Security Alert About China’s Newly Launched Crypto-Yuan

China launched their new Crypto-Yuan (BSN) on Saturday, April 25, in Beijing.  The event was attended by government officials and leaders of organizations that joined the initiative. These include the China Mobile Communications Project Institute, UnionPay payment network, mobile operators China Mobile, China Telecom and China Unicom, and Beijing Red Date Technology.

World Economies Reopening Post Coronavirus – What It Means for Everyone in the Near Future

Currently there are over 3 million cases of coronavirus and over 211,000 dead around the globe. In the US there are over 1 million cases of the infected documented at present. Many nations are starting to reopen, including Italy. In the US some of the first states to reopen are Oklahoma and Georgia. However, many other states plan to open soon too, but with restrictions. The restrictions include wearing masks and people asked to be 6 feet apart. The US Guidelines on the reopening three phases here.

Japan Moving Manufacturing Out Of China – Will Domino Effect Occur Around the Globe?

The world is not going to be the same after the COVID-19 pandemic. The US Government is working on quantifying the damages coronavirus caused to the economy and China’s liability. The projected number is over $10 trillion. Also, there is a discussion of US defaulting on debt to China. Even though many nations are slowly starting to reopen their economies and providing plans in phases to reopen, the virus is still here.

China’s New Digital Cryptocurrency and Anti-US Propaganda

China is rolling out its own state owned digital cryptocurrency DCEP (which stands for the /electronic payment system). It is otherwise known as China’s central bank digital currency project. The digital yuan is expected to function more like a counterpart to paper money than a cryptocurrency. Unlike Bitcoin, Etherium and other cryptocurrencies, the DCEP value is expected to remain stable. Of course, it is China, therefore there would be no chance of privacy and China’s Central Bank will be able to monitor every transaction.

Global Economies and Russia Amidst Coronavirus – Economic Downturn Analysis and Scenarios

Coronavirus has forced a majority of nations around the globe to implement drastic measures. These include the support of businesses and private citizens to alleviate losses and financial strains. In the US and Canada unemployment applications are reaching all time highs. A majority of nations in the West embraced an approach adverse to globalism.

The virus originated in China and they didn’t take initial reports seriously, instead they threatened doctors and closed a laboratory that published an open source genome sequence of the virus. If it wasn’t for conglomerates craving marginal profits and moving a majority of manufacturing from the West to China, it wouldn’t have such catastrophic effects on the global population.

US Proposes Blue Dots Agreement to Counter One Belt One Road Initiative in Asia

This week there was a discussion in Russia about the possible countermeasures the US is planning against China’s One Belt One Road Initiative. Interestingly, due to the coronavirus and China, the stock markets are experiencing a turmoil.

The reason for the discussions is to develop additional strategies between Russia and China pertaining to the One Belt, One Road initiative, despite the virus outbreak. US Secretary Mike Pompeo also announced that  US President Donald Trump has invited Southeast Asian leaders for a meeting in Las Vegas next month. The summit is supposed to take place March 12, 2020.

Warning! Amazon Sells Products From China that Might Not Be Complying with FDA Rules

These days online shopping has become part of many regular shopping habits in many households around the globe. It is supposed to simplify and save time compounded with convenience. With the emerging of the virtual assistants like Alexa, it is even easier. Being an Amazon prime member, the convenience of free guaranteed delivery within 48 hours and in some instances 24 hours is an attractive shopping method.

Trade Pact Between Beijing and Washington “Very Close”

China and the United Stаtеѕ are close to concluding the fіrѕt рhаѕе оf a trаdе расt, the Global Times, a tabloid run by the ruling Communist Party’s official People’s Daily, said оn Monday. Reports, citing еxреrtѕ сlоѕе tо thе Chinese gоvеrnmеnt, said Bеіjіng аlѕо rеmаіnеd соmmіttеd to continuing talks оn thе second or even thіrd рhаѕе of аn аgrееmеnt wіth thе Unіtеd Stаtеѕ. US Prеѕіdеnt Dоnаld Trumр ѕаіd Friday thаt a trade deal wіth Chіnа “іѕ lіkеlу tо bе vеrу close.”

