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Tag Archives: tariffs
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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Republicans’ Dystopian Dream
Popular Economics Weekly “I don’t want to abolish government. I simply want to reduce it to the size where I can drag it into the bathroom and drown it in the bathtub.” Grover Norquist, Republican. Grover Norquist, founder and president of Americans for Tax Reform in a 2001 … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, Federal Reserve, foreign trade, GDP growth, Great Depression, inflation, interest rates, news, Politics, tariffs, Trump
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Why the Shock and Awe?
Financial FAQs “White House aide Peter Navarro said Sunday that he expects President Donald Trump’s tariffs to bring in $6 trillion in revenue in the next decade, which could amount to the largest tax hike in US history. CNN The … Continue reading
“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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It’s the Law of the Jungle
Financial FAQs “Trumpian Incompetence will provoke a counterreaction, which will prove to be an opportunity and rebirth. When that happens people will be ready to hear the truth that Trump will never understand—that when you turn America into a vast … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged Donald Trump, Economy, Federal Reserve, GDP growth, Great Depression, Great Recession, inflation, interest rates, Politics, tariffs, Trump
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Does Tariff War = Recession?
Popular Economics Weekly “I don’t see any kind of well-thought-out, comprehensive strategy coming out of the White House,” said Bernard Baumohl, chief global economist at the Economic Outlook Group, a nonpartisan forecasting firm. What is the White House strategy? Is it … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged consumer confidence, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, Politics, tariffs, Trump
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What Is Burning?
Answering Kennedy’s Call “Yet another tragic story of people being trapped inside a burning Tesla, this time in Toronto. Four dead; one rescued when a bystander smashed a window. Phil Koopman, cited by Paul Krugman in Substack Carscoops.com Paul Krugman … Continue reading
Are Consumers In Danger?
The Mortgage Corner Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said last Friday. In percentage terms, it is the biggest gain since June 2022. FREDconsumercredit Will consumers lose … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged business, Economy, Federal Reserve, finance, GDP growth, inflation, interest rates, tariffs
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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
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