Posted on 07/04/2021 8:04:23 PM PDT by nickcarraway
Most Asian stocks gained on Monday, extending the rally that took global equities to a record high after a U.S. jobs report signalled the economic recovery remained intact but didn't yet warrant any immediate withdrawal of Federal Reserve stimulus.
Japanese markets, however, bucked the trend, with the Nikkei falling 0.5per cent following a surge in COVID-19 infections in Tokyo, just weeks before the city hosts the Olympics.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3per cent, led by a 1per cent gain in Taiwan. Chinese blue chips added 0.1per cent.
(Excerpt) Read more at channelnewsasia.com ...
Record unemployment, supply chains in chaos, long term sovereign debt at records, housing bubble, stock bubble, deficits/debt up huge, no one paying their rent, everyone hiding under beds, globull pandemic ..., - why am I the only one who sees this and think safety. I am the anti investor. I am always wrong on my investment opinion.
Anyone who believes government reports, especially these days, is an idiot.
Forced Debt Rally.
❎
Me thinks Japan the longtime bug is going to find the windshield shortly after the Joke Woke Olympics. Call it their curse for being the first to rush to Washington DC to embrace an illegal pResident.
You can always invest in China. XPEV and NIO look better than Ford and Tesla.
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