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The truth behind inflation, housing, and global power moves — a deep dive into how Trump is reshaping America's economy and defending its interests:
Geologically and meteorologically, Asia is vulnerable when it comes to the fallout from climate change. Crystal Geng, Asia ESG Research Lead, talks to Chief Market Strategist Daniel Morris about the factors driving Asia's push for decarbonisation, nature conservation, and greater equality.For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/Download the Viewpoint app: https://onelink.to/tpxq34Follow us on LinkedIn: https://bnpp.lk/amHosted on Ausha. See ausha.co/privacy-policy for more information.
Erik Weir, author of Who's Eating Your Pie?: Essential Financial Advice that Will Transform Your Life, joins The Steve Gruber Show for a timely discussion about America's economic outlook heading into the holidays. With some analysts, like Bessent, projecting roughly 3% GDP growth by year's end, Erik breaks down what those numbers could mean for everyday Americans, from holiday spending to long-term financial stability.
Asian stocks traded within tight ranges early Wednesday, mirroring similar moves on Wall Street amid a lack of fresh catalysts, while a rebound in cryptocurrencies lost steam. In South Korea, Today's outperformer is the South Korean equity market. Today, the Bank of Korea reported a revised GDP growth of 1.3% quarter on quarter. It's the fastest pace of growth in nearly four years. We heard from Frederic Neumann, HSBC Chief Asia Economist and Co-Head of Global Research. He spoke to Bloomberg's Paul Allen and Avril Hong on the Asia Trade. In the States - There was a cautious rebound in the US equity market. A portion of today's risk-taking was tied to a rebound in crypto currencies. We spoke to Chris Zaccarelli, Chief Investment Officer at Northlight Asset Management.See omnystudio.com/listener for privacy information.
Guest: Matthew Parks | COSATU’s Parliamentary Coordinator Africa Melane speaks to COSATU’s Matthew Parks about South Africa’s fourth straight quarter of GDP growth, the sectors driving the 0.5 percent rise, and whether these gains can translate into meaningful improvement for workers. Early Breakfast with Africa Melane is 702’s and CapeTalk’s early morning talk show. Experienced broadcaster Africa Melane brings you the early morning news, sports, business, and interviews politicians and analysts to help make sense of the world. He also enjoys chatting to guests in the lifestyle sphere and the Arts. All the interviews are podcasted for you to catch-up and listen. Thank you for listening to this podcast from Early Breakfast with Africa Melane For more about the show click https://buff.ly/XHry7eQ and find all the catch-up podcasts here https://buff.ly/XJ10LBU Listen live on weekdays between 04:00 and 06:00 (SA Time) to the Early Breakfast with Africa Melane broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3N Subscribe to the 702 and CapeTalk daily and weekly newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702702 on TikTok: https://www.tiktok.com/@talkradio702702 on Instagram: https://www.instagram.com/talkradio702/702 on X: https://x.com/Radio702702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalkCapeTalk on TikTok: https://www.tiktok.com/@capetalkCapeTalk on Instagram: https://www.instagram.com/CapeTalk on X: https://x.com/CapeTalkCapeTalk on YouTube: https://www.youtube.com/@CapeTalk567See omnystudio.com/listener for privacy information.
PREVIEW — Elizabeth Peek — The Economic Conundrum: Strong Spending, Low Confidence. Peek analyzes the apparent economic contradiction wherein strong GDP growth and robust retail spending metrics coexist with persistently low consumer confidence and widespread economic pessimism. Peek attributes this paradoxical dynamic to acute affordability crises affecting substantial population cohorts and a deteriorating labor market characterized by declining hiring, wage stagnation relative to inflation, and employment insecurity. Peek characterizes this bifurcated economic experience as a "K-shaped economy," wherein stock market gains and asset appreciation benefit relatively privileged populations, while widespread financial anxiety, housing unaffordability, and discretionary spending constraints generate diffuse economic distress among middle and working-class populations. 1890 HARLEM HEIGHTS
Guest: John Herrmann, Tech correspondent, New York Magazine
Today's Post - https://bahnsen.co/4oSvRlk Broad Economic Overview: Key Insights on Jobs, Housing, and Consumer Spending In this edition of the Friday Dividend Cafe, David Bahnsen delves into a comprehensive analysis of macroeconomic factors, exploring the current state of the job market, housing sector, and consumer spending. David emphasizes the importance of objective and apolitical economic analysis by discussing the recent trends in job creation, a softening housing market, and consumer spending patterns. The episode also critiques the use of consumer confidence as an economic indicator and underscores the importance of production in driving economic growth. Several data points and charts are presented, providing a nuanced view of an economy that is not strongly growing but also not on the brink of collapse. 00:00 Introduction and Overview 00:20 The AI Bubble and Investment Markets 01:22 Macroeconomic Commentary 04:49 Jobs Market Analysis 12:21 Housing Market Insights 18:26 Consumer Spending and Sentiment 21:56 GDP Growth and Economic Outlook 25:03 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Dr. Andrew Ng is a globally recognized leader in AI. He is Founder of DeepLearning.AI, Executive Chairman of LandingAI, General Partner at AI Fund, Chairman and Co-Founder of Coursera. As a pioneer in machine learning Andrew has authored or co-authored over 200 research papers in machine learning, robotics and related fields. In 2023, he was named to the Time100 AI list of the most influential AI persons in the world. Agenda: 03:19 What are the Biggest Bottlenecks in AI Today? 08:51 How LLMs Can Be Used as a Geopolitical Weapon 15:48 Should AI Talent Really Be Paid Billions? 29:07 Why is the Application Layer the Most Exciting Layer? 36:22 Do Margins Matter in a World of AI? 38:02 Is Defensibility Dead in a World of AI? 45:29 Will AI Deliver Masa Son's Predictions of 5% GDP Growth? 49:39 Are We in an AI Bubble? 57:31 Will Human Labour Budgets Shift to AI Spend?
