President Donald Trump loves Twitter, and every tweet he sends out can rock the world and shift markets. His latest ourbust of ALL CAPS RAGE directed at Iran is another instance of Trump tweeting first, thinking last. But are markets beginning to ignore what Trump writes on Twitter? From CNBC: The impact of a Donald […]
Archives for July 2018
U.S. may slap tariffs on all Chinese products
A simple matter of trade posturing or a full-blown trade war? How ever you try to spin it, the tit-for-tit retaliation isn’t working, and all of the parties involved are shooting more holes in the sinking boat. The latest comments from the administration may be the worst of all. Last week, The Wall Street Journal […]
Week in Review: July 16 to July 22
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: U.S. gas prices nearing $3 average, highest found in San Francisco Rand Paul calls for better U.S.-Russia relations – leftists threaten violence WATCH: Ocasio-Cortez stumbles in ‘Firing Line’ […]
Random Friday: Trump now dislikes low rates, social media anger, California debt
News Story of the Day: during the 2016 election, President Donald Trump repeatedly slammed the Federal Reserve for suppressing interest rates and keeping them too low for too long. He wanted to raise rates to benefit the American people, not Wall Street. That seems to have changed. He told CNBC: “I’m not thrilled. Because we […]
Will Congress undermine Trump by slapping new tariffs on Russia?
President Donald Trump may be in the right direction when dealing with Russia. Perhaps this is the first time that President Vladimir Putin feels confident that a U.S. leader will attempt to improve bilateral relations. Unfortunately, if President Trump is genuine about peace, his attempts will be futile because of those behind him. Speaking to […]