by Reuters.com | Jul 10, 2024 | alerts, Markets/Economy
Payment issues between Russia and China, caused by U.S. sanctions, pose serious issues for Russian imports of Chinese cars that have supplied the domestic market over the last two years, the head of Russia’s car dealers’ association told Reuters. Moscow...
by Michael Markowski | Jul 5, 2024 | alerts, Markets/Economy
My research has resulted in another major discovery.   Lululemon (symbol: LULU) has same problem as NIKE (symbol: NKE). Two of the pillars of the Consumer Discretionary Sector for the U.S. and the world are in the process of crumbling.  At 07/05/2024 the market...
by Bloomberg.com | Jul 5, 2024 | alerts, Markets/Economy
Flow of supertankers headed for the Asian nation drops sharply Decline in cargoes adds to concern over China’s demand outlook The number of supertankers headed for China dropped to the lowest in almost two years, adding to recent concerns about demand in the largest...
by Michael Markowski | Jul 4, 2024 | alerts, Markets/Economy
My research of NIKE’s reported earnings and press release for Fiscal 2024 resulted in a significant discovery.  NIKE will be the poster child for the secular bear market that is now underway. My target for NIKE’s peak to trough decline is 80 percent. S&P 500...
by Bloomberg.com | Jul 3, 2024 | alerts, Markets/Economy
Colonial First State eyes discounted stocks in China, CIO says China stocks provide opportunity to diversify portfolio Colonial First State is eyeing discounted China securities as it seeks to lift its emerging markets exposure to diversify its portfolio. Chief...
by Bloomberg.com | Jul 2, 2024 | alerts, Markets/Economy
Local government urged to provide subsidies and forage Beef is a pricey option for China’s cash-strapped diners The Chinese beef market is facing a conundrum. The government has pushed farmers to raise production at home and opened the door to more imports, but a...