MEDIA

 

 

April 2024

 

Apr 29

Tesla, the gold-standard of EV, reported a 9 percent drop in total revenue and has had to promise cheaper cars to maintain its stock levels.

The company is down 40 percent on the year.

elon-musk-tesla-presentation

 

While Western automakers figure out how to make cheaper EVs, and while the public learns that EV charging stations do not need to be as ubiquitous as gas stations, China will continue gobbling global EV market share.

china-will-continue-gobbling-global-ev-market

JPMorgan Chase reported first-quarter earnings rose 6 percent to $13.42 billion but saw its share price plop down 6.5 percent Friday, its worst day since June 2020.

jpmorgan-chase-reported

 

Metal Prices Rise After Sanctions on Russian Exports Aluminium and nickel prices rose in London after the U.S. and U.K. banned fresh trading in metals originating from Russia. Aluminum rose 2.4%, nickel 0.3%

They hit highs of $2,728 a ton and $19,355 a ton respectively.

aluminium-and-nickel

 

Social media is watching you

boomfiicom--european-censorship 

 

Apr 17

In March, China’s factory activity grew for the first time in six months, the country’s National Bureau of Statistics (NBS) has estimated.

The government’s purchasing managers index (PMI) for manufacturing rose from 49.1 in February to 50.8 in March, according to the NBS. Ratings.

china’s-factory-activity-grew-for-the-first-time-in-six-months

 

Home prices across the 20 Eurozone countries decreased 0.7% in last year’s final quarter official figures showed. In Germany, the Eurozone’s most troubled economy, home prices sank 8.4 percent.

Luxembourg saw a 9.1% decline. Prices fell 5.6% in Finland and 5.3% in Sweden.

home-prices-across-the-20-eurozone-countries

 

the-boomfiicom-team--finance-sale-metails-banks-investments-invest-tax

Precious metal experts say that gold is now in a hurry and silver even more so.

The price moves in the coming months and year are likely to take gold $3,000 and silver to new highs above $50 due to the instability in the equity markets and fears of currency collapse.

gold-is-now-in-a-hurry-and-silver-even-more-so

 

Currency devaluation

currency-devaluation-gold

 

 

SWIFT planning launch of new central bank digital currency platform in 12-24 months to connect the wave of central bank digital currencies now in development to the existing finance system. #CDBC

swift-planning-launch-of-new-central-bank-digital-currency

 

Experts are suggesting that Europe’s impoverished governments must increase public investment by up to 3% of their collective GDP annually in the coming years to stop the ongoing decline of Europe.

The cost of Illegal immigration is also a major factor.

lower-taxes-would-cripple-europe’s-growth

 

The U.S. Deputy Treasury Secretary recently said that the strength of the U.S. economy shields it from the negative impacts of sanctions concerning the dollar.

The dollar is now at a RECORD LOW vs. gold as central banks stockpile.

gold-as-central-banks-stockpile

 
 
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Apr 30

This year, the U.S. economy will grow more than twice as fast as any other G7 country, the International Monetary Fund (IMF) said in its latest World Economic Outlook report.

Germany will be the weakest of the G7, with only 0.2-percent growth.

imf

 

Apr 26

US drafting sanctions aimed at Chinese banks aiding Russia’s war effort. In reality, the drafts are a punishment for China's refusal to buy US debt and buying gold instead.

The US is broke and there is a new anti-dollar sentiment globally with the view to a new financial system.

chinas-refusal-to-buy-us-debt

 

Citigroup’s earnings in this year’s first three months fell 27 percent, sending its stock price down 1.7 percent; Wells Fargo lost 0.4 percent on a 7-percent earnings decline.

citigroup

 

Across Europe, 10 percent of people own 67 percent of the continent’s wealth, while the lower 50 percent own just 1.2 percent, according to the Credit Suisse and UBS Global Wealth Report for 2023. The report defines “wealth” as net worth.

credit-suisse-and-ubs-global-wealth-report-for-2023

 

Buying and owning a home takes a bigger slice of a household’s income than it has at any time in the last 40 years, The Wall Street Journal reported.

The median home price remains in record territory at $395,100, according to calculations by the National Association of Realtors.

buying-and-owning-a-home-takes-a-bigger-slice-of-a-household’s-income

 

newsletter--boomfii--finance--banking--trading--investors--taxation--money-transfers 

Nvidia, the chip maker that has notched a $2.2-trillion market value, owns an estimated 92 percent of the market for the graphics processing units (GPUs) that power AI systems.

Competitors aren’t likely to catch up with Nvidia’s hardware expertise anytime soon.

largest-gpu-companies-header-scaled-1

 

As U.S. stocks become more expensive, investors are turning to Europe where valuations are lower and a cautiously optimistic economic outlook hints at rising equity markets, Bloomberg reported.

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Office occupancy rate in the 10 largest cities in America at just 50.6 percent, according to Kastle Systems, and the office vacancy rate—meaning totally empty buildings—at 20 percent, it seems there will be a banking crisis that will rattle the equity markets in the near future.

office-occupancy-rate-in-the-10-largest-cities-in-america

 

Swiss To Hold Referendum That Will Restrict Population To 10 Million Until 2050.

swiss-to-hold-referendum-that-will-restrict-population-to-10-million-until-2050

 

Apr 4

Men's retail and fashion - women just don’t get it. We understand the complexities of the fashion and retail industries. boomfii.com is very experienced in rebranding, increasing market share, and relocating manufacturing to expand profit share.

 retail---fashion---financial-services

 

kyc

Saudi Aramco Profits - 2023

saudi-aramco-profits---2023

boomfii.com has very large quantities of copper powder for sale. The copper powder is ultra-refined and we can offer sale tranches as low as 50kg per transaction.

 

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