Hi readers
What a week it was and to cap it off we see Wall Street correcting on a Friday .
The 5% tariff on Mexico has nothing to do with Mexico or the illegal immigration.
It's has more to do with industry that has closed up in the US and moved to Mexico for cheap labour.
When you think about it Trump is just taxing Americans.
It's more about his personal agenda as opposed to illegals coming into America from Mexico.
Remember cash is king and wait for opportunities as they will be just around the corner.
World wide the financial markets are imploding in the hope of new borrowers continuing the cycle.
But as you can see in Australia wages aren't growing as fast as inflation and the debt burden is eating into consumer spending which is cracking the economy.
This was happening 4 years ago in Europe and is just continuing to get worse with the gap betweet Haves and have nots are record levels.
To put it simply banks lent on forward wage rises and they haven't come through.
So mortgage stress is very high, I'm waiting to see a Stockmarket jolt or correction how banks will react.
The biggest tax cut any government can give its people is a freeze on the cost of living.
The food bill which is the silent inflationary indicator is continuing to rise and no one is prepared to do anything about it.
Utility bills you can reduce but the grocery bills you simply can't.
Trouble is coming as governments are ignoring the warning signs.
For those of you who are keen to know I will be putting up a few cryptic coins which I have done the financial astrology for clients.
Permission has been given so will be posting soon.
You don't have to invest in them just watch them and see how the financial astrology works.
In stocks
Keep an eye out for bargains as they will soon come.
As always the above is a financial astrology perspective.
Use it as an indicator to your own work.
Ask your financial advisor on more on the above.
What a week it was and to cap it off we see Wall Street correcting on a Friday .
The 5% tariff on Mexico has nothing to do with Mexico or the illegal immigration.
It's has more to do with industry that has closed up in the US and moved to Mexico for cheap labour.
When you think about it Trump is just taxing Americans.
It's more about his personal agenda as opposed to illegals coming into America from Mexico.
Remember cash is king and wait for opportunities as they will be just around the corner.
World wide the financial markets are imploding in the hope of new borrowers continuing the cycle.
But as you can see in Australia wages aren't growing as fast as inflation and the debt burden is eating into consumer spending which is cracking the economy.
This was happening 4 years ago in Europe and is just continuing to get worse with the gap betweet Haves and have nots are record levels.
To put it simply banks lent on forward wage rises and they haven't come through.
So mortgage stress is very high, I'm waiting to see a Stockmarket jolt or correction how banks will react.
The biggest tax cut any government can give its people is a freeze on the cost of living.
The food bill which is the silent inflationary indicator is continuing to rise and no one is prepared to do anything about it.
Utility bills you can reduce but the grocery bills you simply can't.
Trouble is coming as governments are ignoring the warning signs.
For those of you who are keen to know I will be putting up a few cryptic coins which I have done the financial astrology for clients.
Permission has been given so will be posting soon.
You don't have to invest in them just watch them and see how the financial astrology works.
In stocks
Keep an eye out for bargains as they will soon come.
As always the above is a financial astrology perspective.
Use it as an indicator to your own work.
Ask your financial advisor on more on the above.
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