Wall Street Journal (November 4)
Tags: AI build-out, Blue wave, Economic agenda, Economy, Excesses, Investors, Markets, Middle East, New era, Resounding, Stock indexes, Surged, Trump, U.S., Unrestrained, Voters, War
The Economist (October 31 Edition)
Tags: 2025, 4%, Attacks, Canada, Economy, GDP, Gibes, Growth, Limping moose, Outrage, Problems, Separatist movements, Threat, Trump, U.S., Underperforming
Politico (October 25)
Tags: Confidence, Crises, Debt crisis, Dragged, Economy, EU, Europe, Fiscal, France, Malaise, Powerful, Sickest, Social, Spoiled, Vicious cycle
BBC (October 13)
We’ve learned three things about the UK’s economy from the semiannual IMF forecast. “1. The UK is weathering the Iran war better than expected…. 2. The UK is doing better than other major economies…. 3. But things could get worse.” Also of note, by 2031, the UK “is projected to have the lowest annual borrowing of the G7 group of countries, which includes Canada, France, Germany, Italy, Japan and the US.”
Tags: 2031, Borrowing, Canada, Economy, France, G7, Germany, Iran war, Italy, Japan, Lowest, Major economies, MF forecast, UK, Worse
Newsweek (October 12)
U.S. baby boomers (born between 1946 and 1964) account for approximately “52 percent of total U.S. household net worth.” They “own roughly 41 percent of all U.S. real estate assets,” which translates to “nearly $19 trillion worth of property.” As they age, boomers are “poised to reshape large parts of the U.S. economy in the coming years as their enormous wealth and changing needs redirect spending toward health care, housing, financial services and premium experiences.”
Tags: $19 trillion, $52, 1946, 1964, 41%, Assets, Baby boomers, Economy, Financial services, Health care, Household net worth, Housing, Real estate, Reshape, Spending, U.S., Wealth
USA Today (October 3)
“Six years after the COVID-19 pandemic, Americans still feel gloomy and no once-a-month economic report seems to make them happy.” While the economy and jobs market have both surpassed pre-pandemic levels, consumer sentiment still lingers. “Sentiment has ebbed and flowed in the last six years, but has never climbed back to pre-pandemic levels.”
Tags: Americans, Consumer sentiment, COVID-19, Economic report, Economy, Gloomy, Happy, Jobs market, Lingers, Pandemic, Six years, Surpassed
The Times (September 30)
“Britain appears happier to offshore our pollution rather than risk it at home.” This facile approach ignores the cost. “The most direct cost is felt by workers with skills our economy needs. But their communities, the country and the environment also suffer a cost when we chase away unsightly industries.” Ultimately, “It is better for the world’s land, air and water if a country like Britain is invested in monitoring and containing pollution, treating the problems it creates and inventing new products to replace the most damaging ones.”
Tags: Air, Communities, Containing, Cost, Economy, Environment, Facile, Inventing, Land, Monitoring, Offshore, Pollution, Risk, Skills, UK, Unsightly industries, Water, Workers
Barron’s (September 14)
“AI stocks aren’t alone when it comes to being sensitive to interest rates; equities in general tend to be reactive” and they also averse to the “potential chilling effect on demand” of higher rates. Though expectations are that “the Fed will raise rates when the FOMC announces its monetary policy decision,” the resilience of the economy this year provides “a hopeful thought for anyone dreading a rate hike.”
Tags: AI, Averse, Chilling effect, Demand, Dreading, Economy, Equities, Expectations, Fed, FOMC, Hike, Interest rates, Monetary policy, Reactive, Resilience, Sensitive, Stocks
San Francisco Chronicle (August 22)
“This week rising bond yields forced the U.S. Treasury Department into an unusual intervention and raised the specter of higher borrowing costs putting the brakes on consumer spending, the lifeblood of the economy. It also sparked concerns that investors might finally be thinking twice about financing a seemingly endless flow of government borrowing.” The Treasury intervention could fail since it doesn’t address “the deeper forces pushing yields higher: federal debt above $40 trillion, persistent deficits, inflation concerns and heavy borrowing tied to the AI investment boom.”
Tags: $40 trillion, AI investment, Bond yields, Boom, Borrowing costs, Concerns, Consumer spending, Deficits, Economy, Financing, Government, Inflation, Intervention, Investors, Rising, Treasury, U.S., Yields Federal debt
CNN (August 14)
“Nuclear power plants idled. Crops harvested at 3 a.m. Iconic tourist attractions shuttered early. Soaring temperatures are forcing drastic measures in Europe, where successive heatwaves are straining an economy already under pressure from US tariffs, Chinese competition and higher energy prices because of the Iran war.”
Tags: Chinese competition, Crops, Economy, Energy, Europe, Heatwaves, Idled, Nuclear, Plants, Shuttered, Straining, Temperatures, Tourist attractions, U.S. tariffs