China announces it seeks ‘calm’ end to trade war, as markets tank and currency hits 11-year flatline

China signaled Monday it is now seeking a “calm” end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China’s currency plummeted to an 11-year low following the latest tariffs on $550 billion … Read More

Trump brushes off concerns of recession, touts strong economy

President Trump offered an optimistic outlook of the economy Sunday and dismissed concerns of a looming recession after losses in financial markets last week and his ongoing trade war with China that some say will determine if he wins in 2020. “I don’t think we’re having a recession,” Trump told reporters as … Read More

Weekly Update by Mark Armstrong – 2 August 2019

posted in: News, Weekly Update

Greetings from Tyler, Are these the best of times, or the worst?  It seems that for now at least, the foreign policy of the United States is solid.  Iran is still holding the British owned tanker taken hostage in the … Read More

The 99% Get a Bigger Raise

New data show much faster growth in wages and incomes. An assembly line worker packages items from an online order to be shipped out of a Target store in Edison, N.J., Nov. 16, 2018. PHOTO: JULIO CORTEZ/ASSOCIATED PRESS Political discourse nowadays is … Read More

AOC’s Chief of Staff Admits the Green New Deal Is Not about Climate Change

posted in: Breaking News, News

Representative Alexandria Ocasio-Cortez (D, N.Y.) during a House Oversight and Government Reform hearing on Capitol Hill in Washington, D.C., May 9, 2019. (Leah Millis/Reuters) Representative Alexandria Ocasio-Cortez’s chief of staff Saikat Chakrabarti admitted recently that the true motivation behind introducing … Read More

It doesn’t matter who Trump runs with: he’ll still win in 2020

posted in: News, United States

Donald Trump claps as he leaves after speaking during a Make America Great Again rally in Green Bay At this point, we can relegate the admonitions and advisories to the small print reserved for the disclaimers about possible side effects … Read More

Dollar edges higher on trade tensions, Swedish crown rises after vote

posted in: News, United States

The Swedish crown strengthened after an election in the country on Sunday that saw support for the nationalist Sweden Democrats surge. An emerging market currency index dipped more than 0.4 percent on Monday after booking its biggest weekly loss in … Read More

Trump’s policies could enable America’s economy to outpace China’s

The great engine of American capitalism is once again firing on all cylinders, as shown by the 4.1 percent annualized growth of America’s gross domestic product (GDP) in the second quarter of this year. Most Americans (with the exception of … Read More

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