BUSINESS: Philippine Q3 GDP growth likely hit by muted spending, analysts say | Nov. 3, 2025Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein#TheManilaTimes#KeepUpWithTheTimes Hosted on Acast. See acast.com/privacy for more information.
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Episode 498 The media narrative is extreme negativity about the state of the economy and yet the stock market and GDP continue to expand. Why? Productivity, Deregulation, and Industrial Policy are good for corporate profits. Sign up for free ALERTs & Market Commentary at: https://www.investablewealth.com/subscribe/ ------------------------------------------------------
Tom Graff notes that the small segment of AI created all the GDP growth of the first half of the year. He says the question for the economy will be if that can continue, or if it will fall off. He says that hiring conditions look like what always happens before a recession – and he's skeptical of any “this time is different” argument. AI needs to start making some money, he emphasizes: “there's not a lot of room for error.”======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
In this explosive Episode 203 of The Alan Sanders Show, dive into the resilient 2025 economy defying Democrat-fueled chaos and their government shutdown with great inflation numbers. Unpack the Democrats' blatant disregard for the rule of law, suggesting it's okay for police to arrest ICE agents. AG Letitia James pleads non-guilty then goes on a screed about a weaponized DOJ. The ACA subsidies sunset is a Democrat problem they created, while concerned citizens are helping to fund the military. Fraud in Medicaid is still happening in Blue states and former Democrat Senator Joe Manchin talks about the organized, violent moves against him. There is an awakening happening in the country where millions are ditching woke nonsense for GOP common sense, embracing fiscal responsibility, secure borders, and Constitutional principles. While the Democrats flounder, the GOP is moving at full speed. Tune in for unfiltered analysis, expert breakdowns, and your wake-up call to reclaim sanity in a divided nation. Please take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR, TRUTH Social and YouTube by searching for The Alan Sanders Show. And, consider becoming a sponsor of the show by visiting my Patreon page!
Goldman Sachs Research's Chief US economist David Mericle explains the factors driving the economy and the divergence between solid GDP growth and a slowing labor market. This episode was recorded on October 20, 2025. The opinions and views expressed herein are as of the date of publication, subject to change without notice and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only and does not constitute investment advice, a recommendation from any Goldman Sachs entity to take any particular action, or an offer or solicitation to purchase or sell any securities or financial products. This material may contain forward-looking statements. Past performance is not indicative of future results. Neither Goldman Sachs nor any of its affiliates make any representations or warranties, expressed or implied, as to the accuracy or completeness of the statements or information contained herein and disclaim any liability whatsoever for reliance on such information for any purpose. Each name of a third-party organization mentioned is the property of the company to which it relates is used here strictly for informational and identification purposes only and is not used to imply any ownership or license rights between any such company and Goldman Sachs. A transcript is provided for convenience and may differ from the original video or audio content. Goldman Sachs is not responsible for any errors in the transcript. This material should not be copied, distributed, published, or reproduced in whole or in part or disclosed by any recipient to any other person without the express written consent of Goldman Sachs. Disclosures applicable to research with respect to issuers, if any, mentioned herein are available through your Goldman Sachs representative or at www.GS.com/research/hedge.html. Goldman Sachs does not endorse any candidate or any political party. © 2025 Goldman Sachs. All rights reserved. Learn more about your ad choices. Visit megaphone.fm/adchoices
HEADLINE: China's Economic Contradictions: Deflation and Consumer Wariness Undermine GDP Growth ClaimsGUEST NAME: Fraser Howie SUMMARY: John Batchelor speaks with Fraser Howie about China facing severe economic contradictions despite high World Bank forecasts. Deflation remains rampant with frequently negative CPI and PPI figures. Consumer wariness and high youth unemployment at one in seven persist throughout the economy. The GDP growth figure is viewed as untrustworthy, manufactured through debt in a command economy. Decreased container ship arrivals point to limited actual growth, exacerbated by higher US tariffs. Economic reforms appear unlikely as centralization under Xi Jinping continues.
