Three significant issues for the next few months are: Whether the Fed will tighten for the fourth time this year at the Federal Open Market Committee (FOMC) meeting, and how hawkish it sounds How aggressively President Trump pursues his trade war agenda The amount that China will invest to stimulate its economy. $175 billion has…
Industry Update (Fall 2018) – Trucking Market Continues Upwards
2018-10-08T06:42:00+00:00Reports heralded the positive economic indicators for September 2018, but trade war, tariffs and rising prices are significant concerns. A closely watched survey on U.S. consumer sentiment hit a high range in September achieved only two other times since 2004. A recent study indicated that the rate of manufacturing growth in the U.S. slowed last…
Will Tariff War Affect Truck & Parts Prices?
2018-04-02T06:49:59+00:00Tariffs in general are not good for globalization. Tariffs take away the opportunity of benefiting from the global economy and their advantages. Tariffs are also a weapon to fight back when Governments artificially reduce prices to capture market share. Solution always lies in neutralizing the unfair practices to bring back the economies of countries hurt…