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- smctrader commented Jul 24, 2020
Back in March and April, Trump should have been telling his base to wear masks and take the virus seriously.....instead he was tweeting "LIBERATE MICHIGAN" and all other sorts of nonsense. 4 months later and he is finally admitting that people need ...
U.S. economy's recovery is stalling, and it could get even worse
- smctrader commented Jul 10, 2020
Good for them. All they have to do is build factories on US soil, fill the factories with American workers, and carryon with operations. We were told that's what the "Tax Cuts & Jobs Act" of 2018 was supposed to accomplish. Which we now know did not ...
Coronavirus, US-China trade war see 95 per cent of American firms wanting to ditch Chinese...
- smctrader commented Jul 8, 2020
The US federal government never put forward a comprehensive plan to get this virus under control, and now here we are. Back in April, Trump should have signing into law a federal mandate that people wear masks, instead he was busy tweeting "liberate ...
United warns 36,000 employees of potential job cuts as pandemic roils travel demand
- smctrader commented Mar 6, 2020
Now more than ever, is the time for countries to be reasonable and quickly come to trade agreements with one another.
EU's Hogan: Hopefully Can Reach Some Mini Deal With US
- smctrader commented Feb 26, 2020
People need to not overreact right now. The death rate for people under age 50 that catch this bug is 2 in 1000. I would definitely buy food supplies in case you are quarantined for 1 month, but I don't believe this is going to be some mass ...
U.S. warned to prepare for coronavirus pandemic as Europe lockdowns spread
- smctrader commented Feb 24, 2020
"Unfazed by coronavirus" Let's check back in February now that coronavirus is shutting down northern Italy.
German business morale rises in February, unfazed by coronavirus - Ifo
- smctrader commented Feb 21, 2020
"Coronavirus is contained" is the new "subprime is contained"
Bullard: High Probability The Coronavirus Will Blow Over
- smctrader commented Feb 21, 2020
EU production numbers likely to improve as China completely shuts down. Inflation may return with a vengeance as a result.
February ‘flash’ PMI signals modest growth of German economy despite slump in exports
- smctrader commented Feb 12, 2020
Terrible numbers....if this was 5 years ago, this type of report would have sent global stock markets tumbling.
Industrial production down by 2.1% in euro area
- smctrader commented Feb 11, 2020
I worked for a moving company when I was younger. If you've ever tried to pick up a baby grand piano, you would understand why they get dropped.
'It's kaputt.' Movers accidentally drop virtuoso's one-of-a-kind $194,000 piano
- smctrader commented Feb 11, 2020
How is the U.S. a more prime borrower than Germany? Germany's debt to GDP is about 60%. The U.S. debt to GDP is over 100%. Germany runs consistent trade surplus and is a creditor nation. The U.S. runs chronic trade deficits and is the world's ...
Fed Rate is too high, Dollar tough on exports
- smctrader commented Feb 10, 2020
There are zero signs that this virus is slowing
Mild optimism grows amid signs that the Coronavirus is slowing
- smctrader commented Feb 4, 2020
The bubble is not in stocks, the Fed, bonds, crypto, Tesla or anything else. The bubble is in the fiat electro currencies that make all of this insanity possible.
Its Central Banks vs. Coronavirus
- smctrader commented Feb 4, 2020
Never. The Fed is trapped and is currently monetizing the US govt debt.
When Will the Fed Stop Buying Treasury Bills?
- smctrader commented Feb 4, 2020
Meanwhile Trump is running $1 trillion deficits.....we're all socialists now, buddy.
The next US president: Wall Street's fear of the left
- smctrader commented Feb 3, 2020
Not all humanitarian motives on his part.....global epidemic will kill both his business and possibly his family.
Griffin’s Citadel Sends Supplies to Wuhan, Supports Vaccine Work
- smctrader commented Feb 3, 2020
"Drives $25 Ford" reads article: "Reid, however, is an oddball among NFL head coaches because he still drives a 92-year-old Ford Model A his father, Walter, bought for only $25 back in the 1940s. The Model A the younger Reid drives today has been ...
Andy Reid Net Worth: Super Bowl 2020 Champion Drives $25 Ford Despite $7.5M Salary
- smctrader commented Jan 31, 2020
Worst reading since 2009. If not for $1 trillion in US govt deficit spending, we would have gotten a -2% GDP print yesterday.
Chicago Business Barometer – Drops to 42.9 in January
- smctrader commented Jan 31, 2020
That's the wrong question....the right question is what will the economic factor be over the next 6 month to a year.
Major markets in a relief rally but can China really “reverse the tide”?
- smctrader commented Jan 29, 2020
Biggest drop since 2014. Blame it on the coronavirus. Oh wait it is home sales in the US.
Pending Home Sales Skid 4.9% in December