• rose98734 (63)in #economy • yesterday

  Supply shock incoming for the United States

  In an interview with Yahoo media on April 15th, Treasury Secretary Scott Bessent said , "No one thinks steep China tariffs are sustainable over the long run". He was…

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• rose98734 (63)in #economy • 11 days ago

  Watch the bond markets! Bond yields will be a clue whether the crisis will get worse or not

  One of the theories some pundits put forward for the huge tariffs, is that the Trump administration was trying to push bond yields lower. The reasoning went as follows: Scare…

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• rose98734 (63)in #economy • 15 days ago

  Trump's new tariffs close loopholes used by China's proxies

  So Trump announced new tariffs today, which are applicable to pretty much every country in the world. The minimum baseline tariff is 10%, but a lot of countries were hit with…

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• rose98734 (63)in #economy • 18 days ago

  Money flows out of American stocks into other markets

  For the last sixteen years, the US stock market has outperformed the rest of the world. This was helped by steady governance which resulted in a strong economy, while the…

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• rose98734 (63)in #economy • 20 days ago

  First evidence that Canadians are cancelling flights to the US

  When Canadians started talking in February about how they were going to boycott flights to the US, some people, including economists, scoffed. After all people often say things…

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• rose98734 (63)in #economy • 26 days ago

  Do tariffs cause inflation or deflation?

  Tariffs are paid by the importer. So when Trump put tariffs of 25% on imports from Mexico and Canada, that results in the American business that is importing produce from Mexico…

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• rose98734 (63)in #economy • 27 days ago

  Europe's debt yields rise across the board

  This is despite the European Central Bank cutting rates at the start of March for the sixth time in nine months to 2.5%. So why are European government bond yields…

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• rose98734 (63)in #economy • last month

  What impact will the Canadian boycott have?

  Canada started boycotting American goods in a low-key manner in February as Donald Trump started threatening to invade and annexe them. This metastasized to a full national…

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• rose98734 (63)in #economy • last month

  Is the stock market crash fortelling a recession?

  Both the Nasdaq and the S&P500 are now in correction territory, as they're down by at least 10% from their highs. The questions are "How long will the bear market last?" and "Is…

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• rose98734 (63)in #economy • last month

  Why are German bund yields spiking?

  German 10-year Bond yields have spiked to 2.912%. That seems low to most countries, but for Germany these are the highest yields since 2023 when inflation was raging. Here is the…

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• rose98734 (63)in #economy • 2 months ago

  Defence stocks in Europe soar

  The global defense industry is churning right now. Following the security conference in Munich, where the USA hinted it would cease providing security help for Europe, many…

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• rose98734 (63)in #economy • 2 months ago

  How easy is it to bring manufacturing back to the US?

  This is obviously Trump's big dream. Yet the tariffs which he applied to China and other countries in his first term (which were kept in place and increased by Biden), didn't…

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• rose98734 (63)in #economy • 2 months ago

  Now Trump wants to impose tariffs on countries that have VAT

  First of all, what is VAT? Here is a good explanation A value-added tax (VAT) is not a tariff, it is a consumption tax assessed on the value added in each production…

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• rose98734 (63)in #economy • 2 months ago

  How should Canada respond to Trump's threats?

  The proposed tariffs have been suspended for one month - but that's no good as any business ordering for delivery after March 1st doesn't know what they're paying. And that's the…

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• rose98734 (63)in #economy • 3 months ago

  Argentina got a credit upgrade from Moodys

  President Milei has now been running Argentina since 10th December 2023, and his policy of cutting back state expenditure is starting to bear fruit. He argued that loose fiscal…

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• rose98734 (63)in #economy • 3 months ago

  China's trade surplus continues to soar

  Here is the chart: source The main culprit is sluggish domestic demand in China. Chinese consumers have slammed their wallets shut, and are instead focused on repaying…

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• rose98734 (63)in #economy • 3 months ago

  The 30-year mortgage rate in the US rose for the fourth year in a row

  It ended 2024 at 6.9%. The last time mortgage rates rose for four consecutive years was in 1978 to 1981, when Paul Volcker was Chairman of the Federal Reserve and was engaged in…

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• rose98734 (63)in #economy • 3 months ago

  The S&P has had gains in excess of 20% for three consecutive years

  The S&P 500 finished 2024 up 25%. It was the third consecutive year the S&P 500 grew by more than 20%. Here is the table showing growth rates since 1928: source Given…

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• rose98734 (63)in #economy • 4 months ago

  The German economy has become more dependent on the USA

  Twenty-five years ago, most German exports went to France and Britain, with the balance going to other members of the EU. After the Great Financial Crash of 2008 and the Eurozone…

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• rose98734 (63)in #economy • 4 months ago

  Is the world heading towards recession?

  We've seen some shock moves by central banks in the last week. First, the Swiss National Bank cut interest rates by an unexpectedly large 50 basis points to 0.5% (one of the…

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