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Economist’s “News and Views” Thursday 5-2-2024

BRICS CBDC Rolled Over: Is the US Dollar Come to an end?

Fastepo:  5-1-2024

In 2024, the BRICS nations have made significant strides in the development and implementation of Central Bank Digital Currencies (CBDCs).

These efforts are part of a broader strategy to enhance their financial autonomy and reduce dependency on the US dollar for global trade.

 Each BRICS nation is at various stages of CBDC exploration and deployment which we discuss in this video.

https://www.youtube.com/watch?v=3agjSwkm6ZQ

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Black Swan Event Is About To CRUSH The U.S. Economy

Atlantis Report:  5-2-2024

There is a growing sense of unease among the influential people in the United States. Rumors of an upcoming economic disaster have intensified to the point of being overwhelming.

 Recent fluctuations in the value of the U.S. dollar have caused a lot of anxiety among investors and policymakers worldwide.

While a strong currency is usually seen as a positive thing, in this case, its sudden surge has created uncertainty and left many people worried.

Understanding the reasons behind this situation, the threat of recent fluctuations of the U.S. dollar, and the complex dance between the Federal Reserve and interest rates is essential.

https://www.youtube.com/watch?v=5H7G6wozZf0

'Historic' 40% Rally In Stocks By Summer: David Hunter Doubles Down On Market Melt-Up

David Lin:  5-2-2024

David Hunter, Chief Macro Strategist of Contrarian Macro Investors, is doubling down on his market melt-up forecast, calling for the S&P 500 to test 7,000 before the melt-up ends.

 A global deflationary bust follows.

0:00 - Intro

1:33 - Market melt-up summary

8:40 - Fed monetary policy

11:36 - Trigger for market rally

16:54 – Inflation

 21:05 - Small caps

23:05 - Sectors that will out/underperform

 26:30 - Gold

29:23 - U.S. dollar

30:44 - Yield and bonds

34:44 - Global deflationary bust

 43:55 - Bank failures

https://www.youtube.com/watch?v=t9vNPckCZMo

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