Shadow Economy: Checking into Black Market Trends and Dynamics

"We are navigating a storm," asserts Allan Boomer, Chief Investment Advisor at Momentum Advisors, reflecting on the financial challenges confronting Black Americans during this economic recession intensified by President Trump’s policies. His agenda includes a decade-long budget proposal, significant tariffs, and federal job reductions, all destabilizing markets. The National Urban League urges opposition to these detrimental economic shifts. Marc Morial highlights escalating Black unemployment, while Reverend William Barber points to severe repercussions of budget cuts on Medicare, endangering millions. They stress the critical importance of Black voices in budgetary discussions.