Endless Debt, No Consequences - Updates: SPB, GEI, NWC, BPO, Preferred Shares
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In the months preceding any general election, there can be plenty of financial incentives offered to win votes; more so when a party's popularity is sagging at the polls.
The current version of vote buying is happening in the US at a worrisome pace, at least enough to sustain the market rally as the economy remains challenged by three issues. These include; the rising COVID infection rates including the US, return of globalism under a racial banner and the belief governments can substantially increase debt indefinitely without consequences.
This is an interesting confluence of events having the power to change currency exchange rates, interest rates and the overall direction of financial markets. These will be reviewed in this week's update along with recommendations to protect capital and earn income under these volatile political conditions.
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