So what are the stock picks for 2019? Assuming the contrarian view that the stock market rout in December (the worse since the Great Depression) was merely a normal pull-back after a good run? But keep in mind that the recent stock price surge could also be a bear market rally (a sucker’s rally) spurred on by President Trump’s Plunge Protection Team (PPT) and a $64 billion end of year rebalancing out of bonds into stock by...
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Unwinding the everything bubble began in the final quarter of 2018 and it is likely to be a big story in 2019. The central bank’s bubble of everything was financially engineered with nearly a decade of experimental monetary policy. Through a policy known as quantitative easing QE, the major central banks purchased approximately 15 trillion dollars of assets in the market to create the so-called “wealth effect”. The idea, albeit...
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What if protecting strategic industries were the real motive behind US-China trade tensions? A strategic industry is defined as one that a country considers vital for its economic development. Strategic industries cover a wide spectrum, they include the steel industry, important commodities and the techno-driven sector, particularly those active in next-generation technology. So strategic industries are a valuable piece in the game of...
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Blockchain’s disruptive technology could be in its infancy and has yet to be fully explored. Blockchain’s disruptive technology facilitated cryptocurrencies, a digital version of notes and coins completely autonomous and outside the traditional banking system. Blockchain’s disruptive technology converts something digital (codes) into an online global asset, with a unique traceable identity that can be owned, stored,...
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The US-China trade war timeout could be interpreted as neither side being able to secure what they want but at least avoiding the worst-case scenario, albeit in the short term, of escalating trade tensions. So here are the main points of the US-China trade war timeout that have come from “the most anticipated dinner between the US and Chinese presidents in years”, Bloomberg. The US will leave existing tariffs on $200...
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