This episode with Prof. Arun Kumar is a look at the Indian economy beyond headlines and GDP numbers. We discuss the paradox behind India's growth story: when GDP rises, does it really reach the people? We explore how poverty in India has officially fallen from 27% to 5.3% in just over a decade, yet real wages have been shrinking, especially for rural workers. If fewer people are poor on paper, but incomes aren't rising, what's actually driving this improvement?We talk about how the structure of India's economy is changing, how wealth is concentrated, and the weakening of the public sector to how the black economy distorts policy outcomes.We discuss why state finances are now becoming a silent crisis, and how India's macroeconomic stability, while strong, hides inequalities that threaten long-term growth. The episode also explores the solutions, which India needs to fix over the next 20 years to make growth truly inclusive and meaningful for everyone.0:00 – Trailer1:01 – Does GDP growth translate to ground reality?6:46 – Is India truly the 4th largest economy?10:30 – Poverty fell 22% in 12 years, yet wages dropped.14:06 – Does the poverty line reflect reality?18:07 – What % of India is really poor?21:00 – Are middle-class families going into debt for basics?23:26 – How are rich, middle, and poor defined?24:44 – Wealth is shifting26:56 – How stable is India's macroeconomy?30:48 – Why India cannot open up some sectors34:27 – Why R&D spending remains low in India35:36 – Is the consensus on need for public sector falling?38:18 – Black economy kills public sector41:37 – How healthy are the Indian state economies?44:51 – Is the tax split b/w centre and states working?47:05 – How can India create jobs in Unorganised sectors?53:12 – What are the solutions to fix Indian economy in next 20 years-------------India's talent has built the world's tech—now it's time to lead it.This mission goes beyond startups. It's about shifting the center of gravity in global tech to include the brilliance rising from India.What is Neon Fund?We invest in seed and early-stage founders from India and the diaspora building world-class Enterprise AI companies. We bring capital, conviction, and a community that's done it before.Subscribe for real founder stories, investor perspectives, economist breakdowns, and a behind-the-scenes look at how we're doing it all at Neon.-------------Check us out on:Website: https://neon.fund/Instagram: https://www.instagram.com/theneonshoww/LinkedIn: https://www.linkedin.com/company/beneon/Twitter: https://x.com/TheNeonShowwConnect with Siddhartha on:LinkedIn: https://www.linkedin.com/in/siddharthaahluwalia/Twitter: https://x.com/siddharthaa7-------------This video is for informational purposes only. The views expressed are those of the individuals quoted and do not constitute professional advice.Send us a text
Chris Tennent-Brown (Wealth Senior Economist, ASB) takes the mic for a solo mini episode, unpacking the headlines that matter most to Kiwi investors. From the Government's fiscal strategy and boardroom sentiment to Reserve Bank moves and market implications, he breaks down what's really going on, and what it means for your portfolio. With interest rate cuts on the horizon and uncertainty still in play, this episode offers timely insights to help investors stay focused and confident in their strategy.
Liz Peek confirms that Wall Street expects further interest rate cuts despite strong GDP growth and a stable job market. She stresses that Artificial Intelligence is seriously impacting corporate hiring plans, noting major employers like Walmart are preparing to flatten employment over "several years." Peek also points to the alarming lead of socialist, anti-Israel mayoral candidate Mamdani in New York City, whose inexperience creates a large question mark over the city's future. 1955 NYSE
Liz Peek confirms that Wall Street expects further interest rate cuts despite strong GDP growth and a stable job market. She stresses that Artificial Intelligence is seriously impacting corporate hiring plans, noting major employers like Walmart are preparing to flatten employment over "several years." Peek also points to the alarming lead of socialist, anti-Israel mayoral candidate Mamdani in New York City, whose inexperience creates a large question mark over the city's future. 1963 NYSE
Preview: Liz Peek discusses the Fed's rate cut amidst strong economic data and consumer spending, noting second-quarter GDP growth was revised up to 3.8%. She highlights AI's increasing impact on hiring, citing Walmart's plan to hold employment flat and investment banking trends. The conversation ends with the concerning New York City mayoral race and candidate Mamani's socialist policies and inexperience. 1882 NYSE
AP correspondent Ed Donahue reports on a projection of a worsening economy.
Segment 1: Michael Miller, Economics Professor, Western Washington University and Professor Emeritus at DePaul University, joins John Williams to talk about GDP growth, if we should be skeptical of economic data revisions, core inflation rising, if he thinks the Fed should cut rates in September, the fate of Fed governor Lisa Cook, and the importance that the Federal […]
Discord Channel: https://discord.gg/pqKsMKp6SA The latest U.S. GDP numbers are in, and the markets are reacting! On today's show, we'll break down what the data means for the economy, traders, and investors heading into the next quarter. We'll also dive into:
Stephen Grootes speaks to Mmakgoshi Lekhethe, CEO of the Industrial Development Corporation (IDC), about the annual financial results. IDC disbursements rise 2.5% to R16.3 billion for the financial year ending 31 March 2025. The Industrial Development Corporation (IDC) injected R16.3 billion into the South African economy during 2024/25, up 2.5% from R15.9 billion the previous year. This growth came despite subdued domestic conditions and marginal real GDP growth of just 0.4% (2023/24: 0.5%). The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
BUSINESS: BSP likely to cut rates again amid low inflation, slow GDP growth – Analysts | Aug. 25, 2025Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#KeepUpWithTheTimesSubscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#KeepUpWithTheTimesdv Hosted on Acast. See acast.com/privacy for more information.