Dividend Aristocrats: Income Growth Over Time + Historical Outperformance

In this review, Durig examines the ways in which holding a diverse portfolio of dividend paying, high quality blue chip stocks can help to provide investors some much needed stability.

Performance Highlights

(all performance is reported net of fee, as of 11-15-19)
  • Lifetime Return of 14.06%
  • Average Dividend Yield of 3.34%

Quality Investments That Deliver

As trade tensions between the US and China continue to plague financial markets, investors are looking for high quality investments that can still deliver.

Durig has found the solution; blue chip dividend stocks.

China’s Domination of Raw Materials Export – Can the EU Find an Alternative Source?

The European Union (EU) members will hold discussions on the November 19 in Brussels, Belgium on measures needed to stop China’s domination in the area of rare earth elements and other critical resources. The issue is relevant due to the US-China trade war and security issues. It does not help that Russia recently decided to send over 82 tones of monazite to China in the near future. Monazite is a reddish-brown phosphate mineral containing rare earth metals.

Role of Putin’s Russia and BRICS Summit 2019

The 11th BRICS Summit will be held in Brasília, Brazil on November 13-14, 2019. This year’s BRICS slogan is “Economic Growth for an Innovative Future”. BRICS is the acronym coined for an association of five major emerging national economies: Brazil, Russia, India, China and South Africa. This year there will be two distinct differences:

1) Hightened security measures due to the unrest in South America. During the summit, the Brazilian military will be deployed to the area.

2) The partners from other nations will not be invited. Usually, partners are invited to the summit to ink trade deals and engage in additional open dialogue.

Income and Growth Strategies That Are Working in Today’s Market

In this special review, Durig benchmarks the performance of its three unique blue chip equity portfolios, the Dogs of the Dow, Dogs of the S&P 500, and the Dividend Aristocrats, all of which are designed to capture high quality blue chip dividends of some of the most reputable companies on wall street.

With interest rates continuing to fall and attractive yields becoming increasingly difficult to find, many investors are turning away from conventional fixed income investments such as US Treasuries.

Dividend Aristocrats: Income Stability and Growth Over Time

A review and performance recap of Durig’s highly successful Dividend Aristocrats Portfolio that also compares the portfolio to another aristocratic dividend portfolio. The Dividend Aristocrats Portfolio was also designed with income stability in mind, maintaining investment focus on only higher quality blue chip companies known as “Aristocrats.”

(all performance reported net of fee, as of 10-18-19)

October Performance Highlights

  • Average Dividend Yield of 3.51%
  • Lifetime return of 9.44%
  • Excess Return of 3.27% (vs. benchmark)*
  • Alpha of 7.95 (vs. benchmark*)
  • Beta of 0.18 (vs. benchmark*)

Signed! India and Bangladesh in Memorandums on Water, Gas

On the third day of Bangladesh Prime Minister Sheikh Hasina’s visit to Delhi Sunday, Hasina inaugurated a drinking water project which will be supplied to Sabruma town in Tripura from Feni river water. However, the issues that many have been pressing in Bangladesh— such as India’s greater support for the Teesta river water sharing or Rohingya repatriation— have not seen signs of significant progress.

Developments in the Trade War – Can China Compromise?

Up to this point the Trump presidency has been marked with controversy, uncertainty, disapproval, and excitement. Of All of the president’s policies none embody these characteristics as well as his tariffing of Chinese imports, and the subsequent trade-war with China. This trade war has caused volatility in the stock market, increased costs to American manufacturers, and has threatened US imports into China. It has also has also helped to protect American industry and to give the US leverage against China to renegotiate trade agreements.

Brexit Cold Hard Facts – The Pros and Cons

Brexit is the withdrawal of the United Kingdom from the European Union, after the referendum held on 23 June 2016.  The HBO documentary Brexit depicts the behind the scenes experience of the referendum. The UK is a constitutional monarchy with a parliamentary system of governance that is based off of the Westminster system. Executive power rests in the hands of Her Majesty’s Government, the prime minister and the cabinet who are all members of the Privy Council. Legislative power is held within the bicameral parliament, the House of Commons and the House of Lords, the former being elected and the later appointed.

