Podcasts about us gdp

There have been some mixed messages on the US data front recently. US GDP in the second quarter was revised upwards, even as labour markets have been softer and consumer confidence has been weak. Chris Holdsworth, Chief Investment Strategist, Investec Wealth & Investment International says with a key inflation indicator remaining sticky, this presents challenges for the Fed and the trajectory of interest rates. Investec Focus Radio SA

Lee Hardman, Senior Currency Analyst, and Seiko Kataoka-Fisher, Director from Japanese Customer Sales for EMEA in London, discuss how positive US economic data surprises have been encouraging a stronger USD. Will the divergence between weak US employment growth and stronger US GDP growth continue in the week ahead? 

On today's episode of the Alan Sanders Show, US GDP surges to 3.8% in Q2, signaling economic strength under Trump's policies. James Comey faces federal indictment for lying to Congress and obstructing justice, backed by declassified evidence from Tulsi Gabbard, Kash Patel, and Sen. Chuck Grassley exposing his role in anti-Trump lawfare. Shocking January 6 revelations confirm 275 FBI agents were embedded in the crowd, dwarfing prior reports. Trump's 100% tariffs on Big Pharma, effective October 1, aims to slash drug prices and boost domestic manufacturing. Join me for unfiltered analysis of these seismic shifts shaking Washington and the economy. 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!

In this episode of the Theory of Thing Investment Podcast, James Whelan and Heath Moss discuss a variety of topics ranging from personal updates to market analysis. They delve into the current state of the economy, the impact of tariffs, and the performance of commodities like gold and copper. The conversation also touches on sports, particularly the upcoming AFL Grand Final, and concludes with predictions and reflections on personal life.TakeawaysSpring is a time of renewal and excitement.The S&P 500 had a relatively stable week despite fluctuations.US GDP growth exceeded expectations, indicating consumer strength.Tariffs are a significant factor in the current economic landscape.Gold and silver are experiencing substantial price increases.Copper is becoming increasingly important in the market.The oil market is stabilizing around current price levels.The upcoming AFL Grand Final is generating excitement.Personal updates reflect the busy lives of the hosts.The podcast blends investment insights with personal anecdotes.Support this show http://supporter.acast.com/the-bip-show. Hosted on Acast. See acast.com/privacy for more information.

The US GDP growth was revised upward, indicating surprising resilience, while a new report highlighted global debt reaching a record high. Oil prices experienced a pullback, offering some relief to investors. Meanwhile, the RBI's bulletin presented a positive outlook for the Indian economy, driven by strong domestic factors. Major corporate news included Reliance's massive ₹40,000 Cr food park MoU and a significant ₹62,370 Cr jet deal for HAL, reinforcing confidence in the Indian market. Additionally, a new ₹42,000 Cr nuclear project by NTPC and NPCIL was announced. The day concluded with a "Believe it or not!" segment.#stockmarketnews #indianstockmarket #usgdp #globaldebt #oilprices #rbi #reliance #HAL #ntpc #investing #stockmarketindia 00:00 Start00:11 US GDP Growth Revised Up03:22 Global Debt Record High05:36 Oil Prices Pull Back07:06 RBI Bulletin: Positive Outlook09:22 Reliance ₹40,000 Cr Food MoU10:49 HAL Wins ₹62,370 Cr Jet Deal12:24 NTPC-NPCIL Nuclear Project13:32 Believe it or not!

Singapore shares were little moved as most Asian markets traded lower today. The Straits Times Index was 0.04% in the green at 4,275.62 points at 2.39pm Singapore time, with a value turnover of S$791.57M seen in the broader market. In terms of counters to watch, we have Singapore Post. The postal service provider said yesterday that it has named Mark Chong as its group chief executive officer, with his appointment effective Nov 1. Elsewhere, from how Singapore factory output decreased 7.8 per cent year on year in August, missing expectations, to US President Donald Trump’s new tariffs on pharmaceuticals, trucks and furniture – more economic headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the key developments to watch for the day.See omnystudio.com/listener for privacy information.

