China's Economy Powers Ahead, While The US Economy Flounders.
It's the time of the year when corporate and government finance people start to see the complete picture for 2020. With just a couple of weeks to go in the year, they know by now just how the year will finish. Yes, there can be some last minute surprises. But by and large the dye is cast. The really big numbers are done.
Will the year be positive and profitable, or will it be a financial disaster? You can bet that the guys who wear the green eye shades, the accountants and financial officers have already taken the long walk to the executive suite, to let the Company's CEO just how to prepare for that annual meeting.
And although the titles are a little exactly the same thing is happening over at 1500 Pennsylvania Avenue, The US Treasury Building. Treasury Secretary Steven Mnuchin, already knows what the numbers are for 2020. And like a giant ship under full steam, the US Economy will not change course in the last 2 weeks.
More episodes from ValueSide
Japan Slips Into Deflation...Why?
Deflation, its a word that will send a shiver up any Economist's Spine.
Last night, Japan revealed that prices, at the consumer level, had fallen 1.2% in the month of December. Let's look …
Memo To ThePresident: It's Freedom That Makes This Place Work.
It was something that we, as a nation, have been doing every 4 years, for over two centuries now: inaugurate a new President. We've done it in war and peace, boom times and depressions. But …
The Big Four Banks: The Most Political Of All Creatures.
The Big Four American Banks: Wells Fargo, Citigroup, Bank of America, and JP Morgan Chase, are the beating heart of this country's financial system.
They are the primary instruments through …
The Chinese Economy Puts The World On Notice.
While the rest of the world was preoccupied by the happenings in Washington this weekend, the Peoples Republic of China put up some economic numbers that were simply stunning, and …
How China Hijacked America's Vision Of Globalism.
America's Vision of Globalism goes back at least a hundred years to the Presidency of Woodrow Wilson, and his League of Nations. An effort to bring peace to the world after the destruction …
Big Tech Exposes Their Achilles Heal.
The action this week by Big Tech, Google, Twitter, Facebook, Amazon and the rest, have created the best environment for startups in a generation. Empowered their competition. And likely …
How you can listen to this podcast
You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.