50% of the world’s population now can be considered to be middle class or higher. Could that translate into customers spending more and demanding more U.S. products? John Phipps looks into it in John’s World.
A viewer has a question for John Phipps about “missing acres” in USDA’s report, but as he explains in John’s World, the bigger issues are being missed.
In late August, (USDA) released details of rumored payments to farmers to offset market losses from the various trade wars currently underway. The payments are based on actual 2018 production, but only half, 50%.
While some data points to a dramatic decline in the trade deficit, other data tells the opposite story. John Phipps breaks down the discrepancy in John’s World.
There is a new brand of economic theory floating around labeled modern monetary theory (MMT). John Phipps explains what it means and how it’s impacting the country.
The chicken sandwich war between Chick-Fil-A and Popeye’s has added more turmoil to the poultry industry. It may be coming in the form of a shortage of smaller chickens. John Phipps explains in John’s World.
