The Aussie market tends to follow global markets, particularly the US. For that reason, The Rum Rebellion will regularly keep you up to date with what’s happening in the world’s major markets.
Global politics is also at a critical juncture. There is a big-picture arm wrestle happening between the forces of globalism and those who believe in the pre-eminence of national sovereignty.
You can see this in the British peoples’ desire to escape from the stifling regulation of the European Union. You can see it in the increasing support Trump is getting for his ‘Make America Great Again’ stance, despite around the clock criticism and lies from the establishment media.
The Rum Rebellion stands for individual freedom. Decentralisation of power is the key to this. Globalisation, on the other hand, is a force for the centralisation of power and the slow and covert imposition of rule by unelected elites.
Our comments on global politics will rail against globalisation and rule by technocrats. It will include calling out fake news, as the establishment media is a key player in the globalisation movement.
The flare up in interest rate markets overnight, coming just ahead of the Feds expected decision to lower the funds rate tomorrow is ominous. I wouldn’t panic about the jump in interest rates. The Fed…
Stocks aren’t too worried about this latest oil spike. That’s a little concerning. Complacency doesn’t usually end well in markets…
What will be the next trigger? It could come from anywhere. Will China take us into a global recession? Will the US? How will our world look like in five…10…50 years?
Germany is falling into a recession. Italy’s already there. The retail and financial sectors have been underperforming. And we’re at a critical point in the stock markets, created by falling bond yields, a weak economy.
After the peak in late 2017/early 2018, we should be seeing a recession…and soon! That would portend a recession by early 2020. Bonds up, markets down — that’s the message. Better to look at the…
WeWork is different…it’s a ‘growth’ story. And like all other stories in this land of fantasy, it’s written in large RED ink. As long as it’s a ‘growth’ story, we’ll keep placing an over-over-over inflated…
Lacklustre GDP growth and inflation numbers has central bankers, politicians and business leaders in varying states of anxiety and flux. The central bankers know the winter chill is coming, but they’re pulling out all stops…
At time of writing, the share price of Fortescue Metals Group Ltd [ASX:FMG] is down 3.96% trading at $7.27. The FMG share price has shed over 20% since it hit a 52-week high on 4…
Now the unthinkable — negative rates —are becoming the new ‘normal’. Only a few years ago having negative interest rates was something deemed impossible. But in the last week we have seen efforts in the…
Before 2030, US deficits will hit $2 trillion per year and total federal debt will go over $40 trillion. Here’s why. Sometime in the months ahead, a stock market crash and a recession are inevitable.…