Israel Prime Minister Benjamin Netanyahu once again humiliated President Joe Biden when the U.S. president said Israel agreed to a ceasefire, only to have the Israelis dismiss the agreement and once again tack on new details that were called untenable.
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TOP TREND 2024: BANKS GO BUST
The biggest U.S. banks are reporting their second-quarter earnings and investors and analysts are watching to see how the megabanks have weathered high interest rates and the continuing slide in the value of commercial real estate loans.
ECONOMIC UPDATE – MARKET OVERVIEW
“Economic Cracks Are Getting Exposed in the 2024 Market Bounty,” was a headline story in Bloomberg last Friday.
FIVE CRITICAL MOVES WE NEED TO TAKE GOING INTO THE PRESIDENTIAL EVENT
Whomever is selected as the next President, we need to TAKE ACTION/START TO CAPITALIZE ON WHAT IS COMING NOW. (Stay ahead of the curve.)
SPOTLIGHT: RETAIL ON THE ROPES
Hennes & Mauritz, the Swedish fashion retailer, reported a 6-percent decline in sales at the beginning of its third quarter as bad weather kept shoppers away from its stores in June.
MAJOR NEW LAWSUIT TARGETS GENERATIVE AI IP THEFT
Major music record labels including SONY, Atlantic and UMG have filed a lawsuit against two leading generative AI music companies.
PUTIN SAYS RUSSIA WILL PRODUCE NEW NUKES IN RESPONSE TO U.S. ESCALATION
Russian President Vladimir Putin announced last week that his country will begin to produce new intermediate-range nuclear-capable missiles in response to Washington’s decision to arm European and Asian countries with nukes.
IRAN DEMANDS FULL WITHDRAWAL OF U.S. TROOPS FROM SYRIA
The Iranian government called on the U.S. to completely withdraw its forces from Syria and accused Washington of intentionally prolonging the instability in the country to impose its will on the Syrian people.
ECONOMIC UPDATE—MARKET OVERVIEW
Dot.com Bust 2.0 coming? Not according to The Street. It’s a Nvidia world of AI... which is no surprise to Trends Journal subscribers. “AI WE OWN YOU” was a Top Trend for 2023.
HYPER-ECONOMICS, HYPER-DEBT, AND ANOTHER GREAT DEPRESSION
According to the Congressional Budget Office, U.S. Debt is expected to exceed FIFTY-FOUR TRILLION DOLLARS by 2034.