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The bottom line is Jerome Powell has screwed up. No, that’s not from President Trump. That comes from legendary investor Louis Navellier.In yesterday’s Special Market Podcast in Growth Investor, Louis weighed in on President Trump’s attacks on Federal Reserve Chairman Jerome Powell:The latest criticism is, President Trump wants to get rid of Jerome Powell. Ok, well, unfortunately, I have to agree with him because Powell is fighting a mythical inflation that hasn’t occurred yet.We’re not going to have more tariffs other than the Chinese tariffs because everybody is caving. Everybody is meeting with the administration; everybody is dropping their barriers....

China just raised the stakes in its standoff with Washington. Despite President Trump's recent attempts to dial down the rhetoric and hint at possible tariff relief, Beijing isn't budging. A spokesperson from China's Commerce Ministry flatly rejected any notion of progress, calling U.S. claims of renewed dialogue groundless. The message: if the U.S. wants to talk, it needs to first undo the damagestarting with a full rollback of unilateral tariffs, now as high as 145%. China also made it clear that future talks hinge on more than just kind words; Washington needs to get serious about core issues like sanctions...

Great Wall Motor, a China’s firm, aims for long-distance travel with its next-gen Haval Xiaolong Max hybrid EV. GWM's Haval Xiaolong Max PHEV SUV. credit: GWM China’s Great Wall Motor (GWM) has introduced the second-generation Haval Xiaolong Max plug-in hybrid SUV, featuring updated exterior styling and the company’s in-house Coffee Pilot Plus driver assistance system. The new model promises to offer more range, power, and smart features. Haval Xiaolong Max blends modern styling with practical features The latest Haval Xiaolong Max follows the brand’s “rhythmic natural aesthetics” design language with a refreshed exterior that gives the SUV a more modern...

As China reacts to the latest round of Trump’s tariffs on Friday, announcing a 125% tariff on all American goods, vice president of the Beijing-based Center for China and Globalization, Victor Zhikai Gao, commented: “We don’t care! China has been here for 5,000 years. Most of the time, there was no U.S., and we survived.” When pointed out that China “will lose the U.S. market,” which accounts for 15% of all trade, he added: “If the United States wants to bully China, we will deal with a situation without the United States, and we expect to survive for another 5,000...

GUANGZHOU, China — At his factory in southern China, hat supplier Jeffy Ma is trying to keep up with global demand as well as President Donald Trump’s seismic changes to international trade. His company, Ace Headwear, sews, embroiders and finishes golf visors, cycling headwear and baseball hats for brands such as Wilson and Fila, as well as for Major League Baseball teams. About 40% of the hats his 350 employees make are sold to the United States. “For us, the manufacturing profit is very low, so we cannot absorb so much,” Ma told NBC News last week at his factory...

The U.S. is still reeling from the COVID-19 pandemic with more and more long COVID cases emerging. Bird flu is a growing threat. Measles outbreaks have been occurring. Antibiotic-resistant organisms continue to spread in healthcare settings. So what do you do next if you are in charge of the U.S. Department of Health and Human Services, which is supposed to protect the health of humans in the U.S.? How about lay off the entire staff of the U.S. government’s Office of Infectious Disease and HIV/AIDS Policy?

American military strategists are actively gaming U.S. military response scenarios to a potential Chinese invasion of Taiwan by 2026. The wargames have already found that the U.S. would have to lose more than 900 fighter jets — up to half of its fighter jet fleet — and a large number of U.S. warships to turn back China, a new report revealed Monday. [...] The basic details of the war game are that China decided to force reunification with Taiwan, [...] As of Monday, the war gamers had studied the scenario 22 different times. In 18 of the 22 cases, Chinese...

Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car. The company said the battery and charging system, called "Super e-Platform", boasted peak speeds of 1,000 kW, allowing cars to travel up to 470 kilometres (292 miles) after being plugged in for just five minutes.

Hong Kong will file a complaint on recent US tariffs imposed on the city to the World Trade Organization, claiming the United States has completely ignored the city's status as a separate customs territory, chief secretary Eric Chan said on Tuesday (Feb 11). "This is absolutely inconsistent with the WTO rules. Of course, they have totally disregarded Hong Kong is a separate customs territory," Chan, the China-ruled city's number two official, told reporters. "We will file a complaint to the WTO regarding this unreasonable arrangement," he said without giving specifics. Chan was responding to a US decision to impose 10...

China’s state-run Global Times on Sunday rounded up ministers and business leaders to condemn President Donald Trump’s ten percent tariff on imports from China, which were scheduled to take effect on Tuesday. “China’s position is firm and consistent. Trade and tariff wars have no winners. The U.S.’ unilateral tariff hikes severely violate WTO rules. This move cannot solve the US’ problems at home and more importantly, does not benefit either side, still less the world,” the Chinese Foreign Ministry said. The Foreign Ministry insisted China has “one of the strictest and most thorough drug control policies in the world,” so...

