When it comes to the beef industry — and the pork industry — USMCA is just NAFTA re-branded, and NAFTA was disastrous to the U.S. cattle industry.

Two measures of the U.S. economy were reported on Wednesday, both of which exceeded forecasters’ expectations.

According to the Commerce Department, the U.S. economy grew by 2.9 percent last year. According to some experts, the true economic growth is likely twice that.

Three reports released on Friday were good news for everyone involved in the U.S. economy, except for forecasters who once again underestimated its strength.

Rich Wall Street investors holding Puerto Rican bonds are going to take a big hit in the settlement of that nation’s bankruptcy.

 

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