by Mac Slavo | Jun 6, 2019 | Headline News
Auto loans have hit a new record, and it’s not a good sign in an economy that’s so volatile. Consumers’ monthly auto payments have hit a new all-time high too. People buying new vehicles continue to push the envelope, borrowing more and, on average,...
by Mac Slavo | May 24, 2019 | Headline News
All economic data is pointing to a slower 2019. One of those bits of data is from the manufacturing industry. United States manufacturing growth has hit a 9 year low this month, which is a terrible sign for our volatile economy. Faced with decreasing demand from...
by Mac Slavo | May 21, 2019 | Headline News
Ford Motor Co. is finishing up their final round of layoffs today. About 7,000 workers worldwide are losing their jobs in this “booming economy” as unsold vehicles continue to pile up in the once empty parking lots of closed retail establishments. CEO Jim...
by Mac Slavo | May 21, 2019 | Headline News
A new report has just declared that the cost to each American family for the trade war’s tariffs will be about $2000. The tariffs could add up to a substantial tax hike on the American consumer. Although we’ve been warning that this would happen, the $2000...
by Mac Slavo | May 13, 2019 | Commodities, Forecasting, Headline News
Goldman Sachs has come out and said president Donald Trump’s tariffs have had a bigger impact on consumer prices than originally thought. Additionally, the bank has said what the rest of us already know: the tariffs are being paid entirely by United States...