In today's jam-packed episode, Kip covers a significant milestone that began with J Powell's surprisingly dovish speech at the Fed's Jackson Hole meeting, which led to a big rally from the small caps and an All-Time High from the Dow Jones. Tune in for all this and more—including actionable insights on what sectors to watch, where retail investors are leading the charge, and why staying long and strong could be the best move you make this year.
Vodafone Idea is in early talks with credit funds to plug a looming cash gap as uncertainty pertains over bank funding. Serious Fraud Investigation Office is probing Chinese phone makers Vivo, Oppo, Xiaomi. Despite trade tensions with the US, India's real GDP growth is unlikely to fall below 6% in FY26.
BUSINESS: Philippine GDP growth hits lower end of target in Q2 despite global challenges | Aug. 8, 2025Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#KeepUpWithTheTimes Hosted on Acast. See acast.com/privacy for more information.
Should you be concerned by the jobs report? The July jobs report showed nonfarm payrolls grew by 73k, which missed the estimate of 100k. Unfortunately, the news got even worse as you dug into the report. The prior two months saw major negative revisions as June was revised from 147k to just 14k and May was revised from 125k to just 19k. This amounted to a total negative revision of 258k when looking at the two months combined. Another negative was job growth in the month of July was heavily reliant on health care & social assistance as the category added 73.3k jobs in the month. This means that this category essentially carried the report as the total jobs created in the month topped the full headline number. There were some other areas that saw growth with retail trade adding 15,700 jobs, leisure and hospitality adding 5k jobs, and construction adding 2k jobs. Unfortunately, there were more categories than normal that saw declines with information falling by 2k jobs, government was down 10k jobs, manufacturing declined by 11k jobs, and professional and business services declined by 14k jobs. While all this sounds negative, I still wouldn't panic over this report. The main reason is the unemployment rate remains historically low at 4.2% and layoffs have not materially increased. I would even make the claim that the unemployment rate is healthier than it appears. Of those that are unemployed, the average weeks unemployed now totals 24.1 and those that have been unemployed for more than 27 weeks jumped to 1.82 million, which is about one-quarter of all the unemployed. If you have been out of work more than 27 weeks, how hard have you really been looking or are some of those really just retired now? It seems we are in an environment where companies are keeping their employees and limiting new hires. With more clarity on the trade deals and tariffs now, that could help stabilize the labor market, but my main concern is are there enough qualified candidates to truly fuel job growth? A large problem we have discussed in the past is an aging population that has seen assets climb tremendously, which has enabled many near retirement age the luxury to retire. While I don't want to say this is a negative, the working age population or those between 25 & 54 remained near historical highs around 83%. One positive in the report I didn't discuss yet was the fact that wage inflation came in above expectations at 3.9%, which is nice considering the decline in inflation we have seen this year. While again I may sound negative on this report, I want to be clear that there is no reason to be overly concerned yet, I would be interested to see how the next few reports look before being worried about a potential recession in the near term. Job openings declined in the month of June The June Job Openings and Labor Turnover Survey, commonly referred to as the JOLTs report, showed job openings declined to 7.4 million, down 275,000 from the prior month. While this may sound problematic, it is important to remember this is still a historically healthy level for job openings and it comes against a back drop of a historically low unemployment rate. I have said this for many months, but I believe there is even further room for job openings to decline without there being a problem for the labor market. Taking that concept one step further, I would be quite surprised to see growth in job openings from here. The main reason for that is there just aren't enough people to fill those openings especially since it appears many companies are choosing to retain employees rather than look for new ones. I say this because layoffs continue to remain quite low. In the month of June, they totaled 1.6 million and really since 2021 they have maintained that level with the average monthly total since January 2021 standing around 1.57 million. If we look pre-covid, from December 2000 (when the data first started) to February 2020, layoffs averaged 1.91 million per month. Even though you will always hear news about various companies implementing layoffs, I believe we remain in a healthy labor market with good unemployment and low layoffs. This healthy labor market remains one of the key reasons for why I believe the economy will remain in a good spot for the foreseeable future. GDP came in stronger expected, another good sign for the economy! While Q2 gross domestic product, also known as GDP, jumped 3% and easily topped the estimate of 2.3%, the numbers were not as strong as the headlines indicate. With the tariffs having a large impact on trade and business inventories, this report is the opposite of Q1 when actual results were much better than the headlines showed. In Q1 companies were likely trying to get ahead of tariffs so they were trying to load up on inventory and import a lot more foreign goods than normal. This led to a 37.9% increase in imports during Q1 which subtracted 4.66% from the headline GDP number. In Q2 we saw