Hi Blog Followers,
We are living in a pretty worrisome time. Right now, one man has a stranglehold on our financial future and he may be the cause of what could be America's greatest economic challenge since the 2008 meltdown.
So, what can you do about it? How can you both protect and profit from this volatile time?
I've completed an exclusive report that outlines strategic steps that you can take to checkmate Putin and protect your portfolio! There is no cost to instantly access this report.
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Wednesday, the 5th of March.
There's no question about it, Ukraine and Putin have been causing havoc in the world’s markets. While it's easy to get emotional and jump on one side of the market or the other because of the news, that really is no way to trade. The Trade Triangles are free of human emotion and tend to keep you in the big trends and alert you to new trends as they develop.
From an intellectual level, I don't think that Russia is finished with the Crimea or Ukraine. There's going to be a lot of diplomatic talk, but the bottom line is going to be what Putin wants, he is going to get, no matter what the cost. The Chinese have a saying, "May you live in interesting times" and certainly these are more than interesting times.
The European Union is ready to give Ukraine 11 billion euros ($15 billion) in loans and grants over the coming years to help stabilize its economy, the head of the bloc's executive arm said Wednesday. Read the full article here.
Coincidentally, the headline figure of $15 billion for the EU's aid package is the same amount that Russia was prepared to grant Ukraine in loans until the government of President Viktor Yanukovich was ousted last month.
Yanukovich took the Russian loans instead of a wide-ranging trade and economic agreement with the EU, a move that fueled the protests that led to his ouster.
Barroso said that an agreement was still on the table, and the EU is prepared to provisionally grant Ukraine the benefits deriving from it before a full ratification. Ukraine's industrial and agricultural exporters could save some 900 million euros annually through reduced tariffs, the Commission said.
"The situation in Ukraine is a test of our capability and resolve to stabilize our neighborhood and to provide new opportunities for many, not just a few," Barroso told reporters in Brussels. "We need to be up to this challenge."
What are your thoughts on the situation in the Ukraine? Below are several polls to vote on and of course we would love to hear your thoughts on the matter.