Synthetic Line President Donald Trump referred to the U.S.-Canada border as an “synthetic line” throughout a Fact Social submit, sparking debate about its historic, authorized, and geopolitical significance. The remark got here amid discussions of his administration’s immigration insurance policies, together with a proposed 25% tariff on Canadian items to handle unlawful immigration and drug … Read more
Trump Dodged a Catastrophe from the Bond Market, however the Injury Isn’t Over But Washington, D.C. – April 10, 2025, 10:44 AM PDT – President Donald Trump narrowly averted a bond market disaster this week along with his abrupt 90-day tariff pause introduced Wednesday, April 9, however the monetary fallout continues to ripple, signaling that … Read more
Mortgage Rates Slingshot Higher as Tariff Uncertainty Roils Markets April 8, 2025, 12:29 PM PDT — Mortgage rates surged Tuesday, climbing 25 basis points in the past 24 hours to an average of 6.85% for a 30-year fixed loan, erasing last week’s declines and signaling fresh volatility in the U.S. housing market. The spike, reported … Read more
EU Proposes “Reciprocal Duties” Against “Dirty 15” Countries in Trade Clampdown Brussels, Belgium – The European Union is set to impose retaliatory tariffs on 15 countries accused of unfair trade practices, branding them the “Dirty 15” in an aggressive move to level the playing field for European businesses. The proposed “reciprocal duties” would mirror the … Read more
Recession Fears Grow as Deutsche Bank Survey Shows 50% Probability New York, – The risk of a U.S. recession is climbing, with Deutsche Bank’s latest markets survey revealing that investors now see a 50% chance of an economic downturn in the next year. The findings reflect growing anxiety over persistent inflation, aggressive Federal Reserve rate … Read more
Cut Debt or Face Economic Heart Attack: A Survival Guide for Nations, Businesses, and Households The global economy is walking a tightrope, balancing precariously over a chasm of unsustainable debt. From governments drowning in trillion-dollar deficits to households struggling with credit card balances, the world’s addiction to borrowing has reached critical levels. The International Monetary … Read more