‘Trump Bump’ for Dow Industrials Is Biggest Post-Inaugural Move Since FDR – 

‘Trump Bump’ for Dow Industrials Is Biggest Post-Inaugural Move Since FDR – 

This morning I was on Varney and Company on Fox Business talking about the impressive run-up in U.S. stock indices. While we were on air, the U.S. markets opened and shortly thereafter the Dow broke to new highs at 20,700. Only one other president in history has seen such remarkable gains since their election. After […]

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America First? When it comes to GDP we get the bronze!

America First? When it comes to GDP we get the bronze!

Yesterday we talked about how the American economy, despite all the euphoric headlines since the election, didn’t deliver much of a performance in the fourth quarter and in fact we saw the weakest full-year GDP growth rate since 2011 which was well below the U.K.’s 2016 growth rate of 2 percent. Today we learned that the Eurozone […]

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NAFTA is in the hot seat, but trade isn’t as simple as America wins

NAFTA is in the hot seat, but trade isn’t as simple as America wins

With around a quarter of all U.S. imports consisting of raw materials and intermediate good that are inputs into American-made products, trade barriers that make those imports more costly also make American-made products more costly and less competitive on the global market. While the rhetoric around trade has been a straightforward, America first, the reality […]

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