by Mac Slavo | Oct 15, 2019 | Headline News
While consumer confidence can boost the economy and spending can drive growth, the consumer cannot prop up the economy forever. Wages are not keeping pace with price increases, so at some point, “something has to give.” In spite of the trade war and...
by Mac Slavo | Oct 11, 2019 | Headline News
J.P. Morgan has taken to issuing warnings over the mental state and overall health of the American consumer’s habits. As a nation, we are deeply indebted to consumerism and that’s what is currently keeping the fragile economy afloat. With the manufacturing...
by Mac Slavo | Oct 8, 2019 | Emergency Preparedness, Experts, Forecasting
Business economists in the United States are continuing to lose faith in the “booming” economy. Many are saying that there will be a sharp slowdown in economic activity in the last few months of this year and into next year. The latest survey by a panel of...
by Mac Slavo | Oct 7, 2019 | Headline News
It appears that General Electric has gotten themselves leveraged a bit too far. The corporation has decided to freeze the pension plans of 20,000 employees in an effort to pay off some of their debt. The move will help reduce the company’s pension deficit by about $5...
by Mac Slavo | Sep 25, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
The massive wave of store closures and layoffs in the retail sector has gotten so bad this year, it’s been dubbed the “retail apocalypse.” But not only is it causing problems in the economy, Goldman Sachs thinks it is still likely to get much worse....
