Category: Markets and Macro

Baby boomers now sit atop a mountain of assets that would have been hard to imagine when they were first entering the workforce, while younger Americans struggle to secure a foothold in housing, investing, and retirement saving. The result is a generational wealth map in which people in their 60s, 70s, and even 80s command…

The United States is now operating with its steepest trade barriers since the 1930s, and the economic fallout is starting to look uncomfortably familiar. Economists warn that the current tariff regime could ultimately wipe out hundreds of thousands of jobs, even as it is sold as a strategy to protect American workers and revive factory…

Elon Musk has turned Zohran Mamdani’s sweeping affordability agenda into a national flashpoint, warning that the New York mayor-elect’s plans would crush living standards and saddle the United States with a “low” universal income that fails to keep up with costs. At the same time, Musk is one of the most prominent voices predicting that…

JPMorgan’s decision to lift its price target on GE Vernova to four digits signals how dramatically sentiment has shifted around this once-overlooked industrial carve-out. The call crystallizes a broader view on Wall Street that the company’s mix of grid, gas power, and renewables is turning into a high‑growth, high‑margin platform rather than a cyclical utility…

Investors are bracing for another interest rate cut this week, but the more important story is what comes next: a likely pause that could reshape borrowing costs well into 2026. Central banks from Washington to Sydney are signaling that the easy part of the easing cycle is over, and the next moves will be slower,…

China has just crossed a threshold no other major economy has reached, turning a year of global uncertainty into a historic windfall. Its trade surplus has surged past one trillion dollars even as growth slows at home, prices wobble between deflation and mild inflation, and trading partners try to shield their own industries. The result…

Texas has turned a long-running flirtation with digital assets into hard policy, launching a state-level cryptocurrency reserve with an opening purchase of 5 million dollars in Bitcoin. The move instantly makes the state the most aggressive public-sector adopter of Bitcoin in the United States and signals that crypto is shifting from campaign talking point to…

BlackRock is sharpening its focus on the companies that build and power artificial intelligence rather than the headline-grabbing platforms that sit on top. The firm is arguing that the clearest long term winners from the AI boom will be the “pick and shovel” providers of chips, networks, data centers and power, as global capital spending…

China’s auto market lost further momentum in November, with passenger vehicle sales posting their steepest slide in 10 months and extending a downturn that is starting to look structural rather than seasonal. The pullback reflects weaker consumer confidence at home even as manufacturers lean harder on exports and electric models to keep factories running. For…

Americans are living with an economy that feels like a contradiction: solid job numbers on paper, yet grocery runs, rent checks, and car payments that keep stretching household budgets. As frustration over prices hardens into political judgment, one economist has argued that the roots of today’s discontent trace back to what he calls President Donald…