Tag: looming
Here’s a puzzling question: Why are stocks at record highs despite looming tariffs?
By Rafael Nam From businesses to Americans across the country, everybody seems worried that the economy will be hit badly if the massive tariffs threatened by President Trump go into effect this week on Aug. 1. Yet anybody who has looked recently at their 401(k) statements or retirement accounts will have noticed something surprising: Stocks…
A looming ‘demographic cliff’: Fewer college students and ultimately fewer graduates
From Hechinger Report By Jon Marcus Pickup trucks with trailers and cars with yawning trunks pulled up onto untended lawns in front of buildings from which people lugged books, furniture, mattresses, trophy cases and artwork. Anything else of value had already been sold by a company that specializes in auctioning off the leftover assets of…