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Market Talk – May 16, 2022

March 18, 2024May 17, 2022
Market Talk

ASIA: India’s wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market. India banned wheat exports on … Read more

Categories Economy Tags Asia, Bonds, Energy, Europe, Gold, Silver

Americans More Concerned with Inflation than Abortion

May 17, 2022
The US Healthcare System

Sorry, Democrats, but Americans are more outraged that they cannot afford to live than whether others should be able to terminate pregnancies. A poll by Rasmussen Reports found that both Republicans and Democrats are far more concerned … Read more

Categories Political Tags 2022 US Midterm elections, abortion, inflation, Row V Wade

Buttigieg Blames Private Sector for Formula Shortage

May 17, 2022
Baby formula shortage has anxious parents stalking shelves nationwide

Transportation Secretary Pete Buttigieg, the man who suggested everyone immediately switch to electric vehicles to combat the “Putin gas hike,” has a new message for American parents struggling to feed their babies – deal with … Read more

Categories Economy Tags Abbott, Baby Formula Shortage, Pete Buttigieg, supply chain crisis

Sentiment Timing – Morning Notes 5/17/2022

March 16, 2024May 17, 2022
Sentiment Timing Morning Notes

From yesterday: I am still leaning on buying weakness here, but one does have to be careful.  We saw the spx test my support 1 (3986), where buyers stepped in and closed the spx back above … Read more

Categories Stocks, Bonds, and Trading Tags morning notes, morning report, sentiment timing, video report

WHO’s Grand Play for World Power

March 16, 2024May 17, 2022
World Health Organization

QUESTION: Well Mr. Armstrong, it looks like you will be right on again. This new WHO treaty on pandemic response is their wet dream. I believe you said they will eventually be locking down for … Read more

Categories Miscellaneous Tags Bill Gates, Hillary Clinton, One World Government, UNESCO, Vaccine Mandate, WHO, World Health Orginization

Inflation Crippling Low-Income Americans

March 16, 2024May 16, 2022
US Dollar dominates as inflation heats up scaled

We went from a booming economy to staring down the next recession. Inflation has reached 8.3%, and most Americans are troubled that they will no longer be able to afford their standard of living. According … Read more

Categories Economy Tags Gallup Poll, housing crisis, recession

Dow suffers longest losing streak since 2001 as stocks benchmarks extend weekly losses despite closing sharply higher Friday

March 16, 2024May 15, 2022
Dow Jones Industrial Average - DJIA - Overview, History, and Components

Nasdaq books its biggest daily percentage gain since November 2020 U.S. stocks ended sharply higher Friday, but all three major benchmark still booked another week of losses, as investors assessed the scope for further downside … Read more

Categories Stocks, Bonds, and Trading Tags bitcoin, Nasdaq, SP 500, stocks

How a bitcoin market ‘in extreme fear’ compares with the past, and what to expect next

May 15, 2022
Bitcoin Logo

Terra’s collapse marks “the largest wealth destruction event in the short history of the crypto markets:” QCP Capital It has been a bloodbath week, as some called it, for the crypto market. Stablecoin USDTerra, or UST USTUSD, +27.89%, once among … Read more

Categories Cryptocurrency Tags bitcoin, Crypto, stablecoin, Terra

The Real Reason Behind The EU’s Drive To Embargo Russian Oil

May 14, 2022
long-term oil prices

This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, … Read more

Categories Economy Tags Russian Oil

China, Cryptocurrencies & Why CPI “Has Not Peaked”

May 14, 2022
Tether Cryptocurrency

Heading into Monday, I wrote about how I believe the perfect “limit down” storm is still overhead and how I continue to wait for capitulation and real fear (and maybe the Fed to be scared) to even … Read more

Categories Cryptocurrency Tags Charlie Munger, China, CPI, Russia
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