Hmmm? If things are going so good? Why are they doing this? Could be ....The Republican 'trickle down ' thing was always bullshit..... Could be ....Companies are squirreling away money worried that Trump's economic and foreign affairs miscues are about to tear a hole … [Read more...] about Wall Street companies are cutting back on making financial reports…
The economy
Doubts raise on the January 2019 Jobless report already…
Told ya so.... Most economists see a recession coming.... The Fed did NOT raise interest rates this time around other... Hmmm? The U.S. government's blowout January jobs report had the lowest response rate in a decade. Why it matters: Economists suspect that the … [Read more...] about Doubts raise on the January 2019 Jobless report already…
More than 35,500 federal workers have filed for state jobless benefits due to Trump government shutdown….
That was two weeks ago... The new figures for the recent two weeks are bound to be substantially more.... And the Trump admin won't reimburse state's that pay benefits to another 450,000 that ARE working , but ain't getting paid.... The reason being that WHEN they get … [Read more...] about More than 35,500 federal workers have filed for state jobless benefits due to Trump government shutdown….
Trump Government Shutdown could drop the 1st Qtr GDP to ZERO….
Donald Trump, as usual, is wrecking something he puts his hands on.... His holding everyone captive for a border , that he won't get, may pull the National and the world economy down.... The chairman of President Donald Trump's Council of Economic Advisers said Wednesday … [Read more...] about Trump Government Shutdown could drop the 1st Qtr GDP to ZERO….
Student loan debt is slowing down the Housing market…
Any surprise on this? Nope... School debt for people out of college or out of grad school is stepping in front of their ability to come up with money to buy a first home.... Student loans are a quiet issue festering in the background... Easy to get.... Vastly … [Read more...] about Student loan debt is slowing down the Housing market…
U.S. job growth surges to 312,000 in December….
These numbers are from (the what have ya done for me?) Donald Trump's Labor Dept..... The economy added 312,000 jobs in December, topping the 180,000 that economists were expecting, while the unemployment rate ticked up to 3.9%, the Labor Department said on Friday. Why it … [Read more...] about U.S. job growth surges to 312,000 in December….
Oil and Gas prices keep coming down….
This IS helpful for the economy and the American consumer.... Oil prices lost more ground Friday morning, the latest declines in a remarkable 10-week slide that's greased by concerns about softening demand and, thus far, largely resistant to OPEC's pledge to tighten the … [Read more...] about Oil and Gas prices keep coming down….
U.S. Trade Deficit With China Hits All-Time High Despite Tariffs…
More signals that Trump could be walking America and the rest of world into another recession like George Bush had..... Americans keep buying foreign goods and Trump's policies are likely to raise the prices of those goods.... President Donald Trump’s steep tariffs on … [Read more...] about U.S. Trade Deficit With China Hits All-Time High Despite Tariffs…