by WARREN MOSLER Killing the goose that’s laying the golden eggs: Trump says China has been asked for plan to cut trade imbalance with U.S. Mar 7 (Reuters) — U.S. President Donald Trump said on Wednesday that China has been asked …
via Markos Kaminis SUMMARY Tariffs and the possibility of an escalating trade war threaten the profitability of homebuilders, the housing recovery and the affordability of homes. It appears rising costs of home construction is playing a role in rising home prices, …
by WARREN MOSLER Highlights Today’s factory orders report, down 1.4 percent at the headline level but showing life underneath, closes the book on what was a mixed to soft month of January for manufacturing. Aircraft has been a bright spot for …
Trade deficit jumps 5% to $56.6 billion as Trump readies steel tariff via Jeffry Bartash The numbers: The U.S. trade deficit climbed 5% in January and hit a nearly 10-year high, continuing a steady rise since President Trump took over that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The markets’ man in the White House is on the way out. It didn’t take long for the futures market to react. After it was reported Tuesday evening that Gary Cohn plans to resign, Dow futures …
Wall St. For Main St., Released on 3/5/18 Despite what President Trump said, history is quite clear about what major tariffs like Smoot Hawley https://en.wikipedia.org/wiki/Smoot%E… and other similar attempts at taxing imported goods can do to both trading partners and to the …
vol about to take the next leg up??? pic.twitter.com/DuvwIRArEy — Alastair (@StockBoardAsset) March 2, 2018 In business, you always buy wholesale/discount and sell at a premium. American's are doing the opposite when it comes to stocks. They are purchasing steep …
Stocks sold off sharply and investors moved into the safety of bonds, after President Donald Trump said he would put tariffs on imports of steel and aluminum. Analysts said the tariffs were not in themselves signs of a ‘trade war’ …
by WARREN MOSLER More signs of a slowdown as exports fall, which means less gdp, and consumer imports down, meaning personal spending was lower than expected, as discussed might be the case previously due to lower personal income growth: Highlights Exports …
From Birch Gold Group This week, Your News to Know brings you the latest news involving gold and the overall economy. Stories include: Give gold some time and it will start trading like a haven asset again, using gold as a strategic asset, …
by Chris Vermeulen of The Technical Traders Our focus is to provide you with updated and accurate market price predictions for all of 2018, we believe we are entering a period that will be fantastic for traders and active investors. We believe this …
by GoldCore – Trade war between two superpowers continues to escalate – White House likely to impose steep tariffs on aluminium and steel imports on ‘national security grounds’ – US may impose global tariff of at least 24% on imports …
Feb. 17 (UPI) — China has a message to President Donald Trump if he imposes heavy tariffs on steel and aluminum imports: The Asian nation will retaliate. On Friday, Commerce Secretary Wilbur Ross recommended that Trump impose trade measures against foreign suppliers of the metals …
by Martin Armstrong The Japanese government once again reduced its holdings of US government bonds during December 2017. In total, Japan sold bonds worth $ 22.5 billion. This is not a huge amount. Nevertheless, this puts the total stock of US …
Albert Edwards: ‘Trump?’s Grotesquely Ill-Timed Stimulus Will Be Trigger For Market Implosion, Recession’ Boy, I’ll tell you what folks: the verdict is in on Trump’s exceptionally ill-advised decision to pile fiscal stimulus atop an overheating economy amid a deficit-funded tax …
Stocks are lower now in volatile trading; Dow swings in wild 934-point range Stocks trying to find support in volatile markets from CNBC. At its extremes the Dow was down by 567 points and higher by 367 points. “I thought …
https://www.zerohedge.com/news/2018-01-27/it-just-gets-worse-and-worse-record-32-used-car-trade-ins-are-underwater
Making money is something most people want to do, but have a hard time finding out where to start. There are a number of different investments out there, so choosing the right one will be a bit difficult. If you …
Weak-Dollar outflows? Trade Wars? Or Pension-fund outflows? Take your pick, but stocks are getting slammed… The weakness seemed to start around Wilbur Ross’ comments on China’s “Direct Threat” but has extended as Pension flow concerns rise… https://www.zerohedge.com/news/2018-01-24/stocks-are-suddenly-tanking
by Martin Armstrong COMMENT: Mr. Armstrong; The goldbugs hate you for calling the top and a bear market. To my surprise, I searched Money Week here in London and it came up with an article in 2008 confirming you also called the temporary high …
by WARREN MOSLER Weaker than expected, with the prior two months revised downward by a net 9,000 jobs. In any case employment growth continues its multi-year deceleration that began with the collapse of oil capex: Highlights Hiring cooled though employment levels …
News Articles here: 1. Pakistan is ditching the dollar for trade with China — 24 hours after Trump denounced the country https://www.cnbc.com/2018/01/03/pakis… 2. Pakistan summons US ambassador over Trump’s ‘lies and deceit’ tweet https://www.theguardian.com/world/201… 3. Angola plans to ditch currency …
by WARREN MOSLER Worse than expected: Highlights Net exports look to be holding back fourth-quarter GDP following a second month of deep deficit in cross-border goods trade, at $69.7 billion in November following a revised $68.1 billion deficit in October. The …
By Michael Snyder It should upset you that virtually everything stocking the shelves of our major retailers seems to have been made somewhere else. As a nation, we are consuming far more wealth than we are producing, and that is …
by Spencer P Morrison, NEE Why America’s Trade Deficit Will be at the Heart of the Next Economic Collapse Ask ten physicists a question about physics and you will get one (correct) answer. Ask ten economists a question about the economy …
by Umar Farooq A trade deficit occurs when an economy imports more than it exports. If this persists, it will eventually cause a shift in the exchange rate, making imports more expensive and–crucially–exports cheaper as the “invisible hand” of the …
by Mark Angelides In a society where every poor, downtrodden violent thug is mourned as a Saint when they are shot by police whilst in the commission of a crime, we should expect a somewhat larger reaction to the fact …
by Umar Farooq The traders seem to quickly losing faith in the new administration with Dollar wiping out its entire post-election rally and volatility and short bets rising. Investors were anticipating smooth passage of an agenda that featured business-friendly tax …
by Umar Farooq The U.S. has a higher percentage of jobs under threat by automation because more workers in the U.S. are employed in positions that require routinized tasks, like filling out paperwork. A new study from PwC estimates …
PARIS (AP) — The two front-runners for the French presidency clashed spectacularly in the campaign’s first televised debate between leading candidates Monday night. All five candidates landed punches during vigorous discussion on the big issues for France: jobs, terrorism, immigration, …