The next U.S. recession will hit the stock market hard Published by Hilliard MacBeth on Apr 25, 2025 A recession in the U.S. is coming soon, if it has not started already. Uncertainty over the impact of higher tariffs is causing business leaders to hesitate, triggering an investment pause. Consumers are on hold with their spending plans. Government spending... Read more
Trump calls for the termination of Jerome Powell the Federal Reserve chair Published by Hilliard MacBeth on Apr 18, 2025 President Donald Trump called for the removal (termination) of the Federal Reserve chair, Jerome Powell, over frustration that the Fed has not cut interest rates recently. Is there a risk associated with threatening the chair of the Federal Reserve? On... Read more
White house trade and tariff advisor Navarro could become a scapegoat Published by Hilliard MacBeth on Apr 11, 2025 Dr. Peter Navarro is the Harvard-educated PhD economist behind President Trump’s radical reciprocal tariff plan. Navarro pushed Trump to impose higher tariffs on almost every country, including an island that is inhabited only by penguins. But signs of... Read more
The Mar-a-Lago Accord initiative is already in trouble Published by Hilliard MacBeth on Apr 04, 2025 The announcement this week of substantial additional tariffs on imports into the U.S. surprised stock markets. Wall Street wizards were caught off-base because they were expecting a more gentle and nuanced approach. Could Trump’s tariff war produce good... Read more