by Mac Slavo | May 8, 2019 | Headline News
The stock market plunged yesterday amid fears of a renewed and intense trade war with China. After months of the “calm before the storm,” United States equity markets dropped sharply on Tuesday as traders prepared for an escalation of the U.S.-China trade...
by Mac Slavo | Apr 9, 2019 | Headline News
Prepare for rising prices at the grocery store and perhaps a lack of certain items. Hundreds of millions of dollars worth of food crops have been destroyed by flooding in the Midwest, and farmers have already said: “there’s nothing the government can do...
by Mac Slavo | Apr 4, 2019 | Headline News
Moody’s Analytics Chief Economist Mark Zandi issued a dire warning about the effects of the trade war. Zandi says there will be a global recession if the United States and China cannot come to some kind of a deal in the ongoing trade war currently thrashing our...
by Mac Slavo | Mar 26, 2019 | Headline News
One year into president Donald Trump’s trade war and tariffs on metals, all data points to bad news. There are more losers than winners in this economic war, and the trade deficit has widened substantially as opposed to leveling out, as promised. Manufacturing...
by Mac Slavo | Mar 5, 2019 | Headline News
Tariffs are taxes, and like any regulation or tax, the increased cost will get passed onto the consumer. Although this is common sense, many still don’t believe that the trade war had an impact on their financial situation. However, just last year, Americans...
