This past week President Trump announced his direct action against China in efforts to tame the trade imbalance between our two countries (China imports minus what we export to China). That trade imbalance represents approximately $375 billion, which is 1.9 percent of… More >>
The U.S. debt level just blew the doors off any expectations. Late last week the U.S. Department of the Treasury reported U.S. debt levels that topped $21 trillion. [i]
Make no mistake, this is the highest level of debt on record.
It also puts the U.S. economy at a… More >>
Last Friday, March 9, 2018, we celebrated a birthday that may have slipped your attention. While we were watching the stock market thunder ahead 1.74 percent [i], Friday marked the ninth year of this current bull market and the second-longest stock market rally in our… More >>
The headline-grabbing Trump administration outdid itself this week, once again, after announcing steel and aluminum tariffs likely to be enacted next week. [i] Not surprisingly, the market reacted violently to this announcement. [ii]
Furthermore, U.S. equity… More >>