On today’s show, US inflation is down to 3.2%, what does this mean for America going forward? US Stocks saw their biggest single day gain for 2023, does this mean America is back on top?

The US Inflation rate for October 2023 was down to 3.2% falling from 3.7% in its previous month. Consumer prices had remained relatively the same since September 2023 and rent rates continue rising but it was at a much slower

Core inflation which removes food and energy was actually down 4.0% for October from 4.1% in September. The largest contributors to this would be the reductions in used car and trucks of 7.1% year on year and Medical Care Services down by 2%. With the housing markets, prices still have been

In a recent interview with Bloomberg, Cathie Wood, CEO & CIO of Ark Invest has shared that the CPI figures released by the Fed was expected for this month. Cathie also referred to staples prices which remained high but the volumes were actually declining due to the demands and will be forced to start cutting prices in the future. With the new CPI data, one can only wait and see what the Fed does going forward as inflation is moving in the right way. One should not forget though that the growths experienced post summer, i.e. August and September is not a likely trend to sustain.

Now the stock markets in America saw one of if not the largest rally for 2023 on November 15. The main boost in the US Stock market is the recent inflation and CPI report which would have been some positive news for investors who would be more willing to invest their funds in the markets. Target saw an increase in their share price of 17.95% on Wednesday closing at US$130.54.

The stock market has been doing well for the last 3 days, but as with anything during this time of uncertainty, one should invest with caution, focus on the fundamentals and not market activities as the market may be doing well today but no one knows what it will be like in the next quarter or 2. We can only hope that things progress as is and the Fed

Coming up on today’s show, Disney’s revenue are up again for the first time in over a year, what does this mean for the production giants going forward. Also, Apple is on the verge of being sued for US$14B in taxes by the EU unpaid in Ireland and the SAG-AFTRA strike in the United States has finally come to an end.

Today we will look at how the conflict in the Middle East can potentially impact Oil prices of the world. We will also look at the current UK AI Summit, is AI a force for good or evil? And lastly we will look at Asos and their potential big

Global oil prices have actually been trending

With the commodities rising only moderately, it is clear as the World Bank puts it that global economies have reduced their dependencies on oil prices. The report also states that policy holders should remain alert.

The first of it’s kind, AI Safety Summit, is currently underway for November 1st and 2nd 2023 taking place in the Buckinghamshire, UK, where leaders and policy holders are meeting to discuss AI and it’s impact on the World Economy. There is potential and serious, even catastrophic harm that is either deliberate or unintentional as the AI systems develops. The document also stated that the leaders have vowed to have a human centric and trustworthy AI system implemented as it poses an international risk and so international leadership and actions are required. AI also brings a lot of positives through it, which are also welcomed by leaders. With future generative technologies to come, AI can in fact accelerate the diagnosis of diseases, it could also combat

Many governments are currently moving forward

Once considered the darling of British Fast Fashion, and having record breaking sales during the pandemic due to their online dominance, ASOS is now experiencing a loss greater than anyone could ever imagine. Revenues currently are also down to 3.5 billion pounds from 3.9 billion. This immediately saw a reduction in the share

Today we will look at the rise in costs in food in the world economy. Also the US Economy rises for the first time in 2 years, what does this mean for America going forward? And we will also take a look into the UAW strike, have they finally reached an agreement with the big 3 US carmakers?

Global high food prices have become the norm this year with basic necessities almost doubling in prices in some markets and everyone world wide feeling the burden.

Similarly the rise in prices have affected the Asian markets and more particularly Malaysia. With a large rise in immigrants in the country, demand for food has changed over recent years and so increased demand for all food within the country has occurred. Malaysia has implemented and been using a short term “quick fix” to their food industry, but a more sustainable and developed one will be suited. The challenge is that the longer and detailed food strategy by the government will take a lot of strong planning and political commitment.

The US Economy has seen tremendous growth for

The UAW and Stellantis group have reached a tentative agreement on Saturday October 28, 2023, but it must still be approved by UAW leadership before updating the UAW local union leaders and then making a public announcement. This update comes just shortly after Ford had reached a deal with the UAW leaders. Ford shared that the strike has caused them to lose $1.3 Billion dollars and with the new terms of agreement, the labour costs

On today’s show we will look at the rise in inflation rate in the United States for the month of September 2023 and its effects on the economy. We will also take a look behind the Sam Bankman Fried trial. Netflix will be increasing their price for subscribers in certain regions, what impact will this have on the streaming giants?

The Consumer Price Index saw a 3.7% increase year over year, however core inflation which would remove volatile energy and food prices remained firm at 0.3%.

Treasury yields on the other hand rose shortly after the CPI data was released. Investors are also losing confidence in the US bond market as there was a greater than normal sell off in the bond market during afternoon trading as the new US auction was not highly sought after.

Sam Bankman Fried is now under trial due to his

During the trail it was discussed that there was actually a leak of FTX’s balance sheet with the public which showed how heavily reliant Alameda was on FTT, the crypto token issued by FTX. The CEO of Binance Changpeng Zhao had then posted a message on Twitter that he would liquidate all his holdings in FTT and that is what led to the demolition of the FTX empire. Changpeng Zhao was actually willing to work with

Netflix has announced they will be increasing their subscription prices on certain plans for some markets.

There is another war happening, this time between Israel and the Palestines, how will this affect the world as

Israel is a country known to many in the food and beverage industry as having the best tasting dates in the world and has been considered one of the largest producers of these fruits worldwide. Date production has however been under threat this year with the rise in global temperatures and so making the region much hotter which would in turn allow for less dates to be harvested this year and also them to be less soft and silky due to the lack of water that would be able to be absorbed by them.

The Palestines on the other hand are known for their supply of exotic marbles and limestone. Israel would be the largest trading partner for the Palestine territory due to their positions and access to the free ports.

The United States and Russian Presidents have picked opposing sides as to who they support. If this war is not contained, it runs the risk of being spread across into neighbouring countries across the Middle East, Southern Europe and Africa.

The UAW is the union and protection for the autoworkers industry in America and the workers are striking against the big 3 automotive companies. This has been the largest strike since the UAW was formed close to a hundred years ago and it is the first time that they have targeted all three automakers at once. What angers the workers the most is that all three companies combined generate over $25B dollars per year in profits, they can afford to pay executives high salaries but the workers are left with nothing but empty promises and no real sight as to the future.

Today we will talk about the rise in the GDP in Jamaica and their future outlooks by the World Bank and International counterparts, we will also look at the bedbug epidemic that is happening across Paris and its potential impact on tourism for the economy and we’ll also look at Africa’s latest ratings from the World Bank.

On today's episode the US Government is on the verge of a government shutdown if a deal is not made within the next 24 hours what will this mean for America as we know it? The CEO and founder of Evergrande is currently been investigated on suspected illegal crimes, what does this mean for the Chinese economy going forward? and Chelsea Football Club has raised US$500M from Ares, what more will this have on the club as we know it today?

Today we will take a look at the interest rates across EU member countries and how it impacts residents within. We will look at the long haul sell off happening behind the S&P 500 and NASDAQ Indexes and also has Country Garden finally found the secret to turn around their long problems.

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Today we will look at the ARM IPO as undertaken by Softbank and what this means for the IPO market going forward, Apple had there long awaiting Wonderlust event on September 12, 2023 how has the markets responded to this? The Women’s US Open has a new Champion Coco Gauff, how has the teenager benefitted from winning such a prestigious title at such a young age.