
Eric Loh
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It's the economic stupid and it will hit home and hard. The headline CPI inflation was 3% in January compared to consensus economost forecast of 2.8% price increase from Jan '24 to Jan '25 according to DJ. Consumer prices rose 0.5% from Dec to Jan on a seasonally adjusted basis, WORSE than estimates of 0.3% month over month rise. This inflation spike is even before his silly trade war started. DJ, S&P and Nasdaq are tanking and Powell's speech pointed to the FED not reducing the rate soon. That will hurt the consumer sentiment. His honeymoon period will be shortlive.
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U.S. Resumes Food Donations to World Food Programme After Suspension
Eric Loh replied to Georgealbert's topic in World News
Reckless wrecking ball approach with no plan and made adjustments along the way when problems become evident. This is a disastrous freewheeling administration that is a recipe for disaster. Already 3 weeks of numbing chaos. -
Forget the nitty gritty stuff. Look at the big picture. China was able to host 2 meetings and has allowed China to manoeuvre itself to be the antithesis to US. They have mediated unity agreement between Hamas and Fatah and post war governance and china support a 2 states solution. Trump’s plan will not received any support from the Middle East countries. His plan only benefit China.
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WTF. Just so wrong and cringy. Is that how the most powerful man in the world behave picking fights with a young pop star. He need to stick a pacifier in his mouth.
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