by | Oct 23, 2018 | alerts, Tariffs
October 23rd is the 89th anniversary for the 1st day of the Crash of 1929 The Smoot Hawley Tariff was the cause of the crash of 1929 which commenced 89 years ago on October 23, 1929. The legislative process that the Smoot-Hawley tariff underwent beginning in 1928...
by | Jun 18, 2018 | alerts, archive, Markets/Economy, Tariffs
The Dow 30 industrials and S&P 500 declined significantly when the US markets opened this morning. Stock market indices in Asia and Europe declined earlier today. The declines were from the anxiety which was caused due to the official start of the trade war...
by | May 1, 2018 | alerts, archive, Secular Bulls/Bears, Tariffs
The probability is 50/50 that the announcers on CNBC and Bloomberg will be shouting “mayday!” on May 1, 2018. The first day of May is also known as May Day. The potential for a “mayday” alert on May Day 2018, is because the stock market has the potential to decline...
by | Feb 28, 2018 | alerts, Secular Bulls/Bears, Tariffs
Yesterday, US President Donald Trump announced that the US would impose a 25% tariff on those countries importing steel and a 10% tariff on aluminum into the US. The reaction by the leaders of foreign countries has been harsh. President Trump’s push back tweet “trade...
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