I bet very few noticed this: while NVIDIA and fellow bubbly tech stocks are having quite a hard time, banks, especially large ones, are actually showing remarkable strength in the 3rd quarter of 2024. Shocking, isn’t it? Back in February when I wrote “WE HAVE NO ALTERNATIVE BUT TO RIDE…
Month: September 2024
HOW THE US TREASURY HAS BEEN ACTIVELY CONTRIBUTING TO INFLATE THE STOCK BUBBLE, BUT NOW IS RUNNING OUT OF ROOM TO DO SO
So many people lately have been talking and writing a lot about the US Treasury “Buy Back” program officially started in May this year with the excuse of improving liquidity in the US Treasuries market (Debt buyback program set to improve liquidity, says US Treasury official). However, what many fail…
THE TWO KEY PRINCIPLES UPON WHICH CHINA IS REBOOTING ITS ECONOMY (AND THAT THE WEST DOESN’T UNDERSTAND)
I’ve spent over a decade living in Hong Kong, regularly traveling through Mainland China—except during the Covid-19 period, for obvious reasons. While many foreigners left, I stayed, immersing myself in the region’s culture and economy. This unique vantage point gives me direct access to life in China, unfiltered, while staying…