The most recent monthly update is on top, followed by archives going back to the first monthly update in December of 2011.  Please join more than 5,662,228 visitors from 196 countries (speaking 154 languages) including 50 US States and visit our new website at www.financialecononomicupdate.com. Financial, Economic and Social Mood Update (November 1, 2024) Bobby Kennedy, Jr. tells us that a vote for Kamala Harris is a vote for nuclear war: https://www.youtube.com/watch?v=2Vw9g59kJSQ.  He is correct.  The Biden-Harris Administration has brought the world to the brink of World War 3 in both Europe (the Ukraine) and in the Middle East (Israel versus occupied Palestine, Lebanon and Iran).  A third potential major front lurks against mainland China over the issue of the Chinese island of Taiwan. And the fact that nominal asset prices for stocks (S&P 500 Index on October 17, Dow Jones 30 Industrials Index on October 18 and the NASDAQ Composite Index on October 30) and real estate are at a record high does not erase the much more real fact that the global banking…