By Robert Romano The U.S. trade in goods deficit with China is down 12.8 percent in the first nine months of 2019, or $38.5 billion, compared to 2018, according to the latest data from the U.S. Census Bureau . The numbers came with the 10 percent tariffs President Donald Trump levied on $200 billion of […]

  By Rick Manning The United States-Mexico-Canada (USMCA) trade agreement is an important first step in restructuring the trading system around the world around a capitalist idea — that intellectual and private property is foundational to fair and honest trade between willing partners. While it may seem […]

By Rick Manning Brazil is the leading producer of sugar cane in the world and environmentalists in the South American country worry that a recent decision by President Jair Bolsonaro’s government to end a ten-year moratorium on new cane production in the Amazon rainforest will spark new development. While Brazilian sugar production […]

By Richard McCarty John Arnold, another billionaire who loves to fund liberal causes, needs to make up his mind. Do we need a larger population or a smaller population? A few weeks ago, he tweeted , “Net immigration -70% last year and at 10 year low. Life expectancy […]

By Rick Manning House Speaker Nancy Pelosi’s (D-Calif.) Drug Pricing bill, H.R. 3 , the so-called “Lower Drug Costs Now Act of 2019” would be a disaster for those praying for the next medical cure, as it punishes those who are making and democratizing the latest medicines. Currently, the […]

By Robert Romano Don’t look now, but the inversion between the 10-year treasury and the 3-month treasury that began in May has uninverted , either calling into question that it was a recession signal or confirming it, depending on what happens in the coming months. This signal was given much fanfare when it went […]

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By Rick Manning President Ronald Reagan often repeated the admonition to “trust but verify” when it came to nuclear deals with the Soviets.  President Donald Trump’s Phase One trade deal with China needs to be approached with the same skepticism. First off, Trump’s deal with China nominally […]

By Rick Manning It is time for D.C.’s political pundits to get woke on the economy, while one particularly obnoxious group of wealthy virtue signalers are finding their true selves revealed. While the focus in D.C. is rightfully on the fake impeachment being foisted upon America by […]

By Robert Romano Readers will recall that in the 2016 election and since then financial and political analysts were tripping over themselves to predict that if President Donald Trump won and implemented his planned trade agenda, which included tariffs, why, we’d have a global recession perhaps even […]