19 October 2018
1) There are three major retailers who stand to gain from the bankruptcy of Sears- JC Penney, Kohl’s and Macy’s, but Amazon and Walmart could also absorbed most of Sears…
1) There are three major retailers who stand to gain from the bankruptcy of Sears- JC Penney, Kohl’s and Macy’s, but Amazon and Walmart could also absorbed most of Sears…
1) There were 7.14 million job openings in August, the highest ever. Job openings out paced unemployment. 2) Federal government closed its 2018 fiscal year with a $779 billion dollar…
1) Investors fear if oil prices continue rising, then inflation may very well rise also. 2) Saudi Arabia’s stocks have plunged over suspected murder of a journalist. Fears abound that…
New article posted below titled, “SEARS SEEMS TO BE GOING THRU BANKRUPTCY………” 1) Chinese markets drop because of the decline of China’s economy, the biggest drop in 4 years. There…
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) Today, consumers are in better shape with their debt. Current policy suggests further near-term improvement, but at a price.…