2020 Small Business Economic Outlook

2020 Small Business Economic Outlook

On the heels of a strong holiday season, small business owners should be feeling quite optimistic as we roll into 2020. The American economy was gifted with reduced economic uncertainty, capping off what has been – while not spectacular – a very solid year of economic growth.

At this point last year, and throughout the majority of this year, most economic analysts out there were predicting a recession of the US economy. No one could believe that the current economic expansion could possibly continue into a record 11th year

aerial-shot-building-business-2226458

New EU Tariffs the Trump Administration is Set to Impose

The World Trade Organization (WTO) just opened the door for new U.S. tariffs against the European Union starting October 18th. The recent decision by the WTO ruled in the favor of the United States in their 15 year long battle against subsidies the EU provides to airplane maker Airbus.

In addition to airplanes, the office of the United States Trade Representative released a list of items imported from Europe that will now be subject to tariffs. Included among those items are electromechanical tools, backhoes, wool sweaters, coffees, olives, cheese, and many liquors.

Current-Economic-Conditions

Understanding Current Economic Conditions & Positioning For The Rest Of 2019

How is that possible? As history has shown us, global economic uncertainty leads to global investors shifting their money to safer U.S. assets which drives up the value of the dollar since dollars are needed (think supply vs demand) to purchase these assets. This is depicted by the U.S. Dollar Index (DXY), which tracks the strength of the dollar against a basket of major currencies. The dollar has held its strength and reamined near the peak its 52-week high. U.S. Dollar Index goes up when the U.S. dollar gains “strength” (value), compared to other currencies. In particular, it has gained 7% against the Euro since it began its ascent last April, and nearly 10% against the Chinese Yuan over the same period.

Dynamic-Capital

Tax Refunds Likely To Be Delayed

As reported by the Washington Post, hundreds of Internal Revenue Service (IRS) employees have received permission to skip work during the partial government shutdown due to financial hardship. Per a statement issued by union leaders on Tuesday, they expect absences to surge as part of a coordinated protest that could hamper the government’s ability to process taxpayer refunds on time.

Dynamic Capital 2019 Economic Outlook

Dynamic Capital 2019 Economic Outlook: Less Gloom and More Boom

The economic outlook for 2019 can be looked at in one of two ways – through the scope of the pessimistic geo-political noise dominating the headlines, or via the time-tested evidence our economy is spitting out indicating continued strength for U.S. markets. We at Dynamic Capital choose the latter, as do many of this nation’s CEOs surveyed by the Business Roundtable CEO Economic Outlook Survey. Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co. and Chairman of Business Roundtable said, “The BRT CEO survey shows that confidence among America’s business leaders remains strong.”

Tel: 1 (305) 249-1444
Email: info@dynamiccap.com

2455 East Sunrise Blvd
Suite 411
Fort-Lauderdale, Fl 33304

Office

Hours

  • Mon - Fri9:00 AM - 6:00 PM
  • Sat9:00 AM - 2:00 PM
  • SunClosed
  • HolidayClosed

© 2018 Dynamic Capital