ECONOMIC AND FINANCE REPORT

1) The arrest of a top Chinese executive of Huawei, a major Chinese high technology company, caused world markets, including the Dow, to fall. The Dow dropped 777 points before…

1) President Trump continues to play hardball with China to hammer out a trade agreement more favorable and equitable to the United States. But he did praise China for taking…

1) World stock markets fell dramatically, the Dow down 800 points, a result of uncertainty about China and American trade war. There wasn’t any signing of agreements at G20, nor…

1) Qatar announced they are dropping out of OPEC to focus on natural gas production, which is what their oil fields mostly produce. Being a small producer of oil, Qatar…

1) President Trump has signed USMCA, the new trade agreement with Mexico which will replace the NAFTA, the current agreement. 2) Microsoft has been awarded a $480 million dollar contract…

1) President Trump goes to G20 conference amid concerns for the near and far future of world economies, as countries are withdrawing into nationalism and protectionism. While flying to the…

1) America had the fastest expanding GDP by growing 3.5% in the third quarter. The Feds hint that they might hold interest rates at present level, which would further stimulate…

1) There are reports that Apple stock holds key to end market slide, that the markets can’t turn around until Apple is going up, because the markets are being driven…

1) Reports that the struggling retailer Sears was a ghost town on Black Friday is another sign of how Sears is struggling through the holiday season trying to remain in…

1) The government released a report on climate change and the adverse effects to be expected. The US GPD may decline as much as 10% by 2100. It acknowledge that…