Hi Readers
I'm a happy camper today my multi got up on the NFL and yes the icing on the cake was the Packers.
Also today we saw that China has no intention of bailing out the property developers and while the US market and traders seems to be ignoring whats playing out little do they realize that there shadow government Blackrock and Vanguard are going to take the brunt of the international losses.
The other interesting development which I saw today was import costs for China have risen over 12% for the month of September, and while China basically manufactures almost everything these costs haven't been past on as yet but for how long will they wait.
Some are asking big deal so what! well if China starts exporting inflation on the already growing inflation at the present time around the world what will that do to current levels, last I checked that's fuel to the fire.
Biden Last week made all these stupid comments about working 7 days a week 24 hours a day at ports, but what he doesn't realize is because the guy has dementia is, its been happening for the last 4 months. Its nothing new but its a media beat up that he's doing something about it..Which is a joke
Joe Biden is a puppet killed the countries energy industry in a week and now the people are going to suffer for it.
Oh by the way before I start getting emails about what/who are the shadow governments of the world please do this little exercise. Any country around the world the top Banks, Pharmaceutical, Energy, Mining, Infrastructure, Media or Property builders in the top 5 investors you will see Blackrock or Vanguard on there register lists. This is how they are able to paralyses governments into submission to get what the want or choose. Refusal will have serious ramifications for the government.
As the old and true saying goes "follow the money".
Chinese cant be bought which has screwed them and therefore they are playing the other side of the market at the present time. Until Powell get confirmed the market won't collapse as some think it will, sure it can fall but not collapse, once this is done then you need to be careful.
The other thing that I found interesting is that Chinese property prices have fallen 22% in the last 4 months to September and for the 12 month period its 31%, current sale prices look like this is going to get worse so what does that say for property prices around the world?
In Crypto's we saw a nice $3k move on Bitcoin over the weekend which would of made some grocery money.I think once these ETF's get the go ahead we might see some slowdown in the volatility of Bitcoin.
As always the above is based on Astrological aspects
I'm not a financial advisor, I am a financial Astrologer.
Seek professional advice on more on the above.
The above information should be used as an indicator to your own work.
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