Tag Archives: foreign trade

Consumer at Center of Any Recovery

Financial FAQs FRED retail sales The American economy has depended on consumers’ health, and consumer spending since the 1950s, really. Consumers generate some 70 percent of economic activity from their purchases, with government spending and capital expenditures in the private … Continue reading

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Collaboration vs. Confrontation—Who Wins?

Financial FAQs theverge.com Is the era of trickle-down economics, of Reagonomics that saw so much wealth redistributed to the top 1 percent, finally ending? Yes, if we want to really ‘cure’ the pandemic decimating the U.S. and world economies, because … Continue reading

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Disaster Preparation—Why Irrational Exuberance?

Popular Economics Weekly WTI Crude Oil Stock and bond prices are gyrating when the world economy doesn’t seem to know what to make of China’s coronavirus that has now spread to some 23 countries, according to latest reports. And that … Continue reading

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Why Our Endless Tariff Wars?

Popular Economics Weekly Wrightson-ICAP POTUS and the Trump administration can’t end their trade wars, although House Speaker Nancy Pelosi just announced they had reached agreement with Republicans on a new NAFTA accord with Canada and Mexico—now called the USMCA, or … Continue reading

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Economic Growth…Watch Out Below—Part II!

Popular Economics Weekly Wrightson.com It is obvious from the above graph that manufacturing activity is contracting, whereas the service industries continue to grow.  Exports that depend mostly on manufactured goods are therefore declining, while imports that depend on consumers will … Continue reading

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The U.S. Economy Is Slowing!

Financial FAQs Late Monday, the U.S. blacklisted 28 Chinese companies because of their alleged role in human-rights violations against Muslim minorities ahead of the high-level discussions which will be led by China Vice Premier Liu He on Thursday. Bloomberg also … Continue reading

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Higher Home Sales Mean What?

The Mortgage Corner FRED “Sales of new single‐family houses in August 2019 were at a seasonally adjusted annual rate of 713,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. … Continue reading

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How Low Can Interest Rates Go?

Popular Economics Weekly Calculatedriskblog Why are interest rates so low—not just in the US? It’s been below 0 percent in the northern EU countries and Japan for years because there is little worldwide inflation, which means there’s not sufficient demand … Continue reading

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Trade Protectionism = Recession?

Popular Economics Weekly FRED BEIJING (AP) — China’s government has threatened unspecified “necessary countermeasures” if Trump’s planned tariff hike goes ahead said the AP. And it followed up the threat by devaluing their Yuan by more than 7 percent against … Continue reading

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Economic Growth Is Slowing

Financial FAQs BEA.gov Gross domestic product, the official report card on the economy, grew at a 2.1 percent annual pace from the start of April to the end of June, the government said Friday. GDP slowed from a 3.1 percent … Continue reading

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