There are now less than 100 days until the next presidential election in the United States. The party conventions have come and gone, yet there is still no clear perception on how either candidate is going to return growth to the American economy. President Barack Obama may be the first regular tenured president to not have a single year where growth exceeded 3%. If this decade long interruption in normal growth rates is not reversed, the United States will soon experience a […]
Global Investing Blog
Weekly Market Review & Target Fills July Week 5
The big economic news for the week is the spectacular growth in revenue for the United States technology giants and the far lower economic growth than forecast. The American companies of Apple, Amazon, Facebook, Google, Microsoft, are global leaders in their respective fields. Quarter 2 results saw impressive revenue growth overall. The United States economic GDP (Gross Domestic Product) growth came in at 1.2%, while 2.6% was forecast. In addition, Quarter 1 GDP was revised downward again, back to 0.8% from 1.1%. […]
Weekly Market Review & Target Fills July Week 4
The major news event effecting markets globally especially in Europe, was the failed coup attempt against President Erdogan that took place in Turkey last Friday. About 290 people were killed and over 50,000 arrested detained or suspended. It is likely these targeted lists were created well in advance by the government. Travel and tourism stocks there have moved lower as a result. The aftershocks were felt in European markets already taking a hit from the recent terrorist attacks. The Turkish Istanbul 100 […]
Elections In Japan Allows Government To Double Down On Abenomics
The electoral victory earlier this month for the government of Japan, will now permit two major goals of Prime Minister Shinzo Abe to come to fruition. That is a revision of the constitution and a doubling down on the economic policy, that has become known as Abenomics. The elections results were most likely seen as a further affirmation that the Japanese people have acceded to the belief, that there is little alternative to what the government now proposes. The ruling coalition not […]
Weekly Market Review & Target Fills July Week 3
The major news event effecting markets globally especially in Europe, was the terrorist attack that took place in Nice, France on Thursday. At least 84 people have been killed. Travel and tourism stocks have moved lower as a result, it is creating a terror driven sell off in European markets. The big investment news for the week is the surge in the American Dow Jones Industrial Average after a nearly 5% loss, as a result of Brexit. A six day rally has […]
European Union Now In The Hands Of German Voters
As the United Kingdom moves to withdraw from the European Union (EU) in what has become known as the Brexit, leaders across the Continent are increasingly looking to see what will Germany do under the new set of circumstances. There is no doubt that as the second largest economy in Europe makes preparations to follow an independent path, the role that Germany will play will be crucial within the EU. There is already strong movements in a number of other countries, that […]
Election Results In Australia Guarantee Further Gridlock
The Prime Minister of Australia called for an early election in the hope that he would be able to gain a larger majority in Parliament, permitting his reform agenda easier passage. After more than a week one of the closest elections in half of a century, has finally been decided. The conservative coalition led by Malcolm Turnbull will retain power, but it will be by a majority of just one vote. The stability of the new government is likely to be even […]
Weekly Market Review & Target Fills July Week 2
The big news for markets this week is the rebound towards the end of the week in global indexes, following the precipitous drop that started the week on continuing Brexit fears, as well as a slowing United States and global economy. The American Dow Jones Industrial Average after losing some 300 points earlier in the week, has now pushed past 18,000, in a rally this morning with a gain of 200 points. This was due to the positive June jobs report. The […]
The Next European Union Crisis Unfolds: Banks In Italy
The 28 nation European Union (EU) has been in a state of disarray, since the Great Recession and the resulting financial meltdown in 2008 and 2009. The collapse in the American real estate market left banks, investment firms and numerous individual investors with mortgage backed securities that proved to be toxic. So many of these investments were nonperforming assets, that the entire banking financial system was in danger of collapse. Following the economic downturn, governments across Europe were left with entitlement outlays that were […]
Weekly Market Review & Target Fills July Week 1
The big news for markets this week was the rebound in global indexes, following the precipitous drop that followed the Brexit vote last week. The electorate in the United Kingdom have voted to leave the European Union. There had been a total loss of $3 trillion USD (United States Dollar) in world equities as a result of Brexit earlier this week. The American Dow Jones Industrial Average after losing close to 900 points in two days has now pulled nearly even, to […]