Author Archives: Mike Valles

China Is Using Loans to Spread Its Control

Although China had been largely isolationist in past decades, it is now secretly spreading its influence through loans to developing nations. The loans are being made to some of these nations in amounts that cannot be easily repaid by those governments – and then the collateral is taken in terms of resources or land when they cannot be repaid. The ...

Read More »

Markets Surge, but the Picture is Mixed for Tuesday

The stock market continues to act like the weather – good one day and bad the next – unpredictable. It continues to defy prediction and even great news has little lasting effect. At least, there is still some hope left. Hopes seem to have been buoyed by President Trump’s statement that we cannot stay closed forever, and that we don’t ...

Read More »

COVID-19: NYSE Shuts Down Trading on Floor- Now Wholly Digital

Preventing the spread of coronavirus is not limited to schools, churches, and sports. Groups over 10 should be avoided – and now that includes the New York Stock Exchange. All trading on the floor will stop as of this coming Monday. Electronic Trading to Begin Trading will continue through the NYSE but it will all be done electronically. It will ...

Read More »

Politicians Want End of Drug Reliance from China

Amid the rapidly growing coronavirus situation, which certainly has most everyone’s attention, two politicians bring up once again the matter of drug shortages in the United States. The matter was first brought to light back in 2011, which saw a shortage of injectable drugs, and it resulted in the formation of the Drug Shortage Task Force, an agency overseen by ...

Read More »

The Stock Market Rallies Once Again

After a large loss yesterday at the stock market, Tuesday saw a large recovery. Investors are glad to see such a strong one-day gain after things were looking quite bleak on Monday. Salary Tax Cuts for Business Promised One of the events that were believed to bring some positive action to the markets was the White House’s move to help ...

Read More »

The Oil Wars Have Begun

After a deal between Russia and OPEC could not be reached, oil prices were sent to levels it has not seen since 2016. Russia was hoping to broker a deal with Saudi Arabia in which overall oil production would be reduced. The major oil-producing company refused to cut production. In fact, they did the opposite – announcing that they would ...

Read More »

The Fed Rate Change and Market Picture

The markets today have been positively influenced by many recent events. Still, there seems to be a dark shadow looming over the economies of the world. Although the stock market has seen an increase so far today, very few doubt that a major recession is on the way. The Fed Lowers Interest Rates Yesterday, the Fed lowered its rates by ...

Read More »

Stocks Seen to Be Recovering – with Some Good News

On Monday, the stock market showed massive improvement since it bottomed out last Friday. This occurred not only in the United States but also in various stock markets around the world. Positive news, along with some action from governments, has unleashed an upward movement of 1,294 points on the Dow Jones. Since then, the market has edged up in fits ...

Read More »

What Investments to Make While Coronavirus Spreads

In the past few days, the stock market has taken quite a loss. This may have you wondering if you should be investing in stock at all or what kind of stock you might buy in light of the current stock market losses. Remember that while some sectors may experience losses, such as oil and transportation, other markets will thrive. ...

Read More »