Following the Hamas strike on Israel, Saudi Arabia, Iran, and Qatar blamed Israel for the weekend’s major military operation that the West blamed solely on “terrorists/militants.”
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ECONOMIC UPDATE — MARKET OVERVIEW
It’s all in the numbers. The Dow Jones Industrial Average closed down 430 points today and the S&P 500 fell to its lowest level since the start of June.
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THE SYSTEM IS ON THE CUSP OF LOCKING UP, AGAIN!
If you were to ask the average person “what happened during the 2007-2008 Stock Market Crash/Financial crisis?” What caused it? You may hear answers like; “it was brought on by banks who were writing subprime mortgages, giving mortgage loans to anyone with a heartbeat-regardless of if they had a job, or even the ability to make mortgage payments.”
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BIDEN VOWS TO KEEP SENDING WEAPONS TO UKRAINE DESPITE AID FOR UKRAINE OMITTED FROM STOPGAP BILL
President Joe Biden worked Sunday to assure Ukraine that American support will continue after Republican members of the House omitted Kyiv funding from its stopgap bill to keep the government funded until 17 November.
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NO CONSPIRACY AT ALL: SCIENTISTS WORKING OVERTIME TO GENETICALLY REDESIGN HUMANS AND EVERY OTHER LIVING THING
A report this past week detailed how scientists are now perfecting technology that can deliver mRNA “vaccines” through the air.
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RETAILERS IN U.S. REPORT ‘UNPRECEDENTED LEVELS’ OF THEFT
The National Retail Federation released a survey last Tuesday that stores across the U.S. lost an “unprecedented” $112.1 billion to theft in 2022.
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POT MEET KETTLE: U.S. ACCUSES CHINA OF USING MEDIA TO SPREAD DISINFORMATION
The U.S. State Department is concerned that China is using social media and news outlets to promote disinformation that can change public opinion.
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ECONOMIC UPDATE – MARKET OVERVIEW
Back in November of 2022, The Trends Journal had forecast a stock market spike in 2023. We noted that over the past 40 U.S. midterm elections, the S&P 500 rose 16.3 percent in the next 12 months and considering the economic data, the trend would continue.
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MAXIMUM SATURATION
For many years now, I have warned that at one point a “maximum saturation” moment would eventually occur in the financial system—it’s already started.
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GLOBAL DEBT SETS RECORD AT $307 TRILLION
The amount of money owed by governments, businesses, households, and individuals grew by $10 trillion in this year’s first half to a record $307 trillion, the Institute of International Finance (IIF) said in a 19 September report.