Carl Quintanilla, Sara Eisen, and David Faber kicked off the hour looking at the latest data on jobs and US GDP - before diving into what it all means for stocks with Piper Sandler's Chief Investment Strategist. Plus: the earnings names you need to know... Accenture CEO Julie Sweet joined the team to breakdown new numbers from her company, while one housing analyst joined Post 9 with his housing playbook following results out of KB Home.  Also in focus: hear the latest reporting around a possible Tiktok deal today - and breaking news during the hour - a recap of the new Supreme Court amicus brief in support of Fed Governor Lisa Cook from every living former Fed Chair, many former Treasury Secretaries & even CEA chairs.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Join OANDA Senior Market Analysts & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. The content produced on this site is for general information purposes only and should not be construed to be advice, invitation, inducement, offer, recommendation or solicitation for investment or disinvestment in any financial instrument. Opinions expressed herein are those of the authors and not necessarily those of OANDA or any of its affiliates, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, please access the RSS feed or contact us at info@marketpulse.com. © 2023 OANDA Business Information & Services Inc

Wall Street recorded a third consecutive day of losses as markets digested mixed economic data, with initial jobless claims rising by 14,000 to 218,000 while other data showed the US economy grew faster than previously estimated in Q2. S&P 500 down 0.5%, Nasdaq fell 0.5%. Dow dropped at open, recovered, and from 11am oversaw a choppy session downward. Closed near middle of range, down 174 points. Primarily negative sector performance. Healthcare, Cyclicals, Utilities and Materials, all recorded losses of over 1.0%. At the opposite end, Energy was once again the biggest gainer, third consecutive day, Russia limited fuel exports and Q2 US GDP revised up. Financials also made modest gains.Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news that currency markets, bond markets and equity markets all react to unexpectedly 'strong' US data releases overnight, much of it sceptical. In fact we are getting rising risk aversion questioning its believability.US initial jobless claims came in last week at just over 180,000, and less than expected, and less than seasonal factors would have indicated. There are now 1.728 mln people on these benefits, but still +100,000 more than at the same time last year.And new orders for manufactured durable goods rose marginally in August from July, following two consecutive monthly decreases. That puts them a good +5.4% higher than year-ago levels. But non-defence, non-aircraft capital goods orders were low in the month, up just +1.6% from a year ago and it seems clear boardrooms are not enthusiastic investors at this point.This data is far more positive than the regional Fed factory survey are picking up, so we will need to wait before we conclude reshoring is actually happening.The September factory survey from the Kansas City Fed described only very modest changes in factories in their region. Order backlogs reduced as did new orders for export.In fact, US exports fell -1.4% in August in updated trade data, while imports fell -5.6%. That narrowed their trade deficit but only to the level it was in June, and not materially different to August a year ago. So it is hard to see much 'progress' here in shrinking this.But, the final US GDP result for the June quarter came in with a huge revision higher, up +3.8% from a year ago. This was apparently driven by a decrease in imports, and an increase in consumer spending, offset by decreases in investment and exports. There was a one-off revision to the consumer spending data in this release which twisted things somewhat. Again, this data is hard to reconcile with the real-time high-frequency data that we saw in the second quarter, but this is what they are reporting.If the Fed accepts this GDP data, rate cuts there are likely pushed further away.Meanwhile, August data on existing home sales dipped in August.In Canada, they reported average weekly earnings for July and they were up +3.3% to C$1,308 from a year ago, following a +3.6% increase in June.And staying in Canada, their federal government has instructed Canada Post to end door-to-door postal delivery.In China, the yuan has appreciated to the highest level in nearly 10 months against the American dollar as concerns over frictions between the world's two largest economies subside and China's economic growth prospects remain steady.In Taiwan, after four consecutive months of decreases, their reported retail sales that rose in August from a year ago. This data is modest compared to their booming industrial sector as we noted yesterday.And perhaps we should note that the Swiss central bank left its policy rate unchanged at 0% in an overnight review. Switzerland has inflation running at just +0.2% pa.Container freight rates fell faster last week, down -8% for the week to be a massive -55% lower than year-ago levels. And it was again outbound rates from China that is driving this retreat. But bulk freight rates actually rose again last week by +2.9% to be +10.5% higher than year-ago levels.The UST 10yr yield is now at 4.17%, up +2 bps from yesterday at this time.The price of gold will start today at US$3739/oz, up just +US$6 from yesterday. Silver is on the mover however, up approaching US$45/oz.American oil prices are little-changed at just under US$65/bbl, with the international Brent price still just over US$69/bbl.The Kiwi dollar is at just on 57.6 USc and down another -50 bps from yesterday and that is its lowest level since mid-April. Against the Aussie we are down just -10 bps at 88.2 AUc and near a three-year low. Against the euro we are actually unchanged at 49.5 euro cents. That all means our TWI-5 starts today at just over 65.2, and down another -30 bps.The bitcoin price starts today at US$108,928 and down -4.3% from this time yesterday. Volatility over the past 24 hours has again been moderate at just over +/- 2.3%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

