Forbes (October 4)
“The bulls charging through Shanghai are beginning to look over their shoulders. Gaining on them is economic reality.” The 30% surge in equities since hitting their September low may be “overdone. The problem is an underlying economy facing intensifying headwinds. And one failing to keep pace with the sudden surge in investor optimism toward China.”
Tags: 30% surge, Bulls, Economic reality, Economy, Equities, Headwinds, Investor optimism, Overdone, September low, Shanghai, Underlying
Fortune (September 30)
Hedge fund veteran Mark Spitznagel “previously said markets would rally as the Fed eases in a Goldilocks phase, but has also warned a recession is coming and that rate cuts are also the opening signal for big reversals down the line. In the current environment, that means in the biggest market bubble in history will soon pop, eventually prompting the Fed to ‘do something heroic’ but doom the economy to stagflation.”
Tags: Bubble, Doom, Economy, Fed, Goldilocks phase, Hedge-fund, Markets, Rally, Rate cuts, Recession, Reversals, Spitznagel, Veteran
CNN (September 26)
“No one likes being told the economy is good when their own personal financial situation is rocky.” Yet, ”for the first time in years,” there are “a lot of mood-boosting economic changes coming our way.” It comes down to “vibenomics 101: stocks up + gas down = good vibes.” We may have “vanquished the vibecession.”
Tags: Economic changes, Economy, Financial situation, Gas down, Good vibes, Mood-boosting, Personal, Rocky, Stocks up, Vibecession, Vibenomics
Fortune (September 18)
“Any prominent investor comparing China with Japan prior to its lost decades of stagnation ought to be alarming.” It’s even more alarming when it’s Ray Dalio, the founder of massive hedge fund, Bridgewater. Long known as China bull, he now “fears the property crisis in China has left local governments unable to service their debt by extracting equity through land sales” and that China’s economy now “faces problems as severe as Japan in 1990.”
Tags: Alarming, Bridgewater, China, Dalio, Debt, Economy, Equity, Founder, Hedge-fund, Investor, Japan, Local governments, Property crisis, Severe, Stagnation
New York Times (September 16)
“The issue that still dominates the presidential contest is the economy, which is driving a lot of the discourse.” It appears that “Kamala Harris may be gaining ground on the economy” while other signs suggest a change in outlook. The most recent University of Michigan sentiment survey shows “U.S. consumers increasingly feel better about prices and other economic matters.”
Tags: Discourse, Dominates, Economy, Harris, Outlook, Presidential contest, Prices, Sentiment, Survey, U.S. consumers, University of Michigan
Investment Week (August 15)
“The UK economy grew by 0.6% in the second quarter, following an increase of 0.7% in the previous three months.” Year over year, “gross domestic product expanded by 0.9% from April to June…. The figures confirm that the economy has enjoyed a strong recovery from its mild technical recession last year.”
Tags: 0.6%, 0.7%, 0.9%, Economy, Expanded, GDP, Grew, Q1, Q2, Strong recovery, Technical recession, UK
Wall Street Journal (August 10)
“China was bruised by its trade war with the U.S. under President Donald Trump, but ultimately bounced back.” If he is re-elected “The economic damage to China would be much steeper than in Trump’s first term because the tariffs would be higher and China’s economy is much more vulnerable.”
Tags: Bruised, China, Economic damage, Economy, Re-elected, Tariffs, Trade war, Trump, U.S., Vulnerable
Bloomberg (July 28)
“Bond traders who’ve set themselves up for gradual interest-rate cuts starting in September are ramping up side bets in case a sudden slide in the US economy forces the Federal Reserve to be even more aggressive.” A minimum of two quarter-point rate reductions are priced in for the year and “some traders have gone even further with wagers that pay off if central bankers go bold and deliver a half-point cut in mid-September — or start lowering rates sooner.”
Tags: Aggressive, Bond traders, Central bankers, Economy, Fed, Half-point, Interest, Quarter-point, Rate cuts, September, Slide, U.S.
The Guardian (July 16)
“What the world needs is a period of stability after the repeated blows of recent years.” But that’s unlikely if Donald Trump prevails in November. “Anybody wondering what the next big economic shock might be… need look no further than the frontrunner to be in charge of the world’s biggest economy in six months’ time.”
Tags: Blows, Economic shock, Economy, Frontrunner, November, Prevails, Stability, Trump, World, World's biggest
Washington Post (July 4)
“Japan’s Nikkei 225 stock index closed Thursday at a fresh record high of 40,913.65, pushing past its most recent record close set in March on heavy buying of automaker and technology shares…. Both foreign and domestic investors have piled into the Japanese market in recent months even as the economy has slowed.” The weak yen is “part of the attraction…. But changes to investment regulations have also lured many Japanese investors into the equity market.”
Tags: Automaker, Domestic, Economy, Foreign, Heavy buying, Investors, Japan, Market, Nikkei 225, Record high, Shares, Technology, Weak yen