Fed Sent Big-Fat Message on “U.S.-China Trade Tensions” to White House.
But Mexican exports to other countries plunge, tripped up by global auto slowdown.
Supply chains begin to shift back to US suppliers, “due to tariffs.”
How the US shale boom changed the equation. If the attacks on Saudi oil facilities had occurred in 2007, it would have caused chaos in the US economy.
Exports by China, Japan, and Eurozone under pressure — in part because of globally weak demand for new vehicles, which transcends the trade war.
Here is where inflation runs hot – and it’s not imported consumer goods.
The bottom lines in a very competitive business are threatened.
The deepest plunge since the Financial Crisis, but more persistent.
Consumers and companies keep plugging, the world has not come to an end.
Apocalypse not now.