The News that Matters
Before we get into the details of why Forex is such an attractive market for many people, let’s take a quick look at what Forex trading actually is. Forex or “Foreign Exchange Market” is the marketplace where currencies are traded. The global need of governments, companies and other market participants (including private traders) to exchange…
Prompt ratification of the United States-Mexico-Canada Agreement (USMCA) is critical to North America — and Texas in particular — remaining competitive with producers in Europe and Asia, according to an expert at Rice University’s Baker Institute for Public Policy. “While (the) USMCA is far from perfect, its approval will maintain most of the advantages of…
UCLA Anderson Forecast’s final quarterly report for 2018 indicates that the economy is in the process of downshifting from 3% growth in real GDP this year to 2% in 2019, and 1% in 2020. Recognizing that the nation and California are experiencing full employment, the Forecast asserts that 3% quarterly growth is not sustainable. With the Federal…
Ford Motor Company just announced layoffs in the midst of a reported $1 billion in tariff-related losses. Auto sales are down due to trade tariffs that President Trump imposed on metal and other car-related materials. Competitive Enterprise Institute trade policy expert Ryan Young says this sort of economic calamity is not surprising. “President Trump’s push…