Tag: Economy
More Borrowers Are Going Underwater on Car Loans
(Wall Street Journal) Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt...
Trump Pushes Back on Reports U.S. Will Remove China Tariffs
(Associated Press) President Donald Trump on Friday dismissed a Chinese official's assertion that his administration has agreed to roll back some of the higher...
Trade Hopes Push U.S. Stock Indexes Toward Record Highs
(Associated Press) Stocks rose broadly in afternoon trading on Wall Street Thursday, pushing major indexes toward another set of records, after China said it...
Bank of England Warns over Gloomier Global Economy
(Associated Press) The growth outlook for the British economy has deteriorated largely as a result of a gloomier global backdrop, the Bank of England...
Unknowns About 2020 Election Make American Businesses Cautious Again
(Associated Press) While the 2020 presidential election is still a year away, some business owners see their customers already becoming more cautious because of...
Trump Tariffs Working? U.S. Trade Deficit Now Falling
(Associated Press) The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports...
Laying Waste to the Prevailing Federal Reserve Narrative
(John Tamny, RealClearMarkets) It’s often said that “red” and “blue” are divided as ever. But like most things, this bit of conventional wisdom is...
Fed’s Balance Sheet Soars Above $4 Trillion
(ZeroHedge) If it seems like it was just over a month ago that the repo market suddenly suffered its biggest cardiac arrest since the...
Time for Investors to Reset Their Portfolios for Inflation
(Money Metals News Service) As investors reset their clocks to accord with the end of Daylight Savings Time, they may also need to reset...
