US trade deficit rises to near 9½-year high The Commerce Department said the trade gap rose 1.6 percent to $57.6 billion. That was the highest level since October 2008. Part of the rise in the trade deficit in February reflected …
Turning Hard Times Into Good Times, Released on 4/4/18 Alasdair Macleod discusses China’s plans for independence and how that may impact the well being of the western world and what to do to protect yourself. Alasdair Macleod is head of …
US Service sector declines, the housing market begins to rip itself apart. Toronto housing market is plunging. NYC is now following Toronto, this will spread to the rest of the country. The economic system is accelerating to the downside, the …
by Chris Black If you were not paying attention, the White House threatened on Tuesday to slap tariffs on fifty billion dollars worth of Chinese imports, which will affect 1300 categories of products. Chinese imports that will suffer from 25 …
China is implementing new tariffs on meat, fruit and other products from the U.S. as retaliation for American duties, heightening fears of a potential trade war between the world’s two largest economies. Beijing’s latest move, announced by its finance ministry …
by Spencer P Morrison, NEE a wolf in sheep’s clothing In a piece for the Washington Post, former CNN correspondent Heather Long, and her colleague Andrew Van Dam, write that President Trump’s tariffs will hurt Trump voters the most. Their conclusion is …
by Egon von Greyerz Is this it? Is the bull market finished and the good times over? Well, they could very well be. We are looking at a world which is rotten to the core, a world which is built …
Source: Maurice Jackson for Streetwise Reports Trade tensions between the U.S. and China can provide opportunities in the natural resource field. The Mercenary Geologist, Mickey Fulp, in this interview with Proven & Probable’s Maurice Jackson, discusses the trade war and what he believes it means for …
In the space between what Winston Churchill called jaw-jaw that’s negotiation and war-war that’s war there’s the phony war. As the China war temperature drifts for cold war to hot, we get a dose of trade war posturing from the …
by GoldCore – Eurozone threatened by trade wars, Italy and major political and economic instability – Trade war holds a clear and present danger to stability and economic prospects – Italy represents major source of potential disruption for the currency …
by howmuch Is the U.S. about to engage in a trade war? Markets are down as political rhetoric continues to escalate around everything from tariffs to trade deficits. With so much attention being paid to international trade, we thought now would be a …
Josh Sigurdson talks with author and economic analyst John Sneisen about the growing trade war between China and the United States as both countries place tariffs on each other’s products, raising the cost of living inside their own countries in …
The statistics he used provides some eye opening insight to how prevalent the child sex trafficing problem really is here in America. I’m researching the source of his statistics now to see how legit it is. https://www.youtube.com/watch?v=WwfSG4gd_ss&feature=youtu.be h/t x6r
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Hot and heavy breathing can be heard behind the scenes. Negotiations – led on the US side by Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, and on the Chinese side by Liu He, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bull markets climb a wall of worry. What the heck happened? OK, it was an ugly week. Facebook (FB) dropped 14% and lost $75 billion in market cap. It’s down 10% year-to-date. It’s currently trying to …
by Dylan Scott, NEE We’re Off To A Good Start In The “Trade War” Yesterday, the Trump administration slapped $60 billion in tariffs on Chinese imports. The tariffs are intended to protect American innovation and competitiveness in the global market. In response, …
by Dave Kranzler of Investment Research Dynamics The stock market is is more overvalued now than at any time in U.S. history. Sure, permabulls can cherry pick certain metrics that might make valuations appear to be reasonable. But these metrics rely on historical …
via Mark Melin Perpetual bear Albert Edwards sees the ice age coming. The Societe Generale cross-asset research analyst looks at the Trump administration and considers the potential for a trade war amid competitive currency devaluation. While claiming that Trump is a rare politician in …
https://www.youtube.com/watch?v=s7sDZfzz-ys CALIFORNIA IS THE GLOBAL LEADER IN TAXING HER CITIZENS TO DEATH
by Spencer P Morrison, NEE The Baguette Shop, or an economic parable on asymmetrical competition You own an artisanal bakery that makes the best $2 baguettes in town—business is booming. In fact, business is so good that a German bakery opens …
From Quartz: For the last three decades, Donald Trump has ranted that America is getting stiffed on trade. But as president, he’s done little to back up his “America First” slogan—until now. On Thursday (Mar. 1), the U.S. president announced tariffs …
by Chris Vermeulen of The Technical Traders ECONOMIC PRESSURES TO DRIVING METALS HIGHER LONG-TERM The analysis we have been conducting regarding the US and global markets shows one very interesting component that many people are overlooking – the pricing pressure in precious metals. …
by: Clint Siegner, Money Metals News Donald Trump fired off some major new shots in the global trade wars. With the exception of imports from Canada and Mexico, steel entering the U.S. will be subject to 25% tariff and aluminum …
by AMY S. A trade war today would be much more damaging for the U.S. than the trade war of the 1930s, as exports today account for a greater proportion of U.S. gross domestic product than they did on the eve …
via Robert P. Murphy There is a connection between fiat currencies and trade deficits, and many cynics have argued that the US dollar’s status as global reserve currency allowed Americans to consume more than they produced for decades. However, this “deficit without …
In a report by the Electronic Frontier Foundation (EFF), published today, it was revealed that five Senators – three Democrats and two Republicans – wrote letters to four big tech companies, calling for censorship of drug information. Google, Microsoft, Yahoo, and Pinterest …
By Harry Dent President Trump has promised this from the beginning. We’ve had bad trade deals with other countries for decades now. But is slapping on tariffs the way to fix this situation? In today’s video, I answer that question, …
by Dylan Scott, NEE Trump Asks China To Reduce Their Trade Deficit And Stop Intellectual Property Theft This week, the President slapped tariffs on steel and aluminum imports to enhance domestic steel production, to the dismay of liberal economists and journalists who …
Authored by Charles Hugh Smith via OfTwoMinds blog, In a world dominated by mobile capital, mobile capital is the comparative advantage. Defenders and critics of “free trade” and globalization tend to present the issue as either/or: it’s inherently good or …
via Mike Mish Shedlock “Will there be a mismatch between what the U.S. wants to sell (Treasuries) and what the world wants to buy?” Brad Setser asks the above question in his “Follow the Money” post How Will the U.S. Fund its …