With the new WTO ruling and the U.S. putting tariffs on additional EU products it will get worse. Next year when the WTO decides how much the EU can legally tariff the US because of Boeing you'll see it get even worse.
With the new WTO ruling and the U.S. putting tariffs on additional EU products it will get worse. Next year when the WTO decides how much the EU can legally tariff the US because of Boeing you'll see it get even worse.
I expect a "deal"...probably in the spring...where DT will declare victory in the "Trade War" and go back to pre-tariff status quo. He'll campaign on the "victory" and the markets will get a new infusion of fuel to move higher.
The danger of that gambit is that other factors will have set in to suppress the economy.
I expect a "deal"...probably in the spring...where DT will declare victory in the "Trade War" and go back to pre-tariff status quo. He'll campaign on the "victory" and the markets will get a new infusion of fuel to move higher.
As the self proclaimed ''deal maker'' we'll have to wait. It could be a really really big deal or no deal.
The danger of that gambit is that other factors will have set in to suppress the economy.
There are signs that the economy is slowing. The big change will come when 70% of our GNP is domestic spending. If consumers stop or slow their buying then the bottom will drop out of the economy.
I like following some of the indicators and some that are not leading indicators but do, to an extent, signal a warning.
I've been expecting a recession for a while now. The economy is cyclical and we are overdue for a recession.
"There were 33 business cycles in the United States between 1854 and 2009 based on the National Bureau of Economic Research. The average length of a growing economy is 38.7 months or 3.2 years. The average recession lasts for 17.5 months or 1.5 years. A full business cycle on average is 4.7 years."
S E E D E D C O N T E N T
Not just a contributing factor, it was the cause of it, and the whole world is going to feel the pain from a war started and continued by Trump.
With the new WTO ruling and the U.S. putting tariffs on additional EU products it will get worse. Next year when the WTO decides how much the EU can legally tariff the US because of Boeing you'll see it get even worse.
I expect a "deal"...probably in the spring...where DT will declare victory in the "Trade War" and go back to pre-tariff status quo. He'll campaign on the "victory" and the markets will get a new infusion of fuel to move higher.
The danger of that gambit is that other factors will have set in to suppress the economy.
As the self proclaimed ''deal maker'' we'll have to wait. It could be a really really big deal or no deal.
There are signs that the economy is slowing. The big change will come when 70% of our GNP is domestic spending. If consumers stop or slow their buying then the bottom will drop out of the economy.
I like following some of the indicators and some that are not leading indicators but do, to an extent, signal a warning.
The Market is slowing down. The cause: A bull market that has to finally come down to planet earth? Uncertainty on trade? The weakness of the Dollar?
Companies are reducing Capital expenditures. The bigger question for most people - will it effect hiring?
Jobs numbers tomorrow.
Tariffs.
I've been expecting a recession for a while now. The economy is cyclical and we are overdue for a recession.
"There were 33 business cycles in the United States between 1854 and 2009 based on the National Bureau of Economic Research. The average length of a growing economy is 38.7 months or 3.2 years. The average recession lasts for 17.5 months or 1.5 years. A full business cycle on average is 4.7 years."
Jobless claims still near 20 year low
