JAN 13. Key words for this week: Weaker US Dollar, Hope from China, Earnings Report Season…

Today’s key words would be LOWER US DOLLAR, CHINESE DEMAND and EARNING REPORT SEASON.

With these key words, global stock markets were rallying once more with major commodities. It seems like Chinese demands are rallying up in many industrial areas but we need to wait for a while and see their real economic status. Chinese are pouring their money into the global markets. Less and less countries are talking about COVID to the China, directly anymore.

Well, what can we say, that’s the way of living these days, right? “ I will pay you money so, shut up and stop complaining “

US stocks market was up again today. It’s 6th straight rallies. Major US financial companies started to report earnings report today.

With higher interest rate, of course, all money banks earned good money for the last quarter. However, bankers are putting their profits into the credit reserves for insecure futures. What it means are bankers are technically well hided their profits into their books.