Financial Times (November 15)
“The longest ever US government shutdown has created an unprecedented blind spot over the health of the world’s biggest economy as critical data reports are set to be delayed or ditched.” The Bureau of Labor Statistics, Bureau of Economic Analysis and other agencies “were largely unable to collect and publish data during the 43-day shutdown, creating a gap in statistical series that will obscure the economic picture for investors and policymakers.”
Tags: Agencies, Blind spot, BLS, Collect, Data, Delayed, Economy, Gap, Government, Investors, Longest, Obscure, Publish, Reports, Shutdown, Statistical series, U.S.
Barron’s (November 10)
“The longest government shutdown on record may be nearing its conclusion, and U.S. stocks are likely to claw back a big chunk of last week’s decline.” But end of the shutdown is “a band-aid, not a cure” for markets. “The long, and likely volatile path to reopening the federal government…will only mask the major issues investors are grappling with heading into the final weeks of the trading year, and the stock market could break in either direction once some of those questions are addressed.”
Tags: Band-aid, Cure, Decline, Government, Investors, Longest, Record, Shutdown, Stock market, Stocks, Trading, U.S., Volatile
MarketWatch (November 3)
“History is about to be made in Washington. No one is celebrating.” The government shutdown will become the nation’s longest on Tuesday night when it will “eclipse the shutdown that stretched from December 2018 to January 2019.” It remains “unclear when the shutdown will end. In the meantime, the damage is piling up.”
Tags: Celebrating, Damage, Eclipse, End, Government shutdown, History, Longest, Tuesday, U.S., Unclear
BBC (November 3)
“The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years,” indicating that “the UK would face a ‘very challenging’ two-year slump with unemployment nearly doubling by 2025.” The BoE’s forecast paints “a picture of a painful economic period, with the UK performing worse than the US and the Eurozone.”
Tags: 2025, BOE, Challenging, Doubling, Forecast, Interest rates, Longest, Painful, Recession, Records, Slump, U.S., UK, Unemployment, Warned, Worse
Bloomberg (October 12)
“In a fresh sign of Japan’s dysfunctional bond market, the 10-year benchmark failed to trade for a third consecutive session Tuesday, the longest such streak since 1999.”
Tags: 10-year, Benchmark, Consecutive, Dysfunctional bond, Failed, Fresh, Japan, Longest, Market, Sign, Streak, Trade
Time (October 16)
“Fresh insight into the physical and emotional toll of ultra-long haul travel should emerge this weekend when Qantas Airways Ltd. flies direct from New York to Sydney. No airline has ever completed that route without stopping. At nearly 20 hours, it’s set to be the world’s longest flight, leaving the U.S. on Friday and landing in Australia during its Sunday morning.”
Tags: Airline, Australia, Emotional, Flight, Insight, Longest, New York, Physical, Qantas, Route, Sydney, Travel, U.S., Ultra-long haul
