Wed, 2 August 2023
Japan capitulates again, interest rates spike, yen falls. Fed is getting frustrated that the markets don't think it's serious. Under the headlines, the economy is still slowing. --manufacturing indexes are in contraction -- commercial real estate is falling -- housing is frozen, stocks hit new highs and are cutting prices. There’s a shortage of housing due to 3% mortgages. Baby boomers can’t downsize. Niger coup roils the uranium market. Why political risk is a real thing. The BRICS meeting is this month, expect lots of chatter leading up to it. Is Elon Musk the most powerful person on earth? Drones and AI are taking over warfare. The Cold War was scam. Now the rearmament cycle begins anew. Visit John at: https://Rubino.Substack.com Visit us at: https://FinancialSurvivalNetwork.com
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