Q4 US CORPORATE PROFITS: FROM NOW ON ITS DOWNHILL.

THE U.K. SPRING STATEMENT BRINGS WINTER TO MORE WORKERS.

The Office for National Statistics just brought out it second release of GDP data for 2024. It raised the growth rate of GDP from 0.9% to 1.1%. With inflation now pegged at 4% for the year, nominal GDP grew by 5.1%. This contrasts to the growth in VAT receipts of 2.7% for the year ended February 2025. There is only a two month overlap which will not affect the data overly, allowing us to draw the following conclusion: the gap between nominal GDP and VAT collected has expanded from 2% to 2.4% which is highly unlikely. It appears that the new release has inflated GDP even more than the earlier GDP release.

THE GERMAN ECONOMY CRASHES IN Q4 2024 FORCING THE STATE TO STEP IN TO RESCUE IT.

THE JAPANESE ECONOMY ENDS 2024 MODESTLY STRONG. IT WON’T LAST.

IN THE ONE CORNER, ZELENSKY, AND IN THE OTHER TRUMP AND VANCE. A RIGGED FIGHT HIGHLIGHTING THE CHANGED GEOPOLITICAL OUTLOOK.

CHINA STANDS UP TO A NOW FALTERING U.S.A.