Market Data 
Markets
Replies to post #44419 on Market Direction and Stock Trends
07/17/22 10:05 PM
We are staring into the eyes of a global economic contraction into 2023. There is no question that the sanctions against Russia are undermining the world economy and is particularly dealing a major blow to the EU which is simultaneously trying to enforce this Great Reset - climate change. They are creating a food and energy crisis in Europe and now even the Spanis farmers are coming out in support of the Dutch. This is indeed the summer of discontent.
China's GDP figures for the second quarter have shown a very sober view of the future. The economy is holding on for now avoiding a contraction. The covid-induced lockdowns, have seriously harmed economic growth and undermined the confidence in China. This will make it very hard for the economy to expand.
The latest analysis of how the shock of rising energy prices, and the global heatwave which is impacting food for 2023, shows that we should also expect wild swings in a climate similar to the 1930s where we move from extreme heat to extreme cold - highly volatility like a market in panic mode.
The prospects of war continue to expand. These politicians think they can actually wage war against Russia, win, and keep it conventional. All of this to hide the collapse of socialism for they have reached the end of the road in continuing to borrow endlessly.
DiscoverGold 
AI
