Posts tagged as: Dollar

House to Vote on Boehner’ Debt Ceiling Bill at 6PM ET – Key Next Step in US Debtmaggedon

obama_boehner

The House Bill, which House Majority Leader Boehner had to revise after it was scored poorly by the CBO, is back with tweaks and it seems that he h…

ISM Manufacturing Index Comes in Better Than Expected, Giving Some Momentum to US Economy Heading Into 2nd Half of the Year

7-1-2011 11-17-41 PM

The manufacturing sector in the US faced a sharp slowdown in May, as the ISM Manufacturing PMI fell from 60.4 in April to 53.5 in May. Expectations…

Appreciating Dollar Likely Pushing Stocks Lower

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The dollar surged against its key counterparts and stocks plunged on growing evidence Greece may default and on further signs the US economy is we…

Restoring America’s Protective Tools

USA Flag with Statue of LIberty Imposed

The United States has rarely used tariffs in recent years, but when they have been implemented there is evidence that they do deter imports. In Jan…

Retail Sales declined 0.5% in May

Retail Sales

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and h…

U.S. Manufacturing Profits Set New Record in Q1

US Manufacturing

the after-tax profits of U.S. manufacturing corporations reached a record-high $144.5 billion in the first quarter of 2011, according to data relea…

The Bullish Case for the U.S. Economy: Our Ability to Be Productive and Innovative in a Tough World

Share of World GDP by Country

s intriguing in this moment of U.S. pessimism is the 56-year-old uber-investor’s long-term bullishness on American companies and U.S. competitivene…

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