Two things that caught my attention this week, 2/4/19:
- US factory order weakness today = 2018 USD bounce biting; similar to this time last year when “coordinated global growth” was really just 12% USD decline in 2017. USD must be weakened or else economic weakness will likely continue.
- According to the WSJ, China and Russia have put aside longstanding tensions to cooperate and counter the U.S. Some say China/Russia alliance won’t last due to historical tensions, may very well be true – but for as long as US has missiles pointed at & only a few seconds of flying time from Moscow, their alliance will continue to grow, if only out of necessity.
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