According to the latest TGR Monthly Bulletin of Public Finance Statistics (April 2022), the import VAT on energy products has increased by 77.9%, representing more than...
It has been the worst start since 1939. Yes, we have to go back that far to find a year off to a worse start then...
Oil prices were already on their way up this year, well before Russia invaded Ukraine. Now, with embargoes on Russian oil in place in the US...
Will Russia invade? Will inflation prove to be just transitory? So far no. Will oil prices top $100? Will gold break through $1,900 and head for...
The stock markets keep going up. This rebound after a 5% or so correction is swift so it may not have legs but still could make...
The debt ceiling is saved – at least until December. Evergrande is over – well probably not. The U.S. job numbers are showing a weakening economy...
Markets appear to be heading lower even as we are also seeing some positive divergences. Gold/silver made an interesting reversal this past week possibly signaling a...
Evergrande and the looming debt limit fight are the topics of the week. Apparently Evergrande didn’t make the payment triggering a 30 day window. Will PBOC...
Stock markets continue to rise but divergences are growing and margin debt is at another record. Negative patterns are developing. The market needs a rest. Gold...
All African countries are deeply affected by the corona crisis and the fall in oil prices. However, the most affected is Angola. That is because the...