The Chinese economy is not trouble-free, and it would be self-deceiving to say there are no clouds on the horizon. But Chinese policy makers are vigilant and prepared. Authorities have moved resolutely to contain leverage, one of the most alarming uncertainties for the economy. China's leverag...
If This Is Such a Strong Economy, Why Does This Chart Look Recessionary?
Gregory Daco, chief economist with EY, noted that the U.S. economy is growing much faster than other developed economies in Europe and Asia. He points to the job market as a key source of strength in 2024. "The increased value of talent post-pandemic has meant that business managers are ...
US economy riding on 'strong tailwind' of GDP growth: Scott Ladner Horizon Investments chief investment officer Scott Ladner predicts the Fed will cut rates three to five times throughout 2024. An influential group of business economists is feeling more optimistic about the trajectory of the U.S...
Tom Frank’s book: The Wrecking Crew explains how the Bush administration destroyed effective government and damaged our social fabric and our economy. The Obama administration has chosen to reward two of the worst leaders of Bush’s crew – Geithner and
I do think that gold is going through a bear market. A lot of it has to do more with the central bankers and everything they try to do to discredit gold as an asset class, at the same time try to keep interest rates low to keep economic activity going strong. That’s been a muc...
But just because a company is strong in one area doesn’t guarantee a great rating.Teslascores high on E, but its S and G issues bring its overall rating down. And it is scored against other automotive companies, not the private sector writ large. That is why Tesla might not make the...
Yet job growth data for March exceeded expectations, calling into question the need for multiple rate cuts amid a still-strong economy. The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, rose 2.5% for the 12 months ending in February. That’s a tick up ...
When confidence is low, bond prices rise and yields fall as there is more demand for this safe investment. Put simply, falling yields indicate caution in the markets. This confidence factor is also felt outside of the U.S. as it points to the future of the global economy. The geopolitica...
the price will begin to rise, normalizing the initial effect of the devaluation. The second is that as other countries see this effect at work, they will be incentivized to devalue their own currencies in kind in a so-called “race to the bottom.” This can lead totit-for-tat currency ...