Tag Archives: surges

International trade deficit surges to highest in a decade 

The U.S. trade deficit jumped to a 10-year high in October as soybean exports continued to fall and imports of consumer goods rose to a record high, suggesting the Trump administration’s tariff-related measures to shrink the trade gap likely have been ineffective. The Commerce Department said on Thursday the trade deficit increased 1.7 percent to $55.5 billion, the highest level ...

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Dow Plunges 800 As Gold Surges. Here’s Why

The Dow plunged 800 points today and the price of gold surged. Here is why… “Stocks Plunge on Fears of Slowing Economic Growth”By Bill Fleckenstein President Of Fleckenstein CapitalDecember 4 (King World News) – The market opened a bit weaker, then sold off, led lower by the Nasdaq, which fell 0.75% in the first hour. The initial proximate cause for that weakness ...

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US Goods Trade Deficit Surges Near Record High (Don’t Tell Trump)

Do not show this to President Trump, he will not be happy… In the few months since President Trump unleashed his trade war, predicated on managing back America’s massive merchandise trade deficit, things have gone very wrong, judging by the numbers. Against expectations of a $70.6 billion deficit, August’s goods trade balance plunged to $75.8 billion – just shy of ...

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Legend Says The World Is On Fire As Gold Surges And Trade Wars, Currency Wars And Financial Wars Heat Up

With the US Dollar Index trading lower, today a legend in the business told King World News the world is on fire as gold surges and trade wars, currency wars and financial wars heat up. Gold: Trade Wars, Currency Wars & Financial WarsBy John Ing, Maison PlacementsSeptember 15 (King World News) – Amid the politics and symbolism, Mr. Trump has weaponized the US ...

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Just in Time: Use of Home as ATM Surges in Canada

Cash extraction at the peak of a long housing bubble, via multiple mortgages on the same property: Does that ring a bell? By Daniel Wong, Better Dwelling: Canadian real estate price spiked in 2017, and a lot of homeowners have already spent that equity. Canada Housing and Mortgage Corporation (CMHC) numbers show a huge number of people are taking out multiple ...

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