World Economy on Track for Slight Pickup as Inflation Is Tamed – WSJ
Falling interest rates and recovering real wages will help drive a slight pickup in global economic growth this year and next, while recent falls in...
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UK economy to grow faster than Japan, Italy and Germany this year, says OECD – The Guardian
The global economy is “turning a corner”, according to the Organisation for Economic Cooperation and Development, which has upgraded the UK’s growth forecast for this...
The Great Catch-Up Trade May Already Have Begun – Bloomberg
Let’s say you stuck £10,000 into an exchange-traded fund (ETF) tracking the MSCI ACWI index. This is an index that is made up of more...
Who Holds all these US Treasury Securities? Update on the Investors in the Ballooning US National Debt in Q2 – WolfStreet
The US national debt has ballooned so fast to $35.3 trillion – by $12.0 trillion since January 2020 – that it’s mindboggling, especially in a...
Sweden’s Central Bank Cuts Key Rate and Sees Two More Cuts This Year – WSJ
Sweden’s central bank cut its key interest rate for the third time this year and said borrowing costs will likely be lowered again soon as...
Gold’s hitting new records again. Here’s what it means for the economy – CNN
The 2024 monster gold rally is picking up steam. The most actively traded gold futures contract has hit repeated highs this year, most recently notching...
Fed Officials Leave Door Open to Another Large Interest-Rate Cut – Bloomberg
A handful of Federal Reserve officials on Monday left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on...
The world’s poorest countries have experienced a brutal decade – The Economist
There are now a billion fewer people subsisting on less than $2.15 a day than in 2000. Each year since the turn of the millennium,...
German Recession Angst Mounts as Companies Grow More Pessimistic – WSJ
German companies are feeling ever less confident, adding to concerns that a moribund manufacturing sector could pull Europe’s most important economy back into recession. The...
Americans are fretting over the job market – CNN
America’s slowing job market is taking a toll on people’s moods. The Conference Board’s latest consumer survey showed that Americans became much more pessimistic about...