Wednesday, September 25, 2024

3rd Quarter 2024: The War rages on with Israel the ''new Nazi Germany'' and the American people spend their way thru it unconsciously, as the Globe heats up literally

 Olde Business:

Employment numbers in the USA stay strong

 August 2024: the American economy added 142,000  jobs in the month of September, and the unemployment rate decreased at 4.2%

 July 2024: the American economy added 114,000  jobs in the month of October, and the unemployment rate rose to 4.3%

June 2024: the American economy added 206,000  jobs in the month of November, and the unemployment rate rose to 4.1%

May 2024: the American economy added 272,000  jobs in the month of May, and the unemployment rate held at 4.0%

CPI Inflation 2023/2024

                                    Oct  2023:     3.2 percent 
                                    Nov 2023:     3.1 percent
                                    Dec 2023:      3.4 percent

                                    Jan  2024:     3.1 percent
                                    Feb  2024:    3.2 percent
                                    Mar 2024:     3.5 percent

                                    Apr  2024:    3.4 percent
                                    May 2024:    3.3 percent
                                    Jun  2024:    3.0 percent

                                    Jul  2024:      2.9 percent
                                    Aug 2024:     2.5 percent
                                    Sep  2024:    


 Wall Street Casino Markets 2024
                            1st                    2nd                    3rd                    4th Nasdaq 100 +9.1            +8.3                                                     S&P 500        +10.2         +3.9  DJIA                  +5.6                -1.7           ========================================================================
New Business:

1:Kyiv launched its surprise incursion into Russia’s Kursk region August 2024, taking Moscow by surprise and quickly advancing some 30 kilometers (19 miles) from the border. But the campaign slowed and, on Thursday, Ukraine’s President Volodymyr Zelensky confirmed that Russia had launched “counteroffensive actions.” The Russian Ministry of Defense said Russian forces had “penetrated” into the Kursk region, capturing 10 settlements.

2:In August 2024, Israel human rights organization B'Tselem released a report on systematic Israeli abuse, torture, sexual violence and rape of Palestinian detainees, calling the Israeli prison system a ''network of torture camps.'' The report includes extensive testimonies from Palestinians.

3:Climate changes rages the World thru June 2024 with 14.5% of the world's surface having a record-high June temperature, exceeding the previous June record set in 2023 by 7.4%. A sunken village in Greece has re-emerged as heatwaves and a lack of rainfall have led to the artificial lake surrounding it to recede.
A huge wildfire has destroyed 20% of a forest in the Brazilian capital, Brasilia. Officials think the fire in the National Forest of Brasilia, a 5,600-hectare conservation area, was started by arsonists.
So far in July 2024, the USA has the second-highest number of tornado reports (1,264) of any year in the past 15 years. We’ve also seen very high numbers of hailstorms (4,108 — the fifth most active year) and damaging windstorms (8,978 — the second most).


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Expect the Lords of War to ramp up production of armaments.

These corporations are the greed and corrupt destroyer of life, expect their stocks to soar.

YTD - Sept 20, 2024

Saab AB         SAABY             43%

General Atomics     

Lockheed Martin,     LMT           27% Textron Inc,            TXT                6%

Thales Group,     THLLY              11% BAE Systems Plc, BAESY        17% Elbit Systems Ltd,    ESLT           (8%) 

AeroVironment,     AVAV            55% Hindustan Aeronautics Ltd, Northrop Grumman    NOC        12%

(makers of drones)

                    Dividend News 2024:

Increasing accumulation of AT&T , Walgreens Boot Alliance and PEY again.


Inflation has level off at high levels above the Fed target of 2%. War has not cause a usage uptick as China is in an industry slowdown. Hurricanes did not cause closures as I predicted, so far. The War did not cause OPEC to stick together and ramp up prices. But stay tuned as these ''abnormal scenarios'' reach reality.

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Mid year pricing and wages are still up, but worker shortages are not being meet with immigration creating a slow down in skills needed. AI has proven it was a false flag on corporate balance sheets. Presidential and local elections are looking to move the USA back to democratic ideals but moderate at best.


LONGS: Military based corporations

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