A group of 99 American healthcare workers, who served inside Gaza, penned an open letter to U.S. President Joe Biden that called for Washington to end its support of Israel’s brutal campaign inside the enclave—stating that the actual death toll is about three times the believed number.
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NATO’S NEW HEAD VOWS MORE WAR IN UKRAINE
Mark Rutte, the new head of NATO, told reporters last week that his top priority as the alliance’s new leader is to support Ukraine's war effort against Russia.
ECONOMIC UPDATE – MARKET OVERVIEW
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.
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.
ECONOMIC UPDATE—MARKET OVERVIEW
On 20 September, gold surpassed $2,600 for the first time after the U.S. Federal Reserve reduced its interest rates by 50 basis points two days earlier.
DON’T BET ON IT: CEOS SAY REMOTE WORK IS ENDING
Seventy-nine percent of CEOs told KPMG’s 2024 CEO Outlook Survey that remote work will largely be over within two years.