Spreading the truth. Empowering the people.
by Ruby Henley Is the United States ‘trade bullying’ like China says? If so, what is this going to do to the average American – like you and me? Tariffs … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The primary culprit of the ballooning US trade deficit is being purposefully obscured: Corporate America China is taking its propaganda on trade directly to the US. … Read more
via Stephen Nellis A “wide range” of Apple Inc (AAPL.O) products including the Apple Watch would be affected by proposed U.S. tariffs on Chinese goods, the company told U.S. trade … Read more
ADP Big Miss pic.twitter.com/7DeJzHz5Tb — Alastair Williamson (@StockBoardAsset) September 6, 2018 Morning Note: U.S. weighing more tariffsCiti revamping IB operationsEM stocks down for 7th day pic.twitter.com/yj9oidNfM5 — Jonathan Ferro (@FerroTV) … Read more
via Christian Wienberg The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according to the chief executive officer of A.P. … Read more
From Birch Gold Group From August 7th to August 13th, the DOW dropped 475 points close to close. On Monday alone, the DOW dropped 125 points before recovering losses. The week-long … Read more
JCPenney is in trouble, they are at a risk of a default. Walmart says they are improving and sales are up, but operating expenses are down, store closures are up … Read more
by Thinker A majority of business owners, including small business owners, support additional tariffs on China, according to a poll released from UBS polling. A majority of business owners also … Read more
by Warren Platts, NEE Adam Smith, author of An Inquiry into the Nature and Causes of the Wealth of Nations, considered the arguments made by today’s proponents of unilateral free trade and … Read more
via DANIELLE PARK While stock bulls talk up a “strengthening” economy, consumer spending growth (which drives 70% of GDP in America) has fallen to a 4 ¼-year low even before rising … Read more
The United States filed claims with the World Trade Organization against Canada, Mexico, China, the European Union and Turkey. The lawsuits are meant to challenge retaliatory tariffs against the country. … Read more
by Stucky, TBP I was going to make this a QOTD Part 2: Tariffs. In the original QOTD on tariffs I pretended that I knew absolutely nothing at all about … Read more
Wolf Richter with Jim Goddard on This Week in Money: A wide-ranging interview on the auto industry, plus how mortgage rates impact housing markets in the US and Canada, and how … Read more
by Martin Armstrong The causes of the Great Depression have been debated for decades. The problem with all of the analysis is this same attempt to reduce the cause to a … Read more
Whether this is a coordinated response is unclear – and certainly on a much smaller scale – but Bloomberg reports that Russian Prime Minister Dmitry Medvedev signed a decree this … Read more
