Barron’s (August 22)
“The stock market snatched victory from the jaws of defeat this past week, thanks to a surprisingly dovish Jerome Powell.” Last week, fear had taken over. “Artificial-intelligence fever had turned into AI flu, causing Nvidia stock to drop for three consecutive days and the rest of the Mag Seven to stumble. Then, Federal Reserve Chair Jerome Powell’s speech at Jackson Hole suggested he was leaning toward a September interest-rate cut, sending stocks roaring back.” A strong earnings report from Nvidia could provide the catalyst to fully bring “those sputtering animal spirits should roar back to life.”
Tags: AI flu, Defeat, Dovish, Earnings report, Fear, Fed, Interest-rate cut, Jackson Hole, Mag Seven, Nvidia, Powell, Stock market, Stumble, Victory
Financial Times (October 22)
The International Monetary Fund (IMF) has warned that “greater global protectionism will endanger the world’s growth outlook… as a possible Donald Trump victory in next month’s US election raises the prospect of sharp tariff increases.” The IMF’s World Economic Outlook warns that “if higher tariffs hit a ‘sizeable swath’ of world trade by mid-2025, it would wipe 0.8 per cent from economic output next year and 1.3 per cent in 2026.” If, however, widespread tit-for-tat measures ensue, the results could be considerably more destructive.
Tags: 2025, Economic output, Election, Endanger, Global protectionism, Growth outlook, IMF, Tariffs, Tit-for-tat, Trump, U.S., Victory, Warned, World trade
The Week (January 5)
Taiwan’s January 13 presidential election “will have major implications for domestic and global politics.” Current president Tsai Ing-wen is limited to two terms and must step down. Current favorite Vice President Lai Ching-te is likely to continue cozy relations with the U.S., further distancing Taipei and Beijing. His victory might “rankle Xi’s government and increase pressure in the form of military activities around the island.”
Tags: Beijing, Favorite, Implications, January 13, Lai, Military activities, Politics, Presidential election, Pressure, Rankle, Successor, Taiwan, Tsai, U.S., Victory, VP, Xi
Wall Street Journal (October 31)
“Monetary policy officials are hinting to financial markets that the Federal Reserve will stop raising interest rates—even as the Fed signals that it is too early to declare victory over inflation. Wary investors can only speculate, while market analysts are happy to guess the Fed’s next move.”
Tags: Analysts, Federal Reserve, Financial markets, Hinting, Inflation, Interest rates, Investors, Monetary policy, Officials, Signals, Speculate, Victory, Wary
The Economist (April 30)
China cannot keep fighting a “forever war.” The nation’s “martial rhetoric will not help it defeat covid. And “victory, as Xi Jinping defines it” in terms of defeating or containing covid will only prove “an elusive goal…. Most countries have accepted that covid cannot be eradicated.” China, too, must learn “to live with the virus.”
Tags: China, Containing, Covid, Defeat, Elusive, Eradicated, Forever war, Live with, Martial rhetoric, Victory, Virus, Xi
San Francisco Chronicle (September 16)
Governor Newsom’s “overwhelming victory in Tuesday’s recall election was, on most levels, cause for celebration. A loss would have been a disaster for the state at a time it could least afford it.” As Trump’s grip loosens, the ex-President remains “a pustule on the face of the nation,” but is no longer “even the biggest pockmark in his home state of Florida.” This recall sham was “perpetrated by a party that would rather play dirty tricks than adjust its policies to the 21st century. And voters knew it.”
Tags: Celebration, Dirty tricks, Disaster, Election, Grip, Loosens, Newsom, Overwhelming, Pockmark, Pustule, Recall, Sham, Trump, Victory, Voters
Time (February 28)
“Trump landed in Hanoi early this week eager for a victory as drama was unfolding in Washington.” Instead, he left “empty-handed,” with nothing to show from the second summit with Kim Jong Un.
Tags: Drama, Eager, Empty-handed, Hanoi, Kim, Summit, Trump, Unfolding, Victory, Washington
The Economist (March 31)
“Just six words suffice to sum up President Donald Trump’s approach to trade …make threats, strike deals, declare victory.” But this will not create a victory. “Even if conflict is averted and China gives ground… the result will be a bad one for the world, and for America. That is partly because of Mr Trump’s character. If he thinks he has won one fight, he is likelier to start another. It is also because his policy is founded on wretched economics and dangerous politics.”
Tags: China, Conflict, Dangerous, Deals, Economics, Politics, Threats, Trade, Trump, Victory, Wretched
Wall Street Journal (October 22)
“Japanese Prime Minister Shinzo Abe won his third consecutive landslide victory on Sunday. That doesn’t mean voters are enamored of the man who is on track to become Japan’s longest-serving leader. Local commentators attribute his victory to TINA, short for ‘there is no alternative,’ and they have a point.”
Tags: Abe, Alternative, Japan, Landslide, Prime minister, TINA, Victory, Voters
Wall Street Journal (July 20)
“President Trump campaigned on tearing up Nafta, but maybe he’s learning on the job. The White House this week rolled out its objectives for renegotiating the North American Free Trade Agreement that could allow him to claim victory without doing too much protectionist damage.”
Tags: Campaign, Free trade, Nafta, Protectionist damage, Renegotiating, Trump, Victory
