EFR PODCAST EP #14: TRUMPONOMIC POLICIES

By: Economic & Finance Report

New episode of the EFR Podcast, episode # 14 via Soundcloud. This episode contributes to the economic and financial policies set forth by United States President Donald Trump, called (TRUMPONOMICS). We discuss the effects of his economic policies and its outlaying prospects relayed domestically and globally.

Check out episode # 14 below… VIA THE CLOUD…. Soundcloud that is 🙂

Check out this important episode as we disclose it all here on
the EFR Podcast. #Stay Blessed & God Bless -SB

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1) www.Economic&FinanceReport.com (Economic & Finance Blog Site)

2) www.Economic-FinanceReport (Podcast/Online Show)

3) www.youtube.com/watch?v=t623Ni1W2t4 (EFR.Tv Youtube Ch)

4) www.SammyBuysHomes.com (Real Estate Investment)

 

Standard & Poor Downgrades Brazil’s Debt Credit To “Junk Status”

Brazil credit rating

By: Economic & Finance Report

Standard and Poor downgraded Brazil’s debt credit to “Junk”. The Bovespa stock index fell 0.33% Thursday, by end of the day. Brazil must cut spending and expenditures to increase stability to its economy.

President Dilma Rousseff discussed alternatives and options with her economic team, on finding certain solutions to the downgrade by Standard & Poor’s… One of the main options discussed was cutting spending drastically. Economically, Brazil is already over ten billion dollars in debt. Inflation is north of 10% and unemployment has risen drastically, over the course of a few years time.-SB

SIGNIFICANT LOSSES IN THE FOREX MARKET…. BECAUSE OF DECISION BY SWISS BANK….

forex

By: Economic & Finance Report

The forex market took serious losses because of the move by the Swiss Bank to not rationalize the Swiss franc per the Euro.. This sent a shock wave to the forex markets. Forex brokers and banks took some serious drawdowns….

Citigroup predicted it lost over $150 million USD to $200 million USD, in the forex markets because the decision presented by the Swiss National Bank (SNB). Well known broker FXCM received a huge buyout by   Leucadia National (LUK). Leucadia invested $300 million in FXCM to save the forex firm.

 This incident is being regarded as one of the major blows to the financial markets in a long time, especially so early in the new year of 2015.

-SB