FedEX Accused by Chinese Law on Huawei Shipments Failure

Chinese official media announced on Friday that FedEx’s previous explanation of Huawei’s express shipments to the United States as an “operational failure” has been rejected. According to the report, FedEx was “involved in keeping more than 100 Huawei company parcels” and other illegal activity. This is leading to speculation that the US company may end up on China’s list of “unreliable entities” in the near future.

Cease Fire at the G20: Trump and Xi Declare Truce on Trade

It’s said that nothing ever really gets done at the G20, which is currently meeting in Osaka, Japan.  Nineteen member countries and the European Union agreed to a new deal to tackle climate change.  Guess who was the lone holdout.  President Trump was harshly criticized, at home and abroad, for praising Saudi Crown Prince Mohammed Bin Salman, who ordered the killing of Washington Post columnist (who had legal residency in the U.S.) Jamal Khashoggi.  There was one cautiously positive development to emerge from the summit, however.  Trump and Chinese counterpart, Xi Jinping, agreed to restart talks and temporarily de-escalate the trade war.

¡Arriba! Mexico First to Approve USMCA with the Potential of a Win for all 3 Countries

One down, two to go.  On Wednesday, the Mexican Senate passed the United States-Mexico-Canada Agreement, becoming the first nation, of three, to ratify the new trade deal.  The agreement was met with little resistance, relative speed, and enthusiastic celebration from the Mexican government upon ratification.  That was the easy part.  The USMCA still faces an uphill battle in Washington, and a race against time in Ottawa.

US and China Trade: The Stakes Are Rising

On Sunday, President Trump tweeted an escalation to his trade war with China, warning tariffs would more than double, from 10% to 25%. By Tuesday, stocks were sent tumbling, and companies scrambling. The Dow Jones Industrial Average dropped 472 points Tuesday, it’s worst day in four months. Grain futures hit their lowest mark in more than 40 years. Companies weren’t given much in the way of warning, with tariffs due to increase Friday. They’ll have to decide whether to eat the tariffs themselves or pass the costs on to consumers.

Trump’s escalation comes amid a five-month truce between the world’s two biggest economies, and as the U.S. and China appeared close to a deal. However, Administration officials say China has been backtracking from earlier commitments. In a Washington Post op-ed, former chief strategist Steve Bannon urged the president to “follow his instincts and not soften his stance against the greatest existential threat ever faced by the United States.” Trade advisor Peter Navarro, and others, see no deal as preferable to any deal, and some fear the president will cave, again.

Trump’s Harsh Economics for EU, China, Mexico, Canada, El Salvador, Guatemala and Honduras

China, US Trade and the Economic Effects

International Roundup: Bongo, Belgade, Beijing, Bolsonaro

International Roundup: China, Channel, Congo, Colombia

USA China Truce Starts With Bomb Shells

How the China Trade “Pause” Effects Stocks

“Three Amigos” Sign NAFTA Replacement; Await Ratification

  • U.S. President Donald Trump, Canadian Prime Minister Justin Trudeau, and outgoing Mexican President Enrique Peña Nieto concluded fifteen months of often contentious talks on Friday, and formally signed the US-Mexico-Canada agreement, or USMCA, which will replace NAFTA.
  • Canada remains concerned over steel and aluminum tariffs, imposed by Washington, and left unresolved in USMCA.  Prime Minister Trudeau used the signing ceremony as another opportunity to urge President Trump to drop them.
  • The agreement must now be ratified by the legislatures of each country, which is far from certain.  In both the new and old Congress, USMCA faces considerable hurdles, with everyone finding something to dislike.
  • Traditional business conservatives object to USMCA as moving North America further from free trade, and leaving the United States “with diminished trading opportunities, rather than expanded trading opportunities with Mexico and Canada.”
  • Social conservatives view sexual orientation and gender identity protections, included at Canada’s insistence, as a loss for American sovereignty.
  • The president, and his supporters, are hailing USMCA’s signing as nothing less than a win for America.

Nasdaq After 2 years of Growth Now in Correction Territory; Where Do We Go?