BUSINESS
Trump's market honeymoon won't last much longer
Stocks grab all the headlines, but bond and currency markets show where trouble might be brewing
BUSINESS
The US economic slowdown is looking more threatening
Worrying signs in the labor market mean the Fed’s July meeting will point to policy easing sooner rather than later
BUSINESS
US consumers are making economic doomers look silly
Americans are still spending enthusiastically, but their focus is on experiences rather than goods
BUSINESS
Here’s what Joe Biden didn't say about the US economy
Biden's optimistic outlook masks an uneven labour market, elevated inflation and continuing income inequality. Fortunately for the US president, November 2024 is still a long way off, leaving him plenty of time to correct some of these deficiencies in the labour market and improve consumer sentiment
WORLD
US consumers have some $500 billion of excess savings to spend
One constant in an economy that has continuously surprised in the last three years is that betting against American consumers has been a losing proposition. Perhaps, there's more surprisingly strong economic data to come.
BUSINESS
The Fed has a Greenspan conundrum on its hands
Markets are cheering a job well done. Policymakers risk a recession by misreading the easing in financial conditions
BUSINESS
Powell Hampers the Federal Reserve With an Unforced Error
The central bank chair had no reason to take a future 75-basis-point interest rate increase off the table.
