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Federal Reserve

As the US Economy sags…Wall Street soars….

August 14, 2020 By jamesb

Why? Why are the rich people making TONS of money while other people live on a extra $600 dropped to maybe $400 a week in jobless benefits.... You know.... the Republican thing.... The S&P 500, an index that tracks the country's largest publicly traded companies, has … [Read more...] about As the US Economy sags…Wall Street soars….

Filed Under: Government, Politics, the Economy Tagged With: economy, Federal Reserve, Jobless/unemployment, Politics, Wall Street/Stock market

US Banks increase their rainy day money reserves….

July 17, 2020 By jamesb

Figuring that right after Donald Trump leaves the stage? (Trump wants MORE tax cuts which would cut even MORE  incoming revenue for Social Security and Medicare?) The same thing that greeted Joe Biden's boss President Obama? when Bush II left The US Economy landing in … [Read more...] about US Banks increase their rainy day money reserves….

Filed Under: Government, Politics, the Economy Tagged With: Banks, Biden, Federal Reserve, Medicare, more tax cuts, Politics, Social Security, The economy, Trump

The Federal Reserve warns about the Government’s red ink budget….

February 12, 2020 By jamesb

Hmmmm? Warning Congress? THAT ain't gonna work.... Donald Trump OWNS the US Senate... And he LOVES spending OTHER people's money .... His guys will follow him off a cliff no matter what right now... They HAVE lost their way.... And the nation's economy ain't … [Read more...] about The Federal Reserve warns about the Government’s red ink budget….

Filed Under: Government, Politics, the Economy Tagged With: Congress, Federal Reserve, Politics, The economy, Trump budget

Stock Market rallies on possible interest rate cut….

July 10, 2019 By jamesb

Trump has been leaning on Fed Chair Powell to make the cut... While American and  foreign economises are slowing.... Trump wants lower interest rates to keep the economy going.... Fed Chairman Jerome Powell, in prepared remarks for Congress, reaffirmed that the Federal … [Read more...] about Stock Market rallies on possible interest rate cut….

Filed Under: Government, Politics, the Economy Tagged With: Fed Chair Powell, Federal Reserve, Interest rate cuts, Politics, Trump, US Economy, US Stock market

U.S. trade deficit headed for 10-year high after climbing 7% in June…

August 4, 2018 By jamesb

Donald Trump's trade war isn't helping things... U.S. exports fell 0.6% to $213.8 billion just a month after hitting a record high. The biggest drop was in new cars and trucks. Exports of drugs, jewelry and passenger planes also declined. Soybean exports surged again … [Read more...] about U.S. trade deficit headed for 10-year high after climbing 7% in June…

Filed Under: Government, Politics, the Economy Tagged With: Exports, Federal Reserve, Imports, Tariff's, Trump trade war, U.S. Economy, US Economy, US Trade deficit

With the Fed move today…Interest rates are going up….

March 21, 2018 By jamesb

The Federal Reseve thinks the economy is doing good.... They worry about inflation...So they try to keep a handle on the economy.... Higher interest rates to the big guys mean higher interst rates for us consumers.... The Federal Reserve raised interest rates on Wednesday … [Read more...] about With the Fed move today…Interest rates are going up….

Filed Under: Politics, the Economy Tagged With: Federal Reserve, Inflation, Interest costs, Interest rates, The economy, The Fed

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