Barron’s (April 4)
“The tariff damage can’t be undone.” Many uncertainties still remain regarding the extent of their ultimate impact, how much the world will reorient to exclude the U.S., and the benefit the tariffs will provide China. However, “the scope, speed and magnitude of the Trump administration’s tariff blitz” made one point “crystal clear: The post–World War II global world economic order is no longer.”
Tags: Damage, Economic order, Exclude, Extent, Global, Impact, Magnitude, Post–World War II, Reorient, Scope, Speed, Tariff, Trump, U.S., Uncertainties, Undone
New York Times (April 10)
“The scale of the economic damage is breathtaking. In one recent poll, more than half of all Americans under the age of 45 said that they had lost their jobs or suffered a loss of hours.” It is equally harrowing for businesses. Those that survive will “face long-term costs, too: the loss of trained and experienced workers, the uncertainties of hiring new ones.”
Tags: Breathtaking, Businesses, Costs, Economic damage, Experienced workers, Hiring, Jobs, Loss, Scale, Trained, Uncertainties
The Guardian (November 3)
To top off Brexit uncertainties, there’s also the chance that a 25-year old could unseat Boris Johnson in the upcoming election. Labour’s Ali Milani “may not have Johnson’s recognition factor,” but “he is well known” and well-equipped to mobilise the crucial student vote. Johnson only won by 5,034 votes in 2017, “the smallest of any prime minister since 1924.” That means “Milani requires a swing of just over 5%” to win and displace the current Prime Minister.
Tags: Brexit, Election, Johnson, Labour, Milani, Mobilize, Recognition, Student vote, Uncertainties
Independent (August 20)
“The end of the Greek bailout is a reminder, however, that for the EU as a whole enormous tests remain with or without Britain: both as a consequence of the economic uncertainties that continue to plague much of the continent; and as a result of the ongoing need to define the European Union’s status and purpose to the satisfaction of its members, and their own populations.”
Tags: Bailout, EU, Greece, Members, Populations, Purpose, Satisfaction, UK, Uncertainties
Reuters (June 7)
“Despite a torrid start to 2018 and with Brexit uncertainties looming large, British blue-chip stocks have jumped to record highs thanks to a weak pound, a torrent of mergers and acquisitions, and bouts of political anxiety in the euro zone.” This is less the result of long-term optimism and more a re-calibration that UK positions had been marked down excessively.
Tags: Anxiety, Blue-chip, Brexit, Euro zone, M&A, Optimism, Record highs, Stocks, Torrid, UK, Uncertainties, Weak pound
