Rui MR Pinto

 Summary and Comment   This week, no major news, except for the Donald Trump indictment in the US, which will most likely be favorable to him next year, when the run for office begins (he will be playing the role of the victim and underdog). In the US, PCE price index came out slightly lower […]

Summary and Commentary   Past Wednesday, March 22 2023, the FED raised interest rates another 0.25 %, and signaled that more rate hikes might not be required. We were assured the banking system is robust and deposits are kind of guaranteed… But you should decide who to trust. The markets have been swinging up and

Summary and Comment   The past two weeks were packed with information and hot news. First, the banking system failures and instability. On March 8, Silvergate Capital announced that it was going to wind down operations and liquidate its bank. Two days later, U.S. regulators closed Silicon Valley Bank after a bank run by customers.

The Week in Review Also available in video format:   Russia Suspends Participation in the “New START treaty” Russian President Vladimir Putin declared Tuesday that Moscow was suspending its participation in the New START treaty, but not entirely withdrawing from the pact yet. New START’s official name is The Treaty between the United States of

The Week in Review Also available in video format: https://youtu.be/lFlEDmEs9ek Four UFOs (UAPs) Shot Down In the wake of four mysterious objects being shot down over North America, a member of NASA’s Unidentified Anomalous Phenomena (UAP) panel—set up to study unexplained sightings in the sky—has weighed in on what these latest objects could be. The

The Week in Review  Also available in video format: https://youtu.be/UWHyTvt-sdY Earthquake in Turkey and Syria The week started with terrible news A massive, deadly earthquake struck southern Turkey before dawn local time on Monday. The 7.8-magnitude quake has killed thousands of people in Turkey and neighboring Syria. It also triggered dozens of destructive aftershocks. Turkey

The Week in Review   Also available on YouTube: https://youtu.be/neqUxWXBRG4 This was a big week in the economic and financial fronts, hence this report might be a bit longer than usual. News Highlights Tensions in Iran                  Iran said one of its ammunition depots was attacked in a

News Highlights   On the 5th of December 2022, the EU started enforcing an embargo on Russian crude oil exports. The sanctions were supposed to curtail revenues and at the same time dissuade European shippers from moving fossil fuels to the rest of the world. One month later, an Investigate Europe and Reporters United investigation

Summary: This week, the rich, powerful and visionary met in Davos, Switzerland (World Economic Forum). Nothing very useful came out of there, including the interviews that passed on the mainstream media. There is a general optimism of the politicians and stock markets. But both technical indicators and fundamentals point downwards. It’s too soon for optimism