Investing.com (April 4)
Goldman Sachs thinks “China appears better placed than most major economies to withstand the ongoing oil shock triggered by Middle East tensions, with structural advantages in its energy mix, supply diversification and strategic reserves helping cushion the impact.”
Tags: China, Economies, Energy mix, Goldman Sachs, Middle East tensions, Oil shock, Strategic reserves, Structural advantages, Supply diversification, Withstand
New York Times (July 23)
“G.M. was the second automaker this week to show the toll that the Trump administration’s trade policies are taking on the industry. Stellantis, the maker of Chrysler, Jeep and Ram vehicles, said on Monday that it lost 2.3 billion euros ($2.7 billion) in the first half of the year partly because of tariffs and other Republican policies.” Automakers employ roughly “one million manufacturing workers. Eroding profits will make it harder for them to invest in new technologies to withstand growing competition from Chinese automakers that have been expanding abroad.”
Tags: $2.7 billion, Automakers, China, Chrysler, Competition, G.M., Industry, Invest, Jeep, Manufacturing, Profits, Stellantis, Tariffs, Technologies, Trade policies, Trump, Withstand, Workers
New York Times (March 18)
Financial markets took the Fed’s higher rates in stride. “The stock market rose, bond yields wavered and commodity prices moderated. But whether the economy can withstand rising rates during a period of geopolitical turmoil and a lingering pandemic is a question without an immediate answer.”
Tags: Bond yields, Commodity prices, Economy, Fed, Financial markets, Geopolitical turmoil, Pandemic, Rising rates, Stock market, Withstand
