Pivotfarm's blog

For the first time in 2016 according to estimates, the US will not be the most economically-powerful country in the world, but the second since World War II.

Abenomics was being hailed as the modern Japan’s answer to worries and woes, but it seems that Prime Minister Shinzo Abe will now most certainly have to put off dealing with Japan’s national debt as the economic outlook in the country looks decidedly compromised

We hear day in and day out that the economy here is going down the tubes, that the banks there are tying up the markets and exploiting them and that China is contracting, that Greece will be the ruin of the already-ruined European Union and the so the list goes on

The UK economy is recovery at its best rate since 2010 today with figures that are released by the British government via the Office for National Statistics (ONS).

The Greeks have been in recession now for six long years. While economies around in neighboring EU countries seem as if they are shining with just a glimmer of hope that the recession is over, the Greeks are not partaking in any of that.

When it was suggested it was considered in the blazing battles of the bail-outs and the scraping of the bottom of the drawers for extra cash as the God-sent answer to all EU woes and worries.

‘The bigger they are, the harder they fall’ has always been true and is seemingly even more so today with regard to the BRICs (Brazil, Russia, India and China)

If we can judge by the announcement from the Obama administration, the relations between the US and Russia are at their lowest ebb for decades and they couldn’t get much colder.

The US trade deficit is now at its lowest point since that date and currently stands at $34.22 billion for the month ofJune 2013.

According to the index the construction of the world’s tallest buildings have always coincided with the great slumps and recessions that we have gone through in history.

Just a few days ago on July 27th President Barack Obama said that the next Fed head had to consider average Americans when setting monetary policy. If only that were true.

Goldman Sachs and the London Metal Exchange have had a case brought against them both in a court in the US regarding anti-competitive behavior in aluminum storage, with a monopolistic effect thrown in for good measure.

Now that Edward Snowden has been granted temporary asylum in Russia and he has been allowed to leave the airport, things are starting to hot up between the US and Russia. 

A discussion post NFP of markets, economics and tapering!

We are told that the Chinese do not have any money left, that the coffers are empty and that they will have to go the same way as the US and start printing presses rolling along so that the banks end up flush again and the economy rebounds.