Explore the current state of the US economy as it heads into 2025 and how the policies of the incoming administration could influence its trajectory.
The supply gap created by excess credit injected into the economy as the consequence of a budget deficit can only be covered by higher unit prices and increased imports. Assuming a lag in the increase of production costs, domestic businesses can respond by increasing their output capacity, investi...
We spent a lot last year . . . so now we’re buying actual necessities and looking for good deals. We want to be intentional with our money and ensure that our money goes as far as it can possibly go. We need to be able to afford to live in the current economy, which doesn’t...
Trump's tariffs are a kick to a Chinese economy that's already down. Olivier KnoxMarch 11, 2025 Why ‘Drill, Baby, Drill’ Will Destroy Us As Trump and his allies in Congress gut programs to slow climate change, states and citizens must fight them in the courts. ...
Biden's speech followed the second 2024 Republican presidential debate held on Wednesday in California, which often devolved into cacophony, petty fights and bizarre comments by the seven candidates. Trump, who again skipped the debate, was labeled "missing in action" by Florida Governor Ron...
This is interesting in that it contrasts with the underlying robust state of theUS economy, which was growing at a solid 2.7% year over year (y/y) pace in Q3 2024 while the unemployment rate remains at a historically low 4.1% as of October. Meanwhile, Consumer Price Index (CPI...
We discuss the 2024 US election's impact on China trade, diplomacy, and business ties in the event of a Trump or Harris win.
Our focus is on changes that could come under a second Trump administration, the election outcome with the clearest differences from the status quo. We provide an initial assessment of the potential impact of another round of trade restrictions, with particular focus on growth, the labor market,...
Those lessons will likely be as important in 2024, but the world is changing. Further significant price increases might not be possible in an uncertain economy where retailers are pushing back, and consumers are unwilling to pay more and often trade down. In our 2023 Outlook, eight in 10 exe...
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