets would climb in 2023, with the S&P 500 expected to increase at least 16 percent.
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CRUSADES 2000: WEST BOUND BY ‘CRUSADER IMPERIALIST IDEALS’
Recep Tayyip Erdogan, the Turkish president, accused the West last week of being “bound by crusader imperialist ideals” when considering the Gaza genocide, which makes any room for diplomacy almost impossible.
TOP ISRAELI POLITICIAN: ‘BURN GAZA NOW…NOTHING LESS!’
Nissim Vaturi, a far-right member of Israeli Prime Minister Benjamin Netanyahu’s Likud Party, took to social media to accuse his country of being too soft on Palestinians in Gaza and said the city should be burned to the ground.
CHATGPT’S NEW TACTICS: CITING SOURCES, AND AVOIDING INCRIMINATING QUESTIONS
So how are the latest “training” and “guardrails” helping the most prominent public facing generative AI, CHATGPT, to better serve humankind?
EUROPE INCREASES MILITARY AID FOR UKRAINE TO MAKE SURE LOSING WAR CONTINUES
European countries have increased their military assistance for Ukraine as the war shifts from Kyiv trying to win back territory now in Russia’s control to Ukrainian forces digging in behind their own lines to prevent further Russian advances.
EUROZONE ECONOMY HEADED FOR “ANOTHER LOST YEAR”
Europe’s economy appears to be poised to enter a technical recession, defined as two consecutive quarters of shrinkage. The region’s GDP shrank by 0.1 percent in the third quarter and is widely expected to contract again in this year’s final three months.
ECONOMIC UPDATE – MARKET OVERVIEW
What a difference a month makes. The U.S. equity market continues its November spike.
MARKETS: A SYSTEM OF CONTROL, MORE WAR, MORE DEBT
Over the weekend U.S. debt got downgraded to negative, and with that, the U.S. carried out more airstrikes in Syria. (As we have covered and predicted would happen right here, the U.S. debt situation along with expanding war would, and will, get much worse even from here).
WALL STREET’S TOP BANKERS ARE BAILING OUT OF BANK STOCKS
James Gorman, Morgan Stanley’s CEO for the past 12 years, has sold $48 million worth of his hoard of Morgan stock so far this year, bringing the total he has cashed in to $78 million. Ted Pick, who will take over for Gorman in January, has sold $30 million worth of his shares, according to the Financial Times.
HUMANS: JUST ANOTHER TECHNOLOGY
Congressman Thomas Massie recently tried to throw up a roadblock against impending regulations that will place “kill switches” into automobiles.