Wall Street Journal (September 11)
“For every American employed making steel or aluminum in 2018, 36 were employed by firms that used steel or aluminum as inputs. By raising the prices of these metals, Mr. Trump’s tariffs destroyed far more manufacturing jobs than they created. Overall manufacturing employment fell in each of the four quarters of 2019…. Under Mr. Trump’s protectionist policy, total manufacturing output was 2% lower by the start of the pandemic than it was when he raised tariffs.”
Tags: 2018, Aluminum, Destroyed, Employment, Fell, Inputs, Jobs, Manufacturing, Metals, Output, Pandemic, Prices, Protectionist policy, Steel, Tariffs, Trump
Wall Street Journal (November 10)
“If Donald Trump announces he’s running for president again, the 2024 election is over.” He is “the Republican Party’s biggest loser” having “flopped in 2018, 2020, 2021 and 2022.” Donald Trump “has led Republicans into one political fiasco after another.” Perhaps now that “Mr. Trump has botched the 2022 elections,” Republicans will finally be “sick and tired of losing.”
Tags: 2018, 2020, 2021, 2022, 2024, Biggest loser, Botched, Election, Elections, Fiasco, Flopped, Losing, Republicans, Sick and tired, Trump
Investment Week (May 9)
“BP’s latest plan to buy back $2.5bn of stock this quarter has pushed forecasts for FTSE 100 firm buybacks to be on track for a record high in 2022. FTSE 100 firms are now planning £37bn of share buybacks this year, compared to the prior record of £34.9bn in 2018.”
Institutional Investor (April 7)
“Companies that have gone public by merging with a special purpose acquisition company have underperformed the S&P 500 by eighty percentage points since 2018.” Indeed, “at no time during the recent SPAC boom—except for a few days in early 2021—did these new listings beat the S&P.”
Chicago Tribune (January 30)
“This is at least the third polar vortex intrusion Chicago has endured in the past five years, as the cold air mass engulfed the area in January 2014 and February 2015. As temperatures in the Arctic continue to rise, polar vortex intrusions could become more common in the Midwest and the Northeast.”
Tags: 2014, 2015, 2018, Arctic, Chicago, Cold, Endure, Midwest, Northeast, Polar vortex, Temperatures
Inc. (June Issue)
It’s 2018, “unemployment is at a 17-year low, and every company is competing over the same hot employees.”
Tags: 2018, Competing, Employees, Low, Unemployment
Wall Street Journal (January 9)
“The S&P 500 inched higher Monday, extending this year’s run of records. Stocks have begun 2018 on an upbeat note, buoyed by investors’ optimism over the global economy and bets that central banks are unlikely to pressure markets by raising interest rates faster than expected.”
Tags: 2018, Central banks, Economy, Interest rates, Investors, Optimism, Records, S&P 500, Stocks, Upbeat
Business Insider (January 4)
“Of all the risks facing financial markets in 2018, none is perceived to be greater than a hard Brexit from the European Union. That’s the overwhelming view of HSBC’s client base with a whopping 76% nominating this as the greatest risk facing financial markets this year.”
Tags: 2018, EU, Hard Brexit, Risks. Financial markets, UK
Barrons (December 30)
“Largely absent during the economy’s eight-year recovery from the financial crisis, inflation is on track to pick up in 2018—and it might just catch investors off-guard.” Even a return to modest inflation, e.g. 2.5%, would be a jolt that “could reshuffle the market.”
New York Times (January 15, 2014)
After three years without a case, India “can now be declared polio-free.” This “victory is an important milestone in the global effort to eliminate polio,” but much remains to be done to achieve the U.N. Millennium Development Goal of eradicating the disease by 2015, which would mean the world could be declared polio–free in 2018. Unfortunately, 2012 brought backtracking. There were 350 new cases of polio, up from 213 in 2012, and these occurred in 8 countries, up from 4.
Tags: 2012, 2015, 2018, Disease, India, Milestone, Millennium Development Goal, Polio, Polio-free, U.N., Victory