Posted in China consumer prices CPI Economy Media Politics PPI Tariffs trade Washington Post

Carney: Washington Post Admits Media Blew It and Tariffs Aren’t Raising Consumer Prices

As it turns out, Breitbart has been right all along. Tariffs did not squeeze American consumers.

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Posted in 2020 Bernie Sanders Democratic debates Economy Politics

Fact Check: Bernie Sanders Falsely Claims Half of America Earns $9 to $10 an Hour

The math does not add up. Shouldn’t Sanders know more about America’s workers?

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Posted in Asia China Economy Phase One Politics Tariffs trade White House

The White House Still Has Not Released the Phase One Trade Deal Text

The White House appears to be waiting until the last minute to release the text of the phase one trade deal with China

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Posted in Asia China Economy Tariffs trade trade war

The Wall Street Journal Admits U.S. Economy Sailed Through Trade War with ‘Barely a Scratch’

The U.S. economy is far more resilient and less reliant on China than Trump critics believed.

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Posted in Economy New York Times Paul Krugman Politics QAnon

New York Times Columnist Paul Krugman Says Hacker Used His IP Address to Download Child Porn

In a tweet, Krugman speculated that it “could be an attempt to Qanon me.”

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Posted in Economy Israel / Middle East Politics

Stocks Jump to All Time Highs After Trump’s Iran Speech

Trump’s remarks set off a peace and prosperity rally on Wednesday.

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Posted in Donald Trump Economy iran iran deal Israel / Middle East Politics

Trump Says Iran Deserves a Great Future of Prosperity and Peace

“We want you to have a future and a great future, one that you deserve,” President Trump said Wednesday.

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Posted in Dow Jones Industrial Average Economy iran Israel / Middle East NASDAQ Oil Politics Stocks

Wild Ride: Stock Futures Plunge on Iran War Panic Then Recover as Reality Takes Hold

The message from financial markets matches that of President Trump: “All is well.”

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Posted in Economy ISM Manufacturing Survey

Surveys Send Conflicting Signals on Manufacturing

The ISM manufacturing index came in below expectations for the sixth month in a row and continues to indicate contraction.

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Posted in construction Economy housing Mortgages

U.S. Construction Spending Surges Higher

Construction spending in November rose by twice as much as expected and prior months were revised upward.

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Posted in 2020 2020 Election Donald Trump Economy Politics recession

Carney: The Economy is Ruining Democrat Hopes for 2020

President Donald Trump has entered 2020 with one of the best allies an incumbent president can have in an election year: a strong economy.

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Posted in approval rating CNBC Donald Trump Economy Politics

CNBC Poll: Trump’s Economic Approval Hits Highest Level in a Year

Trump is regaining support for his economic policies and his overall approval rating is rising now that the recession panic of 2019 is over.

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Posted in Dow Jones Industrial Average Economy NASDAQ Politics S&P 500 Stocks

Stocks Hit Record Highs as Investors Ignore Impeachment

The U.S. stock market shrugged off the impending impeachment vote Wednesday morning, pushing major U.S. stock indexes to record highs….

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Posted in Economy Homebuilders housing Mortgages

Homebuilder Confidence Soars to Highest Level in 20 Years

Homebuilder confidence unexpectedly jumped higher in December, htting the highest level since 1999.

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Posted in courts Economy Fannie Mae Freddie Mac Housing Finance Mark Calabria Politics

Carney: Fannie and Freddie Investors Should Be Wary About Latest Legal WIn

The Court of Claims allowed derivative claims to proceed based on a new and untested legal theory.

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