IMF CUTS OUTLOOK FOR CHINA’S ECONOMY The International Monetary Fund (IMF) predicts China’s economy will grow by 4.8 percent this year, not the 5.7 percent it had foreseen previously, the agency said in its annual outlook report. China’s 8.1-percent growth last year depended too heavily on exports and government investment while consumer spending sagged, the...
Tag: feb 1 2022
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AMERICANS’ ECONOMIC OUTLOOK BLEAKEST IN 10 YEARS
While the billionaires have gotten trillions of dollars richer, the average Americans’ view of their economic future is the darkest since November 2011. That’s a low that is even worse than in the early days of the COVID War, according to the University of Michigan’s monthly survey of people’s economic outlook. The index fell to...
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ELITES ARE THE PROBLEM THAT MUST BE FACED
It’s past time to go after monied elites. Fueled by a stranglehold on modern technology and virtually all major institutions in society, their power is unprecedented in modern history. And it’s being corruptly leveraged to accrue more power, while undermining the will not only of average Americans, but of citizens in democracies all over the...
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MARKETS: CRASH OR CORRECTION?
By Gregory Mannarino TradersChoice.net The stock market IS NOT CRASHING. Currently the stock market is in a corrective phase, something I have been saying that the market needed for months on my YouTube blog. Here is a bit of information for you… markets do not always go straight up! As obvious as that may seem,...
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U.S. MARKETS OVERVIEW
STOCKS CAP WILD WEEK WITH A GAIN, AND KEEP RISING U.S. equity markets gyrated through last week but managed to close the stretch with a gain for two of the three indexes, ending a three-week downturn. The late Friday rally was fueled by strong earnings reports by major companies. The biggest of the market pushers...
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