BEIJING, Jan 29 (Reuters) - Chinese tech company Alibaba (9988.HK), opens new tab on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The unusual timing of the Qwen 2.5-Max's release, on the first day of the Lunar New Year when most Chinese people are off work and with their families, points to the pressure Chinese AI startup DeepSeek's meteoric rise in the past three weeks has placed on not just overseas rivals, but also its domestic competition. "Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B,"...

WASHINGTON (Reuters) -President Donald Trump ordered the U.S. to withdraw from the Paris climate agreement on Monday, once again placing the world's top historic emitter of greenhouse gases outside of the global pact aimed at pushing nations to tackle climate change. Here are some reactions to the announcement of the second U.S. withdrawal from the climate pact: SIMON STIELL, U.N. CLIMATE CHANGE EXECUTIVE SECRETARY "Embracing (the global clean energy boom) will mean massive profits, millions of manufacturing jobs and clean air. Ignoring it only sends all that vast wealth to competitor economies, while climate disasters like droughts, wildfires and superstorms...

On Sunday, December 22, the Chinese state-run CGTN's correspondent in Ankara reported, citing an Iranian security official, that Pourhashemi died after being shot by a Syrian officer during a meeting in a joint operations room in Aleppo.According to the report by Yakup Aslan, the meeting included Iranian military advisors and Syrian army commanders and took place amid advances by rebel forces in the outskirts of Aleppo...The report noted that IRGC commanders believed a counteroffensive against Assad's opposition, supported by Russian airpower, was possible at the time. However, Syrian commanders hesitated to issue the necessary orders...Armed opposition forces, in a surprise...

It's December and seems the right time to play music related to Christmas back in the 1970's Boney M... "I'm praying for you China" Those lyrics in that song wow! We were all praying for China when it opened up opening up opportunities for evangelism in my youth. Well, the situation with China today is... It seems to me listening to folks like Gordon Chang a decade before COVID that China was in the crosshairs to become 'the enemy'... COVID was more than its 'origin' it was lockdowns, masks and vaccines... As I reflect on March of 2020 I was...

Multiple women have said they are boycotting Thanksgiving with their families in the aftermath of Donald Trump's election victory.(snip) Boycotting Thanksgiving with family members who voted for Trump is another way some women are protesting the election results, with many posting about it online.(snip) In one viral TikTok video, Anna Gantt, a 26-year-old mother, told how she and her fiancé had decided not to spend Thanksgiving with her family members who voted for Trump. She said: "This is already the most sad holiday season I think I will ever experience - solely for the fact that I have made the...

BlogEventsShopKnowledge Center Contact Us Store Account Blog Economics The Recession into 2028 Trump Does Not Understand The Recession into 2028 Trump Does Not Understand Posted Nov 17, 2024 By Martin Armstrong | SPREAD THE LOVE WEC 2016 Orlando QUESTION: Mr. Armstrong, thank you for the WEC. Many people feel this was your best. Your solution to save our country was spectacular, and you deserved the standing ovation. My question is that you said that Trump and RFK would not listen to you despite everything you have done. You did not explain why. May I ask why? FP ANSWER: As I...

The Navy is failing to build warships on time or on budget. Putting campaign donations and local employment interests above national security, members of Congress have been unwilling to take bold action to fix things. An absence of skilled workers, inefficient unions, and COVID-19-related challenges have further complicated matters. The next president and Congress thus face a choice. Either they accept China’s dominance of the western Pacific Ocean or they do the once unthinkable and appropriate funds to build warships in the dockyards of allied nations such as South Korea, Japan, and the United Kingdom. Time is not a luxury...

The Ukraine war will end in a surrender, not in a negotiated deal. That is my sense of where the war is headed and why the parties cannot negotiate a settlement. The latest wrinkle in the missing negotiating saga is a declaration in the form of an interview given by Ukrainian President Volodymyr Zelensky to the Philadelphia Inquirer. In the interview, Zelensky said there can’t be direct negotiations between Ukraine and Russia but there could be indirect negotiations through a third party. In Zelensky’s proposed scenario, the third party will serve as an intermediary and any deal will only be...

<p>'Any car company that’s not paying attention to them as a competitor is going to be lost when they hit their market. BYD’s entry into the U.S. market isn’t an if. It's a when....'</p><p>The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost three times as much. A shorter-range version costs under $10,000.</p>

Chinese electric auto-giant BYD has released a bold supercar concept through its premium Fang Cheng Bao brand. The Super 9 rocks no roof, the barest hint of windscreen, and lascivious scissor doors – and it's apparently headed for production. BYD is the world’s largest EV producer. It produced 20% of the 10 million EVs sold globally last year, from Tesla (13%), Volkswagen (9%) and General Motors (6%) – those are all very rough figures for simplification purposes. For stats – go here. It is also the dominant brand in the world’s largest and fastest growing automotive market, at a time...