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Daily Financial Advice from Money Morning

Disarming America’s gun lobby

Support for stricter gun controls in the US has never been higher. The usual political barriers to reform remain, but campaigners have a new trick up their sleeve, says Matthew Partridge.
The post Disarming America’s gun lobby was first published on MoneyWeek.

The charts that matter: the fall of Facebook and the rise of protectionism

As Facebook drags the US stockmarket down and Donald Trump fires the first shots in his big trade war, John Stepek looks at what the charts that matter are saying about the markets.
The post The charts that matter: the fall of Facebook and the rise of protectionism was first published on MoneyWeek.

Trump’s trade war is the perfect excuse for a market sell-off

Donald Trump’s determination to start a trade war has seen markets sell off. But Trump is a sideshow, says John Stepek. There are more fundamental reasons for markets to fall.
The post Trump’s trade war is the perfect excuse for a market sell-off was first published on MoneyWeek.

Chart of the week: feeling the squeeze

Tax revenues as a proportion of GDP are the highest since the early 1950s. We may have hit the limit of how much money the government can safely extract form the economy.
The post Chart of the week: feeling the squeeze was first published on MoneyWeek.

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