a complete reversal as imports fell 30.3% and added 5.18% to the headline GDP number. The change in private inventories was also extremely volatile during these last two periods considering it added 2.59% to the headline number in Q1, but subtracted 3.17% from the headline number in Q2 as many businesses were likely working through excess inventory. I bring all this up not to say that the GDP report was bad and in fact it was still a good number, but rather to show the messiness in the numbers for the first two quarters. We should not see the type of volatility that we have seen in trade going forward as it normally has a small impact on the overall report. The main reason I see Q2 GDP as a good report is because the consumer, which is the main driver in the long-term, held up well. There was a small 1.1% increase in services spending and goods saw an increase of 2.2%. Considering we are primarily a service driven economy; I do worry the goods spending could have been further pull forward in demand as consumers try to get ahead of price increases from tariffs. This could have a negative impact on consumer spending going forward as they may not need to purchase as many goods. With many areas of the report normalizing as we exit the year, I'm still looking for GDP growth that would likely be in the 1-2% range. Should Banks be responsible when their customers get scammed? It's a sad thing to see someone in their 60s or 70s get scammed out of their life savings. Unfortunately, there are many online scams now and it appears they just keep growing. According to the FBI, in 2024 online scams totaled $16 billion, which was a 33% increase from 2023. A big question that people have been asking is should banks be the ones that are held responsible when it comes to preventing their customers from making poor investment decisions or losing money in online romance scams? Banks are already trying to prevent money laundering, terrorist financing and other types of fraud that is costly for the banks to maintain. Adding another oversight would be another expense for the banks, which could lead to costs elsewhere in the banking system to make up for those added expenses. From the consumer standpoint this could also lead to frustration when trying to get money for legitimate purposes as it could lead to longer review periods for certain transactions or if your account were to get flagged who knows how long it would take to get that resolved. As an example, let's say a teller sees the same person coming in taking out large sums of money on a regular basis, should the teller stop the activity? Again, if it was for legitimate purposes, wouldn't that be frustrating? What something like this would likely mean for banks is they would have to set up departments to review the situations of potential scams and take many hours to discuss with bank employees, the customer and maybe even family members why the withdrawals are taking place. No surprise here, but attorneys in some states have begun going after the banks saying it is their obligation to protect their clients' assets. There are laws that were passed in the 70s that requires banks to report suspicious money laundering activity and even required banks to screen for fraudulent activities and reimburse customers for stolen funds. However, it's limited to criminal impersonations of a customer to get unauthorized access to their accounts. This is different than many of the scams we are seeing today where the customers themselves are taking the money from their own account and sending it to the scammer. In my opinion, the best thing to do is educate people about these scams and if you have parents, be sure to have conversations with them about them before they happen. Financial Planning: The Secondary Benefits of Roth Accounts While the primary advantage of Roth accounts lies in their tax-free growth and withdrawals in retirement avoiding potentially higher tax rates, there are several powerful secondary benefits worth considering. First, Roth IRAs are not subject to Required Minimum Distributions (RMDs), which means retirees can keep their money growing tax-free for life. In contrast, traditional pre-tax retirement accounts force RMDs beginning at age 75, whether the funds are needed or not. These mandatory withdrawals must be taken as taxable income and cannot be reinvested into another tax-advantaged retirement account. The most similar alternative is a regular taxable brokerage account, where earnings such as interest, dividends, and capital gains are subject to annual taxation—ultimately reducing the net return over time. By avoiding RMDs, Roth accounts allow retirees to maintain greater control over their tax situation and preserve more wealth in a truly tax-advantaged environment. Second, Roth accounts are far more advantageous for heirs. While both Roth and pre-tax retirement accounts are now subject to the 10-year rule—requiring inherited accounts to be fully distributed within 10 years of the original owner's death—the tax treatment is vastly different. Pre-tax inherited accounts are fully taxable to beneficiaries, which can push heirs into higher tax brackets as they're forced to withdraw large sums over a relatively short period. In contrast, inherited Roth accounts allow for the same 10 years of tax-free growth, but the entire balance can be withdrawn tax-free at the end, providing greater flexibility and preserving more value. Third, for individuals whose estates exceed the federal estate tax threshold, Roth accounts offer superior after-tax value. Both Roth and pre-tax accounts are included in the taxable estate, but Roth funds retain their full value since they are not subject to income tax when withdrawn. These features make Roth accounts not just a retirement planning tool, but also a strategic asset for legacy and tax-efficient estate planning. Companies Discussed: Hasbro, Inc. (HAS), Chipotle Mexican Gill, Inc. (GMG) & Baker Hughes Company (BKR)
