by Mac Slavo | Aug 5, 2019 | Experts, Headline News
As the trade deficit continues to widen and President Donald Trump ramps up his rhetoric on China, one thing is for certain: the data points show that the United States is the loser in this trade war. There is no coming out on top when the tariffs, which are paid in...
by Mac Slavo | Jul 18, 2019 | Forecasting, Headline News
Railroad CEO James Foote says that the behavior of this economy is the “most puzzling” he’s seen in his 40-year career in the railroad industry. “The present economic backdrop is one of the most puzzling I have experienced in my career,” Foote told...
by Mac Slavo | Jun 24, 2019 | Emergency Preparedness, Headline News
Debt levels reached record levels during the Great Recession which struck the United States about a decade ago. Now, U.S. consumer debt has surpassed those levels with a record number of Americans living on the edge of disaster. According to Market Watch, Ben Mohr, a...
by Mac Slavo | Jun 24, 2019 | Headline News
Businesses in the United States are having a harder time in the real world than the stock market indicates, says CNBC’s market expert Jim Cramer. “The real world is much worse than the stock market indicates,” Cramer said on Squawk Box. Cramer stated...
by Mac Slavo | Jun 19, 2019 | Headline News
China isn’t backing down when it comes to the trade war. The Chinese government has just raised tariffs on imports coming in from the United States and cut duties on goods from other countries. In addition to gaining an edge against the U.S. in the trade war,...