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Categories
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Tag Archives: China
Consumers Are Unhappy
Financial FAQs “Consumer confidence declined for a fifth consecutive month in April, falling to levels not seen since the onset of the COVID pandemic,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The decline was largely driven … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer confidence, Economy, inflation, interest rates, Politics, tariffs, unemployment report
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Stopping the Steal
Popular Economics Weekly “We were losing hundreds of billions of dollars with China. Now we’re essentially not doing business with China. Therefore, we’re saving hundreds of billions of dollars. Very simple.” Donald Trump NYTimes Why would Trump mouth such an … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump, unemployment report
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Why a Recession?
Financial FAQs “The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2025 is -2.4 percent on April 9, up from -2.8 percent on April 3. AtlantaFed The Atlanta Federal Reserve’s GDPNow graph of estimated … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, GDP growth, Great Recession, inflation, interest rates, Politics, tariffs, Trump
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“Liberty Day” Has Come!
Financial FAQs Dow opens 1,200 points lower, S&P 500 and Nasdaq plunge as Trump tariffs roil markets; Apple, Nvidia and Nike slump; dollar and gold dive. U.S. stocks are plunging a day after U.S. President Trump outlined new tariffs aimed … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, Federal Reserve, GDP growth, Great Depression, Great Recession, inflation, interest rates, Politics, tariffs, Trump
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The Tariff Wars–Part III
Popular Economics Weekly “It is inconceivable that other countries won’t retaliate, even if some of the governments might not want to retaliate, their citizens will demand that you can’t allow yourself to be beaten up. When you make like a … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, Federal Reserve, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Fewer Jobs Available
Financial FAQs “It’s gotten harder for the unemployed to find work: Job openings in the U.S. fell at the end of 2024 to the second lowest level since the end of the pandemic.” MarketWatch FREDjobopenings Job vacancies reported by the … Continue reading
The Tariff Wars–Part II
Financial FAQs “Trump has called “tariff” the fourth most beautiful word in the dictionary behind “God”, “love” and “religion.” CNN FREDdebt/GDP On Saturday, President Trump, just 11 days into his second term, said he will impose a 25 percent tariff … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, finance, GDP growth, inflation, interest rates, Politics, Trump
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Do Trump Trade Wars = Recession?
The Mortgage Corner There are already signs President Trump’s trade wars are hurting. Right now, it’s mainly his Midwestern farm constituents that have seen their agricultural exports plummet. But what happens when rising prices from the tariffs are passed on … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged China, exports, foreign trade, tariffs
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US Economic Self-Destruction Imminent?
Financial FAQs The International Monetary Fund has just warned that President Trump’s trade wars could cost the world’s economies some $430B in lost growth. The Washington-based organisation said the current threats made by the US and its trading partners risked … Continue reading
Posted in Economy, Keynesian economics, Politics, Weekly Financial News
Tagged China, EU, foreign trade, President Trump
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