Author Archives: Rick Pendergraft

Venezuela Averts Default, But For How Long?

Just like most other socialist countries, Venezuela seems to be facing an imminent collapse. The political system is corrupt, the social system is failing with one of the highest murder rates in the world, citizens are leaving the country at record levels and the economy is hanging on by a thread. It sounds like some of the scenarios we saw ...

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Does A Falling Tide Drop All Boats?

We often hear the phrase “A rising tide lifts all boats” associated with the economy or sometimes with the stock market. What most people fail to see is that the opposite is true as well; a falling tide drops all boats. With the stock market rising essentially for over eight years now, the bull market has definitely lifted most boats, ...

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Top Candidates For Federal Reserve Chair Position And Their Views

President Trump is weighing his options for appointing a new Federal Reserve Chairman and this could be one of the most important appointments that he makes in his first year or his first term possibly. The Fed Chair is seen as the main policy maker when it comes to monetary issues. The way the Fed sways the economic environment is ...

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Which Companies and Industries Will Suffer If NAFTA Is Terminated

The North American Free Trade Agreement was signed between Canada, Mexico and the United States in 1994. The agreement was designed to eliminate almost all trade barriers between the three countries. For the most part, it has had its desired effect with trade between the three increasing significantly. For the United States, Canada is the leading country for American exports ...

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India Vs. United States: A Comparison of Economies and Markets

India is the second largest country in the world in terms of population and the country has made great strides in its economy by developing a capitalist approach and adapting it to meet with Hindu traditions. The annual growth rate for GDP has been above four percent since we entered the 21st century with the exception of one reading and ...

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