Donald Trump campaigned to become US President on conflicting promises about big banks. Some of the populist talk followed Trump into office. But clearly, actions speak louder than words. The steps taken by the new government have been towards pure deregulation. This is how the cycle repeats.
About Terence Duffy
The McDonald brothers explained that franchisees find land in a prime position, take out a lease, and borrow funds for construction. Who’d have thought the founder’s success in getting started came not from the sale of burgers but from the value in the land on which the burgers were made?
Artificial intelligence is by no means a new concept. The term was first coined nearly 60 years ago. But it continues to give the impression that it’s something which will happen in the future. China wants to be at the forefront of this rapid growth now, and it’s already made a step in the right direction.
President Xi has called it ‘the project of the century.’ The initiative is motivated by a desire to boost economic growth in both China and nearby countries. This will provide a growing market for trade. It’s the largest overseas investment plan ever launched by a single country. According to ratings agency Fitch, US$900 billion of projects are planned or under construction.
The world’s biggest bond fund believes we’re in a Goldilocks environment. And they think the trend will persist throughout 2018. This paints a rosy picture of the global economy and now the world’s biggest central bank agrees.
We’re probably due for another panic. And should we get one, don’t expect a complete stock market collapse and recession.
There’s probably no other subject where misconceptions abound more than with the state of China. All predictions pen China to economically collapse.
China announced plans for massive global infrastructure projects - The ‘One Belt, One Road' project will revive ancient networks of the silk trade routes.
Who’d have thought McDonald's success came not from the sale of burgers, but from the value in the land on which the burgers were made?
It’s no surprise that US investment banks have come up with an acronym for high-flying tech stocks that have led the current bull market: FAANGs.
Dodd Frank had to go; the real estate cycle demanded it. This is history simply repeating before your eyes.
What if everything you thought you knew about markets is wrong? Unfortunately, that’s the case with most people who trust mainstream economists and financial media ‘commenters-for-hire’, according to Phil Anderson.
Terence Duffy explains exactly where Aussie property is in the 18-year cycle…why those predicting a crash this year will be proven wrong again…and why Phil Anderson will likely be proven right once more…
These days, the biggest story about short selling is Tesla [NASDAQ:TSLA].
The share price of New Zealand centric construction company Fletcher Building Ltd [ASX:FBU], has fallen by more than 4% today.