by Mac Slavo | Oct 3, 2019 | Headline News
In what can only be considered additional blows to the United States consumer, the Trump administration has now added tariffs to some products coming from the European Union. Cheese, olive oil, scotch, wine, and coffee have all been targeted by the government. The...
by Mac Slavo | Sep 26, 2019 | Headline News
Donald Trump’s trade war and the nasty tariffs that have come along with it are causing the American steel industry to go belly up. More layoffs and falling stock prices are only the beginning for an industry that was once the backbone of the American economy....
by Mac Slavo | Sep 17, 2019 | Commodities, Experts, Forecasting
According to a new Bank of America survey, recession fears have jumped to all-time highs. A Bank of America Merrill Lynch (BAML) survey of United States credit investors found that the perceived probability of a recession in the next year spiked to 25%, its highest...
by Mac Slavo | Sep 12, 2019 | Forecasting, Headline News
The markets are expecting the Federal Reserve to cut interest rates again at their September 17 -18 policy meeting. “The economy is in a good place, but not without risk and uncertainty,” said New York Fed President John Williams in a speech Wednesday. “Our role is to...
by Mac Slavo | Sep 12, 2019 | Headline News
The trade war has so far killed off about 300,000 jobs and cost Americans about $1.6 billion in tariffs. The taxes are driving up prices and businesses are cutting workers to make ends meet in the face of rising costs. There will be no winner in this trade war, and...
