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Tag Archives: tariffs
California Can’t Be Bullied
Popular Economics Weekly Governor Gavin Newsom today announced that California has officially overtaken Japan to become the world’s fourth-largest economy, according to newly released data from the International Monetary Fund (IMF) and the U.S. Bureau of Economic Analysis (BEA). April, 2025 LATimes The Trump … Continue reading
Republicans Have Never Paid Their Bills
Financial FAQs “The new law will reduce federal revenues by significant amounts, even after allowing for the impact on economic growth. It will make the distribution of after-tax income more unequal. If it is not financed with concurrent spending cuts … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Politics, Weekly Financial News
Tagged Donald Trump, Economy, federal budget, federal budget deficit, foreign trade, Libertarian Ron Paul. Presidents Ronald Reagan, news, Politics, President Donald Trump, President Eisenhower, tariffs, Trump
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More Signs of Slower Growth
Financial FAQs “The manufacturing economy continues to struggle,” Susan Spence of ISM said. “It will continue to struggle” due to all the trade uncertainty. “The administration’s tariffs alone have created supply chain disruptions rivaling that of Covid-19,” executive at an … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged China, Economy, Federal Reserve, GDP growth, Great Depression, inflation, interest rates, Politics, tariffs, Trump
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Trump’s Big Beautiful Bill?
Answering Kennedy’s Call “The House has now passed what must surely be the worst piece of legislation in modern U.S. history. Millions of Americans are about to see crucial government support snatched away. A significant number will die prematurely due … Continue reading
What’s the Fed Saying?
The Mortgage Corner “In considering the outlook for monetary policy, participants agreed that with economic growth and the labor market still solid and current monetary policy moderately restrictive, the committee was well positioned to wait for more clarity on the … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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Consumers Not So Confident
Financial FAQs “Consumer confidence improved in May after five consecutive months of decline,” said Stephanie Guichard, Senior Economist, Global Indicators at The Conference Board. “The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards.” Conference … Continue reading
Posted in Consumers, COVID-19, Politics, Weekly Financial News
Tagged China, consumer spending, Economy, Federal Reserve, foreign trade, GDP growth, inflation, interest rates, Politics, tariff agreements, tariffs, Trump
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Manufacturing Not the Problem
Popular Economics Weekly “In April, U.S. manufacturing activity slipped marginally further into contraction after expanding only marginally in February. Demand and output weakened while input strengthened further, conditions that are not considered positive for economic growth.” ISM Manufacturing FREDIndustrialproduction U.S. … 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
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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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Whose Economy Is It Now?
Popular Economics Weekly “Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, transportation and warehousing, … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer spending, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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