World Economy Risks Returning to Sync, This Time to
We noted in Superstock Investor this morning that Goldman Sachs is cutting their global economic forecast. Recession in 2019?
Despite the outries against The Kingdom, it appears life for the Saudis is getting back to normal.
Our bark is louder than our bite when it comes to sanctions. This could cause the price of oil to head lower after the sanctions are put into place.
Alibaba Chairman Jack Ma has been critical and rightly so of the impact on trade tariffs. There will be more pain for China.
Bitcoin was the "it" asset last year. Now it is the "ugh" asset. With the pop of the bubbles, comes the need to push those that pushed the envelope.
Yes profits were higher and prices are going up BUT Wall Street lost its ability to analyze the Apple as the company is dropping guidance on unit sales for iPhones as well as iPads and Macs.
Is President Trump trying to manipulate the price of gasoline to appease voters? Time will tell if this worked.
If the trade tariffs do hit and front loading was the way around tariffs in the short term, then the economy could be in big trouble.