The Rich Zeoli Show- Full Episode (07/30/2025): 3:05pm- On Wednesday, the Commerce Department released a report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter—beating economic forecasts and rebounding from the first quarter's economic contraction. 3:15pm- Former Vice President Kamala Harris announces she will not run for Governor of California in 2026. 3:30pm A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” Now Dunkin Donuts has released a commercial in response to the Sweeney advertisement—mocking the far-left's outrage. 3:40pm- Does anyone in the audience want to see a video of Rep. Eric Swalwell lifting weights? NOPE! 3:50pm- On Wednesday, New York City mayoral candidate Zohran Mamdani held a press conference to address the mass shooting in Manhattan earlier this week. Mamdani was notably asked about his previous calls to defund the NYC police. 4:05pm- Brian Morgenstern—Head of Public Policy at Riot Platforms & former Trump Administration Official—joins The Rich Zeoli Show to discuss Treasury Secretary Scott Bessent's pledge to make America a “crypto superpower.” 4:30pm- Which TV shows and movies are you watching right now? Justin is rewatching Breaking Bad, Rich is still avoiding the Snow White remake, and Matt is watching Leave It to Beaver??? 4:40pm- From the White House, President Donald Trump delivers remarks on his administration's new initiative with tech companies to help modernize data access for Medicare recipients. 4:50pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:05pm- Dr. Michael Busler— Professor of Finance and Finance Program Chair at Stockton University & Newsmax Contributor—joins The Rich Zeoli Show to discuss the Commerce Department's report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter. 5:20pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:25pm- On Tuesday, the king of grandstanding Sen. Cory Booker (D-NJ) delivered a fiery speech from the Senate floor saying that Democrats “need a wake-up call”—and screaming that no one should “question” his “integrity.” But even Morning Joe isn't buying his over-the-top antics any longer. 5:30pm- Jimmy Failla—Fox News Host & Author of Cancel Culture Dictionary—joins The Rich Zeoli Show to discuss the far-left melting down over Sydney Sweeney's new American Eagle advertisement. Have Democrats declared war on boobs??? Failla will be performing at SoulJoel's in Montgomery County, PA on August 9th. You can find information about tickets here: https://radio.foxnews.com/fox-news-talk/fox-across-america-with-jimmy-failla/. 6:05pm- While appearing on Fox News, FDA Commissioner Dr. Marty Makary explained that “the food pyramid was blind to ultra-processed food” and, consequently, will be rewritten “based on science and not what food companies want.” Rich notes that a 2016 Time magazine article documents how lobbyists connected to food manufactures had an outsized say in dietary guidelines—with dietician and doctor recommendations being a secondary concern. 6:30pm- On Wednesday, President Donald Trump stated: “Nancy Pelosi became rich by having inside information.” Will members of Congress finally be banned from trading stocks? Senator Josh Hawley has sponsored a new bill, “The Honest Act,” which passed through the Senate Homeland Security and Government Affairs Committee on Wednesday.
Today on the Top News in 10, we cover: Quarter 2 GDP has the Trump team exultant and Senator Chuck Schumer furious. Fed. Chairman Jerome Powell continues to keep interest rates high despite opposition from his own governors. Nancy Pelosi loses it over insider trading questions. Subscribe to The Tony Kinnett Cast: https://www.youtube.com/playlist?list=PLjMHBev3NsoV3kHckydY58R7TaYsizl45 Don't forget our other shows: Virginia Allen's Problematic Women: https://www.dailysignal.com/problematic-women Bradley Devlin's The Signal Sitdown: https://www.dailysignal.com/the-signal-sitdown Follow The Daily Signal: X: https://x.com/DailySignal Instagram: https://www.instagram.com/thedailysignal/ Facebook: https://www.facebook.com/TheDailySignalNews/ Truth Social: https://truthsocial.com/@DailySignal YouTube: https://www.youtube.com/user/DailySignal Rumble: https://rumble.com/c/TheDailySignal Thanks for making The Daily Signal Podcast your trusted source for the day's top news. Subscribe on your favorite podcast platform and never miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today on the Top News in 10, we cover: Quarter 2 GDP has the Trump team exultant and Senator Chuck Schumer furious. Fed. Chairman Jerome Powell continues to keep interest rates high despite opposition from his own governors. Nancy Pelosi loses it over insider trading questions.
The initial Q2 2025 GDP growth number was just released and it beat expectations handily, coming in at a "strong" 3.0%But...when looking just a little bit beneath the surface, the data doesn't look as impressive as on first glance. For example, the biggest contributor by far to the "beat" was shrinking inventories relative to the massive Q1 pre-orders that were made as corporations front-ran the Trump tariffs.So, just as the negative Q1 GDP number wasn't truly as bad as it seemed, similarly the Q2 number isn't as robust as the headline suggests.The team from New Harbor Financial and I dig into what the true reality likely is, as well as discuss the latest FOMC release, the tremendous amount of speculation in the markets today, and the latest price action in gold, silver and Bitcoin.WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#economy #federalreserve #gdp _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.
Bankrate's Senior VP and Chief Analyst Greg McBride breaks down the Federal Reserve's decision to keep interest rates unchanged and what stronger-than-expected Q2 GDP numbers signal for the economy. He explains how these developments could impact inflation, jobs, and your personal finances.
