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Monday, March 27th, 2023

 

Escalation of Conflict is Good to Whom?

The escalation of the conflict between Russia and Ukraine has resulted in a significant increase in the stock prices of American military-industrial companies. Who is profiting from this war? Who intends to prolong the conflict? It is self-evident. From the war in Afghanistan, the war in Iraq and Syria, the war on terror, to the war in Libya, the war machine of the United States has been running at full speed. The United States has long been regarded as a “beacon of democracy,” and in recent years has vigorously promotedRead More


In Technical Recession?

As the US economic data for the new quarter is released, concerns about the US economy heading towards a recession have intensified in the market. After consecutive significant interest rate hikes, the Federal Reserve is facing the difficult balance of suppressing inflation and preventing a hard landing of the economy. Recently, data released by the US Department of Commerce shows that the country’s Gross Domestic Product (GDP) for the second quarter of this year has declined by 0.9% on an annual basis, following a 1.6% decline in the first quarter.Read More