ECONOMIC AND FINANCE REPORT

See new posting below – EFR Podcast Ep # 27 1) President Trump has proposed lowering the car fuel efficiency or CAFÉ standards as a further stimulus to the economy.…

1) President Trump is considering additional tariffs on China, possible as high as 25%. Trump isn’t showing any signs of backing down in standing up to the Chinese trade practices.…

1) Despite a booming 4.1% economic growth for the last quarter, everything may not be rosy. Signs are the housing market is slowing down which may signal an overall slow…

1) Intelligence is warning that China is intent on dominating the fields of Artificial Intelligence (AI) and robotics. The Chinese are making wide use of cyber attacks to gain the…

1) Facebook took a historic plunge with a $119 billion overnight loss. While company has outstanding profits, their cost for security enhancements dragged profits down. Additionally, the cost for national…

1) Facebook suffered a whopping one day 19% drop in it’s stock for a loss of $15.9B dollars. This is the largest single day drop for a company in history.…

1) President Trump announced that the European Union has agreed to his demands for a more even trading field. America and the EU will work towards zero trade environment, eliminating…

1) Congress has moved to suspend the sale of F-35 advance fighter planes to Turkey. Concerns over Turkey’s drift toward the Kremlin have raised doubts about the security of America’s…

1) The newspaper ‘New York Daily News’ announced they were cutting their staff in half in an attempt to avoid insolvency. Like so many newspapers, the New York Daily News…