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 and people are looking for the cheapest options. Philly Fed has crashed. Housing starts disappoint, huge miss. Countries are dumping treasury bonds the only buyer is the Cayman Islands. The founding fathers used tariffs to build the country and that is what is happening now.
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