MSN (December 20)
“The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty.” After 10 days of losses, the DJSI “essentially ended Thursday flat” and the Federal Reserve “has become cautious about further interest rate cuts planned for next year” amid persistent inflation.
Tags: Cautious, DJSI, Economy, Fed, Flat, Interest rate cuts, Losses, Persistent inflation, President-elect, Rockier, Smooth, Trump, Uncertainty
Reuters (March 1)
“Strong investor inflows into bond markets this year mean traders and bankers are confident the European Central Bank will have a smooth start to unwinding its huge bond holdings, but the long term impact of its ‘quantitative tightening’ is a big unknown.”
Tags: Bankers, Bond markets, Confident, ECB, Holdings, Impact, Inflows, Investor, Long term, Quantitative tightening, Smooth, Strong, Traders, Unknown, Unwinding
Economist (March 17)
“Late this year, the world’s two biggest powers will each choose their leaders. The way America does it looks messy and inefficient. China’s bureaucratic method, by contrast, is designed to provide a smooth transition and a continuity of policy.” The Chinese process can be “vicious,” though it’s typically hidden from the public. “The sacking on March 15th of Bo Xilai as party chief of the south-western region of Chongqing provided a rare glimpse…. Mr Bo had seemed destined for the zenith of power in China…. His downfall represents the biggest public rift in China’s leadership for two decades.”“Late this year, the world’s two biggest powers will each choose their leaders. The way America does it looks messy and inefficient. China’s bureaucratic method, by contrast, is designed to provide a smooth transition and a continuity of policy.” The Chinese process can be “vicious,” though it’s typically hidden from the public. “The sacking on March 15th of Bo Xilai as party chief of the south-western region of Chongqing provided a rare glimpse…. Mr Bo had seemed destined for the zenith of power in China…. His downfall represents the biggest public rift in China’s leadership for two decades.”
Tags: Bo Xilai, China, Leadership, Rift, Selection process, Smooth, U.S.
