Here is a rundown on some of the biggest economic developments this week. 1.) Former Fed Chair Paul Volcker passes away. Paul Volcker, who’s chairmanship of the Federal Reserve played a pivotal role in Reagan’s supply-side prosperity boom, passed away at 92
This week, President Trump took to Twitter to announce new tariffs on steel and aluminum imports from Brazil and Argentina. Although the Trump administration has had its share of puzzling trade war escalations — including declaring auto parts a threat to national
Pundits and politicians are vociferously debating the health of the U.S. economy, but one subject that isn’t up for debate is the health of the world economy — it stinks. Economic growth has slowed precipitously in China, India, Germany, France, U.K., Italy,
Welcome back from Labor Day weekend! I hope it was a great one for all our readers. I was out in Texas for the first time, and as a good conservative, it pains me to be back in the swamp! But, lucky
Recently, the stock market has been on a wild ride after trade war escalations including the U.S. labeling China a currency manipulator, the announcement of $550 billion in new tariffs, and a confusing tweet ordering U.S. manufacturers to make contingency plans to
Stocks were rocked yesterday after China’s People’s Daily newspaper published an editorial warning that China could restrict exports of rare earth minerals if trade tensions continue escalating. This threat spooked markets because rare earth minerals are critical components of everything from smart
The U.S. economy showed surprising strength in the first quarter of 2019, with initial estimates of GDP growth coming in at a solid 3.2 percent, and more significantly, year-over-year productivity growth hit 2.4 percent — the highest reading since 2010. National Economic
Yesterday, Apple sent the already wobbly stock market tumbling after lowering its earnings expectations for the first quarter of 2019. As of writing, Apple’s stock was on pace for its largest single-day decline in 6 years. Since Apple is the world’s largest