U.S. GDP grew at a healthy clip in the second quarter of 2025. But a mathematical equation can't convey nuance — like, say, six months of tariff chaos. Clear away the trade drama, and the country's economic growth was more subdued. Also in this episode: The Fed keeps rates as-is despite historic “no” votes from committee members, crypto firms campaign for stablecoin to be the new credit card, and the private sector added about 70,000 service sector jobs in July.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
The Rich Zeoli Show- Full Episode (07/30/2025): 3:05pm- On Wednesday, the Commerce Department released a report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter—beating economic forecasts and rebounding from the first quarter's economic contraction. 3:15pm- Former Vice President Kamala Harris announces she will not run for Governor of California in 2026. 3:30pm A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” Now Dunkin Donuts has released a commercial in response to the Sweeney advertisement—mocking the far-left's outrage. 3:40pm- Does anyone in the audience want to see a video of Rep. Eric Swalwell lifting weights? NOPE! 3:50pm- On Wednesday, New York City mayoral candidate Zohran Mamdani held a press conference to address the mass shooting in Manhattan earlier this week. Mamdani was notably asked about his previous calls to defund the NYC police. 4:05pm- Brian Morgenstern—Head of Public Policy at Riot Platforms & former Trump Administration Official—joins The Rich Zeoli Show to discuss Treasury Secretary Scott Bessent's pledge to make America a “crypto superpower.” 4:30pm- Which TV shows and movies are you watching right now? Justin is rewatching Breaking Bad, Rich is still avoiding the Snow White remake, and Matt is watching Leave It to Beaver??? 4:40pm- From the White House, President Donald Trump delivers remarks on his administration's new initiative with tech companies to help modernize data access for Medicare recipients. 4:50pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:05pm- Dr. Michael Busler— Professor of Finance and Finance Program Chair at Stockton University & Newsmax Contributor—joins The Rich Zeoli Show to discuss the Commerce Department's report indicating that U.S. gross domestic product (GDP) grew by 3% in the second quarter. 5:20pm- While appearing on Theo Vons podcast, Open AI CEO Sam Altman revealed that people are using ChatGPT like a therapist—which emphasizes the need for new laws to protect user privacy and chat histories. 5:25pm- On Tuesday, the king of grandstanding Sen. Cory Booker (D-NJ) delivered a fiery speech from the Senate floor saying that Democrats “need a wake-up call”—and screaming that no one should “question” his “integrity.” But even Morning Joe isn't buying his over-the-top antics any longer. 5:30pm- Jimmy Failla—Fox News Host & Author of Cancel Culture Dictionary—joins The Rich Zeoli Show to discuss the far-left melting down over Sydney Sweeney's new American Eagle advertisement. Have Democrats declared war on boobs??? Failla will be performing at SoulJoel's in Montgomery County, PA on August 9th. You can find information about tickets here: https://radio.foxnews.com/fox-news-talk/fox-across-america-with-jimmy-failla/. 6:05pm- While appearing on Fox News, FDA Commissioner Dr. Marty Makary explained that “the food pyramid was blind to ultra-processed food” and, consequently, will be rewritten “based on science and not what food companies want.” Rich notes that a 2016 Time magazine article documents how lobbyists connected to food manufactures had an outsized say in dietary guidelines—with dietician and doctor recommendations being a secondary concern. 6:30pm- On Wednesday, President Donald Trump stated: “Nancy Pelosi became rich by having inside information.” Will members of Congress finally be banned from trading stocks? Senator Josh Hawley has sponsored a new bill, “The Honest Act,” which passed through the Senate Homeland Security and Government Affairs Committee on Wednesday.
U.S. GDP grew at a healthy clip in the second quarter of 2025. But a mathematical equation can't convey nuance — like, say, six months of tariff chaos. Clear away the trade drama, and the country's economic growth was more subdued. Also in this episode: The Fed keeps rates as-is despite historic “no” votes from committee members, crypto firms campaign for stablecoin to be the new credit card, and the private sector added about 70,000 service sector jobs in July.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
GDP growth grew at a 3 Percent Rate in the second quarter. Zohran Mamdani is returning from Uganda today after a few days of craziness in NYC. Mark Interviews Political Strategist Ed Rollins. The Democrats strategy of getting angry over President Trump isn't a good one to get votes. Ed explains if he was in the Dems Shoes, what he would do. Has voting changed in the previous 10 years? Will the Federal Reserve announce a rate cut today? Remember Cd's they are making a comeback! Z gens are looking to flee to smaller more affordable cities. Michigan is a hot spot! Mark Interviews Author Ann Coulter. Ann and Mark break down how people get influenced by social media, sometimes in negative ways. Zohran Mamdani he will most likely be the next mayor of NYC. The Dems need a better platform to win than Cory Booker speaking on the podium for hours. You can add Hakeem Jeffries to the mix also. Governor Kathy Hochul may add another gun law to NYC since Monday's shooting.
GDP growth grew at a 3 Percent Rate in the second quarter. Zohran Mamdani is returning from Uganda today after a few days of craziness in NYC. Mark Interviews Political Strategist Ed Rollins. The Democrats strategy of getting angry over President Trump isn't a good one to get votes. Ed explains if he was in the Dems Shoes, what he would do. Has voting changed in the previous 10 years? Will the Federal Reserve announce a rate cut today? Remember Cd's they are making a comeback! Z gens are looking to flee to smaller more affordable cities. Michigan is a hot spot! Mark Interviews Author Ann Coulter. Ann and Mark break down how people get influenced by social media, sometimes in negative ways. Zohran Mamdani he will most likely be the next mayor of NYC. The Dems need a better platform to win than Cory Booker speaking on the podium for hours. You can add Hakeem Jeffries to the mix also. Governor Kathy Hochul may add another gun law to NYC since Monday's shooting. See omnystudio.com/listener for privacy information.
