April 7, 2025
“…The investment bank’s economists, led by Jan Hatzius, now see a 45% chance of a US recession in the next twelve months, up from 35% last week. Prior to that call, Goldman had been at a 20% recession probability risk…”… Continue Reading…
April 7, 2025
“…Paul has made the case against tariffs to his colleagues in closed-door meetings, according to several senators, where he’s argued that tariffs are a tax that will burden Americans with higher prices. It’s a widely shared belief among Senate Republicans — although… Continue Reading…
April 7, 2025
“JPMorgan Chase CEO Jamie Dimon said tariffs announced by President Donald Trump will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing. Dimon addressed the tariff policy in his annual… Continue Reading…
April 5, 2025
So tariffs were good then but they are bad now? What happened? This is just more proof that congress is full of liars. Remember folks, President Trump used to be a Democrat. Most of his policies have not changed. The… Continue Reading…
April 3, 2025
“Fewer Americans file for jobless benefits last week as labor market continues to show strength Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. That’s less than the 226,000 new… Continue Reading…
April 3, 2025
“The Trump administration has expanded its tariffs on aluminum to include canned beer imports and empty aluminum cans. President Donald Trump is expected to announce sweeping new levies on imported goods at a Rose Garden event Wednesday. Industry analysts expect… Continue Reading…
April 3, 2025
““That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure,” German economy minister Robert Habeck said Thursday. Elsewhere, outgoing German Chancellor Olaf Scholz said he believed the latest tariff decisions by… Continue Reading…
April 3, 2025
https://www.cnbc.com/2025/04/03/trumps-tariffs-if-sustained-likely-to-push-the-us-and-globe-into-recession-says-jpmorgan.html Article behind paywall. Notice the headline “likely”. That’s the key word here. It’s also possible to avoid recession. Legacy media is trying to act like tariffs are the most horrible thing ever. If tariffs are so bad why does… Continue Reading…
April 3, 2025
“…The S&P 500 dropped 3.4%, putting it on track for tis worst day since September 2022. The Dow Jones Industrial Average tumbled 814 points, or more than 4%. The Nasdaq Composite slid 3%. Shares of multinational companies tumbled. Nike and Apple dropped 11% and 8%, respectively. Big sellers of imported… Continue Reading…
April 2, 2025
Click here to watch video: https://www.brighteon.com/a692259e-d726-4ed5-b70b-4e9c380aa7f1
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