by Mac Slavo | May 29, 2019 | Forecasting, Headline News
A slump in recent economic data coupled with enhanced trade war tensions between the United States and China have prompted Morgan Stanley to sound the alarm. Morgan Stanley is warning that the U.S. economy is now on “recession watch” as the bond market...
by Mac Slavo | May 27, 2019 | Headline News
Although talk of a recession subsided early this year, it’s back in full force thanks to the trade war with China. “Call it scare-mongering if you like, but many of the data releases [last] week had the unmistakable whiff of a recession,” said chief U.S....
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
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 15, 2019 | Headline News
The Federal Reserve announced Wednesday in a downbeat report that the United States’ industrial production slumped in April. The Fed’s report also included sharp downward revisions for other important segments of the U.S. economy. According to Market...