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US Housing Due for a Correction?

Fed Chair Jerome Powell stated that the US housing market would “probably” go through a “correction” period. It is of no surprise as home prices were steadily rising from 2020 until recently after mortgage rates rose and many were simply priced out of the market. The supply chain shortages continue to present a problem for […]

Market Talk – September 21, 2022

ASIA: Taiwan will never allow China to “meddle” in its future, the government said on Wednesday, after a Chinese government spokesperson said Beijing was willing to make the utmost effort to strive for a peaceful “reunification” with the island. China claims democratically governed Taiwan as its own territory. Taiwan’s government rejects China’s sovereignty claims. China […]

Denver Tests Basic Income on Homeless

Governments love to conduct social experiments on the masses. What would happen if we gave the most financially vulnerable in our population cash every month? The Denver Basic Income Project just approved a new general basic income program for a select number of homeless people who will now receive $1,000 per month in cash. The […]

Gun Purchases to be Tracked by Global Organization

The far left is eager to repeal 2A. We are not as free as we think. The International Organization for Standardization (ISO), an organization headquartered all the way in Geneva, will be tracking all gun purchases made on credit. The ISO develops standard documentation that is globally recognized. Gun sales were previously listed as “general […]

The New World – Alternative Order

Well, the Goldbugs are out in force claiming that Putin is creating a Moscow World Standard for gold. These people will never learn that their dream of some fixed gold standard has always collapsed throughout history. They have never played in the big leagues and consequently, they do not even understand the rules of the […]

Market Talk – September 8, 2022

ASIA: Japan’s economy grew more than initially reported in the second quarter, as the lifting of local COVID-19 restrictions boosted consumer and business spending. Gross domestic product (GDP) in the world’s third-largest economy expanded an annualized 3.5% in the second quarter, stronger than the preliminary estimate of annualized 2.2% growth, government data showed Thursday. The […]

Market Talk – September 6, 2022

ASIA: India’s dominant services industry grew faster than expected in August thanks to a solid expansion in demand and a continued easing in cost pressures, encouraging firms to hire at the quickest pace in more than 14 years, a private survey showed. Driven by strong growth in services and manufacturing activity, Asia’s third-largest economy expanded […]

Market Talk – August 9, 2022

ASIA: China’s export sector posted strong growth in July, providing a much-needed boost to the world’s second-largest economy, which is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year earlier, marking the fastest pace of growth this year, according to Chinese customs statistics […]

Market Talk – August 5, 2022

ASIA: China continued military exercises near Taiwan and flew drones near Japan on Friday, escalating cross-strait tensions that have threatened to boil over since Taipei welcomed US House Speaker Nancy Pelosi for a historic visit. Taiwan’s defense ministry said Chinese warships and aircraft continued exercises in the waters around the island, adding that Chinese People’s […]

Chinese on US Real Estate Spending Spree

The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices. Chinese buyers are now targeting the American housing market. In fact, Chinese buyers outnumbered buyers from any other foreign country and spent over $6 billion on […]