The U.S. stock market’s downward trend appears to be continuing, with the Dow Jones Industrial Average and the S&P 500 down 4% and 6% respectively since the beginning of the year. And that’s just one of many signs that should prompt any sensible business leader, investor or policymaker to start preparing for an economic slowdown …
Category: Economics
The Greek Economy is Moving on Shattered Ground
The Greek economy is starving, unable to breathe, and this is clearly evident from a survey by the Athens Chamber of Commerce and Industry published last week. The ACC is calling on the government to correct the suffocating situation faced by small and medium-sized enterprises due to government policy. They focus on the following: over-taxation, …
FED ignores Trump: Interest rates unchanged at 4.25% to 4.50%
The Federal Reserve (Fed) kept its policy interest rates unchanged in the range of 4.25% to 4.50%, ignoring calls from US President Donald Trump for monetary policy easing. Notably, the majority of FED officials (9 officials) participating in the FOMC committee predict that the average of the base rate range will be 3.875 at the …
Trump rescues the Dollar with the help of… Putin
The three-year proxy war between NATO and Russia in Ukraine has contributed to the perception that the international community has been divided into two camps: the West and the Global Majority, with the outcome of this conflict determining which of the two sides will shape the global transition. This narrative has led many observers to …
First, America… will lose from the imposition of tariffs
What Trump voters who believe the President is putting “America First” on their behalf seem to fail to understand is that his policies will be so costly that they will create enormous problems for both their country’s economy and their own households. The imposition of tariffs on imported goods is theoretically intended to boost the …
Clouds over the Eurozone labour market – Due to US tariffs
The Eurozone labor market is in a period of slowdown, as it is affected by a number of economic and geopolitical factors. New tariffs from the US, low corporate profitability and uncertainty over monetary policy create a challenging environment in which employment growth is slowing. However, despite the pressures, the market remains resilient, as companies …
Trump administration cuts borrowing costs in two ways: Musk’s DOGE in spending and cheaper energy
By sidelining the Federal Reserve in order to lower borrowing costs for Americans, the Donald Trump administration says it will reduce government spending and increase energy supplies. The payoff will be twofold: it will ease inflationary pressures and strengthen the economy’s fiscal position. While President Trump continues to urge the Fed to lower short-term interest …
War Games with Currencies and Tariffs
We are already living in a new monetary order whose characteristics have yet to be clarified. Jim Rickards’s 2011 best-selling book, Currency Wars, was prescient in its conclusions. He painted a bleak picture of the modern monetary system and the enormous risks posed by the financialization of the economy, warning bluntly that “a new crisis …
Will Trump’s tariffs solve the real problems of the American economy?
With Donald Trump insisting that tariffs are the royal road to regaining the American economy’s dynamism, the debate is returning about whether a version of protectionism can be the way to address the existing problems of economic stagnation in several developed economies. The argument is familiar: an economy like the American one has a consumer …
Trump sets limits on Powell and the crucial battle with inflation
“Relief in Prices for American Families and Combating the Cost of Living Crisis” is the title of one of several executive orders issued by President Donald Trump in his first week back in the Oval Office. This executive order directs federal agencies to “provide extraordinary price relief” to the American people by reducing federal regulations …