AboutLouis Woodhill, Author at Affluent Christian Investor
Donald Trump Should Apologize to China, and Turn His Wrath On the Fed
On Tuesday, August 11, China began devaluing its currency unit, the yuan, against the U.S. dollar. Later that day, Republican presidential candidate Donald Trump denounced China, saying:
“I think you have to do something to rein in China. They devalued … Read More
Central Bank Follies
On January 15, the Swiss National Bank (SNB) sent shockwaves through world financial markets when it abruptly abandoned the “peg” under which it has kept the exchange rate between the Swiss franc and the euro at 1.20 SWF/EUR since … Read More
Jobs Report Reflects Our Unstable Dollar
The financial markets were not thrilled with last Friday’s “Employment Situation” report from the Bureau of Labor Statistics (BLS). The Dow Jones Industrial Average fell by almost 1% on the day.
Friday’s BLS report basically represented a continuation of the … Read More
Recent Jobs Number So 2007
Imagine how you would feel if you were in the following situation. You’re taking a trip on the U.S. Economy Bus . There are 319 million people on the bus with you. It has been a rough ride so far, … Read More