10 October 2018
1) China’s currency has loss 10% of its value against the US dollar, a result of China’s economic problems. 2) American soy bean farmers are facing sever losses as a…
1) China’s currency has loss 10% of its value against the US dollar, a result of China’s economic problems. 2) American soy bean farmers are facing sever losses as a…
1) Because of the trade war, General Motor’s third quarter sales in China has dropped. 2) China Markets continue to drop, in part, because China has allowed its banks to…
1) There were 134,000 jobs added to the US economy in September, the lowest this year. The unemployment rate is down to 3.7%, the lowest in 49 years. The trade…
See new posting below, “EFR PODCAST EP. #28: TARIFF WARS” 1) There’s more to the US-China trade war, than just equalizing the trade imbalance. Other issues being contested with the…
By: Economic & Finance Report On this podcast #28, Bizman Bassey (Sammy BE), James Lymon and Jon Don Sterling, discuss the TARIFF situation between US, China and the rest of…
New posted article below titled “SIRIUS XM TO BUY PANDORA” 1) Feds announced today the raising of the interest rate to 2-1/4%, the third raise this year. Global markets have…
New posted article below titled “SIRIUS XM TO BUY PANDORA” 1) Today, consumers are in better shape with their debt. Current policy suggests further near-term improvement, but at a price.…
1) Like the Asian markets, European markets are also down because of the US-China trade war. China declares the United States trade policies as ‘trade bullyism’. 2) Oil prices are…
1) The Bank of Japan is holding steady amid economic uncertainty, signaling confidence in Japan’s future economy. 2) China announced it will not devalue its currency to boost its exports.…
1) China is out of ‘bullets’ in the US-China trade war. Because China imports so little American products, China can only counter President’s Trump’s $200 billion dollars with just $60…