The US economy is growing, inflation has finally hit the US Federal Reserve’s 2% target, and unemployment is quite low – and at an all-time low for African-Americans and Hispanics. For the first time in memory, there are more job openings listed by US companies than there are unemployed people. Such conditions usually foreshadow rising real (inflation-adjusted) wages, which would indicate that American workers, many of whom were left behind in the anemic post-crisis recovery, might finally reap benefits from the strong economy.
Trump
Trump Has Good Reason To Be Upset With The Fed – Gold Silver Reports
Gold Silver Reports (GSR) – President Donald Trump is going where he’s not supposed to once again, criticizing the Fed and his hand-picked chairman, Jerome Powell. In this case, he’s got a point: The Trump Fed has sped up its rate-hiking plans to offset the Trump tax cuts, even though policymakers expect economic growth to slow. The bond market, via the flattening Treasury yield curve, is worried too.
Trump is Reportedly Preparing to Weaken the Dollar – Here’s Why it will be Nearly Impossible and Won’t Really Fix Anything
GoldSilverReports.com — President Donald Trump is preparing a possible intervention in the currency markets to prevent the continuing surge of the US dollar, according to numerous media reports over recent weeks, but that may not actually fix the issues he has with America’s rampant currency.
In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S.
In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. “Stop …
I have Just Authorized a Doubling of Tariffs on Steel and Aluminum with Respect to Turkey as their Currency, the Turkish Lira, Slides Rapidly Downward
I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against …
UK to Use Trump as Secret Weapon in Brexit Talks?
Gold Silver Reports (GSR) – It seems that the Bloomberg story here implies that the UK wants to aim for a later deadline in Brexit talks in hopes that the EU will be so preoccupied with the prospect of Trump disrupting the G-20 summit that they will want to a Brexit deal wrapped up.
Trump Says He’s ‘Ready’ to Put Tariffs on All $505 Billion of Chinese Goods Imported to the US
Gold Silver Reports (GSR) – The reference is to the dollar amount of Chinese imports the U.S. accepted in 2017 — $505.5 billion to be exact, compared to the $129.9 billion the U.S. exported to China, according to Census Bureau data.