US President-elect Trump threatens European Union with major tariffs.
"I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!"
Indian women now own 11% of the world's gold supply, which is more than the next top 5 country's gold reserves:
🇮🇳 Indian women: 24,000 tonnes
🇺🇸 USA: 8,133 tonnes
🇩🇪 Germany: 3,362 tonnes
🇮🇹 Italy: 2,451 tonnes
🇫🇷 France: 2,436 tonnes
🇷🇺 Russia: 2,298 tonnes
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The US stock market is now on track to post back-to-back losses during the “Santa Claus” rally period.
This has only happened 2 times in history.
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If we gave you $1 Million but said you have to invest it in something by the end of 2024 and can't touch it until 2030
What would you do? 🤔
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For the first time in history, the Indian Rupee weakened through the 86 level against the U.S. Dollar for a new all-time low
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🔼 With just 2 trading days left in 2024 here's a full heat map of the NASDAQ 100's $QQQ performance so far this year
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🇮🇳 Indian Prime Minister Modi says India is becoming a hub for global trade.
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U.S. Dollar currently accounts for 58.2% of global foreign exchange reserves, higher than where it was at the end of 1980!
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World's biggest economies in 2028, projected by IMF:
🇺🇸 United States: $32.3 trillion
🇨🇳 China: $27.4 trillion
🇮🇳 India: $5.5 trillion
🇯🇵 Japan: $5.3 trillion
🇩🇪 Germany: $5 trillion
🇬🇧 United Kingdom: $4.2 trillion
🇫🇷 France: $3.3 trillion
🇧🇷 Brazil: $2.7 trillion
🇨🇦 Canada: $2.6 trillion
🇮🇹 Italy: $2.4 trillion
🇷🇺 Russia: $2.2 trillion
🇰🇷 South Korea: $2.1 trillion
🇮🇩 Indonesia: $2 trillion
🇦🇺 Australia: $2 trillion
🇲🇽 Mexico: $2 trillion
🇪🇸 Spain: $1.7 trillion
🇹🇷 Turkey: $1.3 trillion
🇳🇱 Netherlands: $1.2 trillion
🇸🇦 Saudi Arabia: $1.2 trillion
🇨🇭 Switzerland: $1.1 trillion
🇵🇱 Poland: $1 trillion
🇹🇼 Taiwan: $0.99 trillion
🇳🇬 Nigeria: $0.9 trillion
🇹🇭 Thailand: $0.7 trillion
🇮🇪 Ireland: $0.7 trillion
🇧🇩 Bangladesh: $0.7 trillion
🇻🇳 Vietnam: $0.7 trillion
🇦🇷 Argentina: $0.7 trillion
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China becomes the first country to produce 10 million electric vehicles (EVs) in a single year.
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US manufacturing is struggling:
Manufacturing job openings fell by 13,000 in October, to 465,000, the lowest since September 2020.
Since April 2022, available vacancies in the manufacturing sector have dropped by a whopping 532,000.
In effect, they are now below the 2018 pre-pandemic levels.
In November, manufacturing jobs fell 61,000 year-over-year to 12.9 million, the second-lowest since August 2022.
This marks the 4th consecutive monthly decline in manufacturing employment.
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Nvidia $NVDA is the only Magnificent 7 name to close today Green
⏺🔴🔴🔴🔴🔴🔴
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Saudi Arabia announces $500,000,000 economic support package for Yemen.
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Here are the largest companies in the world ranked by revenue
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Performance in 2024:
Apple: 34.4%
Nvidia: 183.1%
Microsoft: 16.8%
Alphabet: 40.3%
Amazon: 50.1%
Meta: 70.1%
Tesla: 83.4%
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US Congressman Ro Khanna calls to ban Congress from trading stocks.
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India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year.
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Diamonds may be a girl's best friend but they're your portfolio's worst nightmare. Prices have fallen to their lowest level this century!
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BRICS plans $19,000,000,000 boost in oil production in 2025.
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Russia uses Bitcoin in foreign trade, finance minister says.
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Warren Buffett's Berkshire Hathaway has lost $2 Billion on its Occidental Petroleum $OXY position
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The IRS is sending up to $1,400 to 1 million tax filers who qualified for pandemic stimulus checks in 2021, but didn’t claim them, per CNBC.
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There is a 40% chance that the Federal Reserve will pivot back to raising rates next year, warns Apollo Global Management
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