by Mac Slavo | Oct 18, 2019 | Forecasting, Headline News
Sales of retail goods and food services dropped 0.3 percent last month as consumers tightened their belts. Lower rates of consumer spending will often precede an economic recession. It was bound to happen. After all, the consumer cannot prop up the economy forever....
by Mac Slavo | Jun 19, 2019 | Headline News
The Retail Industry Leaders Association (RILA), a retail trade group, is warning Americans to prepare themselves for a price increase on items such as phones, car seats, and toys. The goods that would be impacted the most are those with the highest share of sourcing...
by Mac Slavo | May 9, 2019 | Headline News
The perhaps unintended consequences of the Trump Administration’s trade war on China and other countries will be rising food prices for the American consumer. Food could also become scarcer as it becomes more expensive to move it around globally. For example,...
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 | Nov 7, 2018 | Headline News
The trade war started by president Donald Trump, which is supposed to punish the Chinese, but instead, will end up hurting Americans, is still underway. But did the election results change the dynamics? The short and simple answer is no. Democrats and Republicans...
