Yesterday President Trump surprised many of his own advisers when he announced that he would impose steel tariffs of 25% and aluminum tariffs of 10% on national security grounds. There are rumors that his top economic adviser Gary Cohn is
The bitcoin price touched $11,000 early this morning but just didn’t have enough strength to keep going, and now it’s holding stubbornly below that level. Worries about the cryptocurrency’s popularity are starting to spread with the realization that the bitcoin
Over the last five trading days, volatility in the stock market affected the banking stocks as well. The Fed Chair Jerome Powell’s congressional testimony dominated, wherein he presented an optimistic picture of the U.S. economy. This view hints at a
There has been a lot of blame flying around. Investors have been looking for something to pin the market’s selloff on, and they’re getting desperate. First, investors blamed the 10-year Treasury yield nearing 3% and the Fed hinting there are
Begun The Trade War Has… and that means the end of the world, apparently? Video length:00:01:13 Or not…While President Trump is being blamed for this week’s ugliness in stock markets, some more open-minded observers could see a few other factors
JD.com (JD) is one of our favorite Chinese e-commerce growth plays. In fact, we said plainly the name could soar. We have been following the story for quite some time. Most recently we discussed an important move the company made
>50% OF ALL STEEL, CEMENT, NICKEL, AND COPPER GOES THERE The Chart of the Week is a weekly Visual Capitalist feature on Fridays. It’s said that in China, a new skyscraper is built every five days. China is building often, and they
Public construction spending has rebounded since July last year on what looks to be storm-related cleanup costs. The Census Bureau unfortunately does not break down total spending by geographic region, which, obviously, would clarify whether or not this has been