In this week’s Recap, Marcello talks about some data that shows that we are facing a drop in stocks very similar to the one the market suffered in the Great Depression; an unprecedented outbreak of Monkey Pox is triggering alerts worldwide. China’s President Xi (since 2013) will attempt an unprecedented 3rd term this fall, as he plans to extend his rule as China’s most powerful leader since Mao Zedong. Xi’s bold domestic & foreign policies remain controversial. His strict zero-COVID-19 strategy, his […]
Market Recaps
May 15: Crypto Luna Massacre, Baby Formula Shortage, Switzerland prepared Nuclear War (Recap ep175)
In this week’s Recap, Marcello talks about the aftermath of the collapse in prices of the Crypto Luna; There is a Baby formula shortage in the U.S.; Switzerland is preparing in case of nuclear attacks. U.S. consumer sentiment slumped to its lowest level in nearly 11 years in early May it was reported this week, as worries about inflation persisted, but household spending remains underpinned by a strong labor market & massive savings, which may well keep the economy expanding for the […]
May 8: Everything Collapses, Gucci Accept Crypto, Elon Musk mentions New World Order (Recap ep174)
In today’s Recap, Marcello talks about how most markets around the globe fell; Gucci is accepting cryptocurrencies as payment method; Elon Musk gave a hint to the new world order at the MET gala. U.S. Federal Reserve raised interest rates by +0.50% in the biggest single-meeting increase in 20 years. Although the Fed Chair Powell said that additional half-point rate increases will be on the table at the next couple of meetings, he added that Fed officials aren’t actively considering a 75-basis-point […]
May 1: Mark of the Beast has Arrived, Bitcoin Legalized in 2nd Country, Food Shortages Affected Extreme Flooding (Recap ep173)
In today’s Recap, Marcello talks about a way of payment using an implant placed inside your hand; Bitcoin is now legal tender in the Central African Republic; More analysts are predicting a food shortage in 2023. The Central African Republic adopted Bitcoin as its official currency, thus following El Salvador’s as the 2nd country to do so. Bitcoin was made legal tender after lawmakers voted unanimously to pass the bill legalizing the world’s largest cryptocurrency & other cryptos, according to the chief […]
April 24: Food plants mysteriously burn down, SpaceX internet, Elon Musk murders Bill Gates meme (Recap Ep172)
In this week’s recap, US & world markets in general ended lower this week, with the Russian/Ukrainian conflict showing no signs of ending soon and the World Bank lowered its global growth forecast for 2022 by nearly 1%, from +4.1% to +3.2%. The IMF also cut its global growth projections for 2022 & 2023, now projecting a +3.6% GDP rate. This represents a -0.8% & -0.2% drop saying the economic impact from Russia’s invasion of Ukraine will propagate far & wide. Corn […]
April 17: Elon Musk War Against Twitter, Warren Buffet Sociopath #1 Bitcoin Enemy, Inflation & Food Prices Explode (recap ep171)
In today’s Recap, Marcello talks about the faceoff between Tesla’s CEO, Elon Musk, and Twitter when he made a public offer to buy 100% of the social media firm; Warren Buffet was called a sociopathic grandpa from Omaha by Peter Thiel; Inflation and food prices are still going up. Elon Musk offers to buy 100% of Twitter for $54.20 a share (at a 54% premium), saying the social media company needs to be transformed privately, a little over a week after first […]
April 10: Elon Musk buys Twitter, Europe Prepares Nuclear War, New Cardano & Solana Futures (Recap Ep170)
In this week’s recap, the global stock markets ended lower as the US inflation rate reaches 40 year high. EU building up strategic reserves for chemical, biological, and radio-nuclear emergencies. Union mobilized the medical reserve unit to procure potassium iodide tablets. Biden Food Shortages continues with Walgreens Rationing Baby Formula. Twitter shares soared +27.12% Monday to $49.97, with a market cap of $31.47B, after filings revealed that Tesla CEO Elon Musk had purchased a 9.2% stake in the social network. Musk’s 73,486,938 […]
April 3: Marijuana Legalized! New World Order Confirmed, Cryptos Banned in Europe (Recap ep169)
In this week’s Recap, Marcello talks about how the U.S. House of Representatives passed a bill to Federally Legalize Marijuana; Europe bans anonymous crypto wallets, like Trezor, or Metamask, to protect against money laundering by attempting to complete “Know Your Client” (KYC) checks; “world leaders” are talking about a coming new world order. Tesla announced it wants to split its stock so it can pay a stock dividend to shareholders, according to a Securities & Exchange Commission filing on Monday. The electric […]
March 27: Biden Confirms Food Shortages, Warren Buffet Invests in Crypto, NFT Bubble Explodes (Recap ep168)
In this week’s Recap, Marcello talks about how President Biden confirmed that food shortages due to Ukraine’s conflict are going to be real; Warren Buffet invested in a Brazilian digital bank that invests in Crypto; Opensea daily volume dropped 72% to $70M from $250M. Business activity in Germany, Europe’s largest economy, dipped in March as output price inflation hit a new record high & the war in Ukraine impacted demand as well as supply chains. In France business activity accelerated unexpectedly to […]
March 20: Food Shortages, China Encourages Collapse Of Dollar, Inflation To Get Worse (Recap ep167)
In this week’s recap, Marcello talks about how the ongoing conflict between Russia and Ukraine is going to affect the surge of supplies to harvest and produce food; Saudi Arabia is now in talks with China to create yuan-priced oil contracts, which will discourage the use of US dollars, thus worsening inflation. The Labor Department stated Tuesday that wholesale inflation in the U.S. shot up +10% last month from a year earlier in another sign that inflationary pressures remain intense at all […]