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Market Talk – February 26, 2019

Asia: Most of the major Asian stocks decreased today after yesterday’s impressive rise, particularly in the Shanghai Composite. The Shanghai dropped 63bps to 2943 today. Nikkei decreased -0.37bps to 21449; Kospi decreased 25bps to 2227; Hang Seng and ASX 200 decreased 65bps and 94bps to 28772 and 6128 respectfully. Gold did not absorb any of […] read more

Market Talk – December 16, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 606.60 points or 2.13% to 29,066.32 Shanghai increased 27.39 or 0.75% to 3,675.02 Hang Seng increased 54.74 points or 0.23% to 23,475.50 ASX 200 decreased 31.40 points or -0.43 to 7,295.70 Kospi increased 17.02 points or 0.57% to 3,006.41 SENSEX […] read more

Market Talk – January 14, 2020

ASIA: President Trump’s trade war with Beijing reduced the US’ trade deficit with China last year, although Chinese manufacturers still export far more to the US than vice versa. China’s widening surplus provided ready ammunition to the Trump administration as it placed round after round of tariffs on the country’s goods to get Beijing to […] read more

Market Talk – December 2, 2020

ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 13.44 points or 0.05% to 26,800.98 Shanghai decreased 2.56 points or -0.07% to 3,449.38 Hang Seng decreased 35.10 points or -0.13% to 26,532.58 ASX 200 increased 1.70 points or 0.03% to 6,590.20 Kospi increased 41.65 points or 1.58% to 2,675.90 SENSEX […] read more

Market Talk – December 15, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 27.08 points or 0.10% to 28,459.72 Shanghai decreased 13.89 or -0.38% to 3,647.63 Hang Seng decreased 215.19 points or -0.91% to 23,420.76 ASX 200 decreased 51.30 points or -0.70 to 7,327.10 Kospi increased 1.44 points or 0.05% to 2,989.39 SENSEX […] read more

Japan Tax Revolt & War?

For the Japanese to ever protest it is highly unusual. Nonetheless, there is rising tension in Japan as reflected by about 200 housewives that marched down a shopping street in central Tokyo. They were protesting taxes beating pans and shouting slogans criticizing a government plan to double Japan’s 5 percent consumption tax. This tax hike in […] read more

Market Talk – December 10, 2021

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 287.70 points or -1.00% to 28,433.77 Shanghai decreased 6.69 or -0.18% to 3,666.35 Hang Seng decreased 259.14 points or -1.07% to 23,995.72 ASX 200 decreased 31.00 points or -0.42 to 7,353.50 Kospi decreased 19.34 points or -0.64% to 3,010.23 SENSEX […] read more

Russia May Have Shot Down US Cargo Plane

An air cargo jet operating under US Transportation Command took off from Kyiv, Ukraine after delivering 200,000 pounds of Ammunition.  It then violated the air space of Belarus, violated Russian Air Space, and “disappeared” from flight tracking as it entered Kazakhstan.  At this time we are not certain that the plane was shot down. Nevertheless, […] read more

Market Talk – December 9, 2021

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 135.15 points or -0.47% to 28,725.47 Shanghai increased 35.47 or 0.98% to 3,673.04 Hang Seng increased 257.99 points or 1.08% to 24,254.86 ASX 200 decreased 20.90 points or -0.28 to 7,384.50 Kospi increased 27.77 points or 0.93% to 3,029.57 SENSEX […] read more

US Property Taxes Wipeout Savings & Profit

The American Dream and the pushing of home ownership is one of the biggest scams the politicians can pull off. The above home sold for $14,000 in 1956. Today, the property taxes are $10,000 annually.If you sell it today for even $200,000, the IRS looks at the difference as profit – not inflation. Then they […] read more