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TRUMP NEEDS TO END TRADE WAR WITH CHINA

by | Sep 20, 2019

Dancing around the China Trade War, 73-year-year-old President Donald Trump said he didn’t need to complete a trade deal before the 2020 presidential election. While Trump doesn’t think he needs the deal, the U.S. economy needs it urgently, or face possible recession...

POMPEO BLAMES IRAN FOR SAUDI ATTACK

by | Sep 19, 2019

Visiting 34-year-old Saudi Defense Minister Crown Prince Mohammed bin Salman Sept. 18 in Jeddah, Saudi Arabia, 55-year-old U.S. Secretary of State Mike Pompeo called the Sept. 14 attacks on Saudi’s main oil refinery an “act of war.” “This is an attack of a scale we’ve...

FED CUTS FEDERAL FUNDS RATE AGAIN

by | Sep 18, 2019

Federal Reserve Board Chairman Jerome Powell cut the federal funds rate 25 basis points today, leaving the benchmark rate at 2.00%. Markets hoped that Powell would slash rates 50 basis points but, in the end, Powell couldn’t justify anything more than a...

SAUDI ARABIA BLAMES IRAN FOR ATTACK

by | Sep 17, 2019

When Saudi Arabia’s Abaqiq oil refinery was hit by a predator drone and Cruise missiles Sept. 14, wiping out 5% of the world’s refined oil capacity, Iran denied any involvement. With the war raging in Yemen since 2015, it’s easy to blame Yemen’s Houthi rebels for past...

NEW YORK TIMES CORRECTS KAVANAUGH STORY

by | Sep 16, 2019

When the New York Times published its recent story about past sexual exploits of Supreme Court Associate Justice Brett Kavanaugh, Democrats once again rushed to judgment. Kavanaugh’s main accuser Dr. Christine Blasey-Ford insisted Kavanaugh tried to rape her at a...