Everything is not like a Hollywood movie in America. The economy of the United States is beginning to show stress from the enormous debt carried by the average citizen.  That pressure was seen this week as the American stock markets experienced huge losses which drove investors values down around 3% in a single day. Warning…

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The economic benefits of the Tax Cuts and Jobs Act (TCJA) seem to have petered out.     The US economy grew robustly in late 2017, perhaps partly due to expectations for a coming tax cut (which Congress passed in late December of that year). But the rate of growth peaked in the second quarter of…

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If you think the heavy rains and flooding in the United States isn’t your problem, think again. Farmers have been late or unable to plant crops; and that will affect not only prices, but foods availability as well and eventually, the economy. Check out this article from Forbes for the update.

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The beginning of the US economy’s second year under the Tax Cuts and Jobs Act was largely positive, though some troubling signs lurked just beneath the good news. The government’s initial estimate of first quarter Gross Domestic Product (GDP) reported a surprisingly strong annualized growth rate of 3.2 percent, up from 2.2 percent in the…

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