THE TIM JONES AND CHRIS ARPS SHOW 0:00 SEG 1 The Speaker's Stump Speech is brought to you by https://www.hansenstree.com/ and is about GDP growth in the U.S. 18:02 SEG 2 Brandon Straka, founder of the Walk Away movement, the largest national organization helping Americans walk away from the radical left | TOPIC: Leading a rally against Zohran Mamdani in NYC last Sunday | Being on the scene of the shooting spree in NYChttps://x.com/BrandonStraka https://x.com/RealWalkAway 34:42 SEG 3 saved from the tsunami | Will Sam Page serve time? https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.
THE TIM JONES AND CHRIS ARPS SHOW 0:00 SEG 1 The Speaker's Stump Speech is brought to you by https://www.hansenstree.com/ and is about GDP growth in the U.S. 18:02 SEG 2 Brandon Straka, founder of the Walk Away movement, the largest national organization helping Americans walk away from the radical left | TOPIC: Leading a rally against Zohran Mamdani in NYC last Sunday | Being on the scene of the shooting spree in NYChttps://x.com/BrandonStraka https://x.com/RealWalkAway 34:42 SEG 3 saved from the tsunami | Will Sam Page serve time? https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.
07/23/2025 PODCAST Episode #2067 GUEST: Phill Kline, Joe Lavorgna - YOUR CALLS! at 1-888-480-JOHN (5646) and GETTR Live! @jfradioshow #GodzillaOfTruth #TruckingTheTruth
In this week's episode of China Insider, Miles Yu reviews Taiwan's ten-day long Han Kuang military exercise, involving civilian drills and military training to prepare for a potential invasion and counter ongoing PLA gray zone operations. Next, Miles covers the "800 Brother" story trending across Chinese social media and internet forums as the popular worker wage movements maintain their current momentum on a national scale. Lastly, Miles digs into China's reported 5.2% GDP growth over the second quarter of this year, and examines the historical efficacy of China's National Bureau of Statistics' economic analysis and reporting. China Insider is a weekly podcast project from Hudson Institute's China Center, hosted by China Center Director and Senior Fellow, Dr. Miles Yu, who provides weekly news that mainstream American outlets often miss, as well as in-depth commentary and analysis on the China challenge and the free world's future.
Deflation, tax breaks and industrial shifts are reshaping the country's fiscal landscape. Note: The conversation segment of this episode was generated using AI and has been edited for accuracy. It is based on this Caixin story: In Depth: Why China Is Taking In Less Tax as GDP Growth Stays Steady Subscribe now to unlock all coverage from Caixin Global and The Wall Street Journal for just $200 a year, enjoying a 66% discount. Group discounts are available — contact us for a customized plan.
Deflation, tax breaks and industrial shifts are reshaping the country's fiscal landscape. Note: The conversation segment of this episode was generated using AI and has been edited for accuracy. It is based on this Caixin story: In Depth: Why China Is Taking In Less Tax as GDP Growth Stays Steady Subscribe now to unlock all coverage from Caixin Global and The Wall Street Journal for just $200 a year, enjoying a 66% discount. Group discounts are available — contact us for a customized plan.
Top US investment banks have raised their forecasts for China's GDP this year, citing the positive impact of government's recent growth policies.
This week we heard GDP growth has dropped, yet we've just given ourselves a pay rise. Does it really matter if the economy isn't growing as much as we would like and is GDP the best measure anyway? What will this mean for inflation? This week we give the economy a health check and look at what this all means for the future of jobs.
Fergal O'Brien, IBEC's Economics and Policy Division, reacts to the latest economic forecasts presented by the Minister of Finance.
The economy is on fire—at least according to the latest GDP numbers. But is this growth real, or is it just a result of massive government spending? And how does it impact the housing market, which is showing signs of slowing down? In this episode of Drunk Real Estate, we break down the big economic headlines, including the surprising GDP surge and what it means for investors, homeowners, and renters. Is this an opportunity—or a disaster waiting to happen? We also dive into how government policies are influencing real estate, the hidden risks behind the numbers, and what moves smart investors should be making right now. Tune in for:
New tariffs will surely lead to a rise in inflation, as will the oil price, if Iran ignores Trump's ultimatum to a new nuclear deal. With inflation expected to stay high, we look for only one rate cut this year, and think 2026 will be an easier year to cut rates. The Philadelphia Semiconductor Index is technically weak, having broken its March low. It is heavily weighted toward the champions of Artificial Intelligence that have driven the bull market of the past five years. The consensus forecast for 2025 S&P 500 index EPS growth that was over 13% in February, is below 10% today. But since World War 2, April has been the second-best month of the year for the S&P, and in the years when the S&P fell by 3% or more in March, April had an average gain of 6%.