from King World News
Buckle up because is about to soar…again.
April 24 (King World News) – Peter Boockvar: According to the Chinese Ministry of Commerce spokesman speaking in Beijing today, “any reports on development in talks are groundless.” So, they are not really talking and what would any deal look like?
The Fed’s Beige Book came out with perfect timing as it captures the response of businesses and consumers to the tariff onslaught. “Economic activity was little changed since the previous report, but uncertainty around international trade policy was pervasive across reports. Just five Districts saw slight growth, three Districts noted activity was relatively unchanged, and the remaining four Districts reported slight to modest declines.” Sounds like a no growth economy.