What is MMT and Why Is It Causing A Stir in America?

At a time when some market observers are increasingly of the opinion that America may be heading toward a recession, a fringe financial theory is starting to make its way around Washington DC. Pushed by bipartisan support from prominent politicians like Alexandria Ocasio-Cortez and – some would argue Donald Trump himself – Modern Monetary Theory (MMT), which has hitherto been regarded as a borderline lunatic idea is making a serious comeback into the political and economic conversation. CCN recently reported that Berkshire Hathaway chairman Warren Buffet issued a stinging dismissal of MMT, referring to it as a “danger zone,” following

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Ford Touts Growth in North America, Downplays Losses in China & Europe in Q4 Earnings Call

By CCN.com: Ford gave its fourth-quarter earnings call this afternoon. Despite a serious decline in interest in China and Europe, the company posted a 1% improvement over last year’s Q4 revenues as a whole, and a 2% gain for the whole year. The earnings call was launched as the markets closed with F seeing a

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News – CCN