Wall Street is losing its bedtime snuggly and comfort blanket in the White House. After a tortuous 14 months replete with crazy tweets from the President, Russia-probe indictments and guilty pleas, failure to talk Trump out of withdrawing from the Paris climate accord, revelations of hush money paid to a porn star by Trump’s personal […]
Phase-2 MAGAnomic Policy – NEC Director Gary Cohn Departs Administration…
FLASHBACK: How Aluminum Became a Cash Cow for Goldman…
Dow Drops 420 Points after Trump Announces Steel Tariffs…
Stocks plunged Thursday after President Trump announced plans to slap tariffs on steel and aluminum imports. The Dow closed more than 420 points down after the announcement. Trump said the tariffs will level the playing field for American companies and help them expand after plant closings in recent years. Trump made the dramatic announcement after […]
Our Trade Imbalance Is Absolutely Killing Our Quarterly & Annual GDP Rates…
Another Slap in the Face When BEA Updated 4th Q GDP…
Leaked Treasury Report Warns of Painful ‘Economic Shock’ IF, Big IF, Britain Crashes Out of EU without a Deal…
Theresa May’s plans to rely on World Trade Organisation tariffs in the case of a hard Brexit will cause a “major economic shock” and is worse than any other option, according to an unpublished Treasury document leaked to The Independent. Crashing out of the EU without a trade deal is the “alternative to membership with […]
A Lesson for George Mason Economics Chair, Boudreaux As He Attempts to School Dilbert Creator, Scott Adams…
Today Donald J. Boudreaux, who is Professor of Economics and Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center at George Mason University, wrote an open letter to Dilbert creator Scott Adams. The letter was a rebuttal to Scott disagreeing with Michigan Rep Justin Amash about Trump’s trade […]
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