A Negative Outlook Of The American Economy

DAILY BASKET – NEWS COMMENTARY

A Negative Outlook Of The American Economy

MARSAL COMMENTS: It is unlikely that Trump will succeed in jump-starting the American economy by his stimulus package or tax reductions. So, thinks David Stockman, President Reagan’s Director of Budget and an ardent believer of Supply-Side economics. Continue reading “A Negative Outlook Of The American Economy”

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IS A US RECESSION LIKELY?

DAILY BASKET – NEWS COMMENTARY

IS A US RECESSION LIKELY?

MARSAL COMMENTS: The February US Treasury statement indicated a growing budget deficit. The 12 month running revenue was less 1.1% compared to one year ago, while spending increased 3.8%! (A record since 2008). Continue reading “IS A US RECESSION LIKELY?”

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Will the US Fed Really Raise Interest Rates

DAILY BASKET – NEWS COMMENTARY

Will the US Fed Really Raise Interest Rates?

MARSAL COMMENTS: The Fed and most economists were pretty confident about the US economy’s growing strength, and were (and still are) sure that interest rates will be raised in the Fed’s mid-March meeting.
However, month by month, since the beginning of the year, the actual data appearing wasn’t as expected, causing a continuous lowering of the economic forecasts. Continue reading “Will the US Fed Really Raise Interest Rates”

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Daily News Basket – March 3, 2017

US Fed indicates likely interest rate rise soon

MARSAL COMMENTS: The Fed (US Central Bank) is making noises that it may raise interest in its meeting scheduled for March 15th. The US market has been expecting this for some time and did not react too badly, but remained flat and choppy (Friday March 3, 2017). While world markets Continue reading “Daily News Basket – March 3, 2017”

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‘TIS THE SEASON, FOR CHINA BASHING

DAILY BASKET OF COMMENTARIES

‘TIS THE SEASON, FOR CHINA BASHING

While the Russian hunting season continues separately, China bashing has increased pari passu with the rise in military tensions in the South China Sea.

So far, the bashing has concentrated on media assassination by a continuous stream of news highlighting the negative or weak side of China – regardless whether it is true or not. This stream of false or biased news is passed from one news media to the other, as in a relay race, so as to ensure it is nonstop.

ECONOMIC DOLDRUMS?

One mass media organization recently wailed the deepening of China’s economic slowdown describing it as being in the “doldrums”. All this, because industrial output and retail sales were below expectations for July 2016. It attributed the poor showing to the difficulties China is facing in transforming its economy away from pure production. It then went on to name a number of other woeful results including Chinese cinema ticket sales. Continue reading “‘TIS THE SEASON, FOR CHINA BASHING”

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