US bond yields rose and US stocks fell overnight after robust US growth figures reinforced views the Fed won't cut rates much. So the US dollar rose, and the Aussie and Kiwi dollars fell. And Australian job ads drop. In our Deep-Dive interview ANZ Senior Economist Miles Workman reviews the New Zealand Treasury's long-term outlook for Government spending released this week. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

Abiel Reinhart joins Nora Szentivanyi to discuss the recent surge in tech-related business investment, its impact on US growth, and what it might mean for productivity gains. Tech investment accounted for about a third of US GDP growth––and much of the expansion in domestic final sales––in 1H25. While hyperscaler capex levels are expected to stay high in coming years, current growth rates are unlikely to be sustained, implying a smaller GDP contribution in 2026. We also discuss potential mismeasurement of tech investment in the GDP accounts.  This podcast was recorded on September 23, 2025.  This communication is provided for information purposes only. Institutional clients please visit www.jpmm.com/research/disclosures for important disclosures. © 2025 JPMorgan Chase & Co. All rights reserved.  

⁠Amazon has aggressively expanded its third-party logistics footprint⁠. They opened their Multi-Channel Fulfillment service to merchants on rival platforms like Shein, Shopify, and Walmart, leveraging their scale to become the default logistics backbone for e-commerce. We analyze the major corporate reality shift in Less-Than-Truckload as ⁠FedEx Freight remains firmly on track to become an independent public company by June 2026⁠, trading on the NYSE as FDXF. Despite a constrained LTL market due to a weak industrial economy, FedEx Freight announced a 5.9% general rate increase taking effect January 5th, driven by spin-off cost pressures and rising wages. The episode shares a stark economic warning of ⁠"profitless prosperity," which projects steady, slow expansion for US GDP and freight activity through 2029⁠, yet requires operators to fight hard for margins. Persistent inflation is expected, fueled by factors like labor scarcity, fiscal deficits, and rising energy demand, making these rate increases likely to stick. Adding to the inflation headache, ⁠the weighted average U.S. tariff rate has climbed to 16.4%, the highest level seen since the 1930s⁠, which is expected to generate 1.3% to 1.4% inflation. We also cover capacity dynamics, noting that while the Outbound Tender Rejection Index remains low (stuck just over 5%) signaling persistent excess capacity, capacity exits are expected to continue as smaller carriers struggle to afford replacing aging truck fleets. Finally, we address critical regulatory changes related to risk and driver welfare, starting with the ⁠Department of Transportation launching a major crackdown on cargo theft⁠ after a spike of more than 90% between 2021 and 2024. ⁠New legislation is also moving fast to ban predatory lease-purchase programs⁠, which were concluded by an FMCSA task force to be "irredeemable tools of fraud and driver oppression" that shift the financial burden onto drivers. Learn more about your ad choices. Visit megaphone.fm/adchoices

Amazon has aggressively expanded its third-party logistics footprint. They opened their Multi-Channel Fulfillment service to merchants on rival platforms like Shein, Shopify, and Walmart, leveraging their scale to become the default logistics backbone for e-commerce. We analyze the major corporate reality shift in Less-Than-Truckload as FedEx Freight remains firmly on track to become an independent public company by June 2026, trading on the NYSE as FDXF. Despite a constrained LTL market due to a weak industrial economy, FedEx Freight announced a 5.9% general rate increase taking effect January 5th, driven by spin-off cost pressures and rising wages. The episode shares a stark economic warning of "profitless prosperity," which projects steady, slow expansion for US GDP and freight activity through 2029, yet requires operators to fight hard for margins. Persistent inflation is expected, fueled by factors like labor scarcity, fiscal deficits, and rising energy demand, making these rate increases likely to stick. Adding to the inflation headache, the weighted average U.S. tariff rate has climbed to 16.4%, the highest level seen since the 1930s, which is expected to generate 1.3% to 1.4% inflation. We also cover capacity dynamics, noting that while the Outbound Tender Rejection Index remains low (stuck just over 5%) signaling persistent excess capacity, capacity exits are expected to continue as smaller carriers struggle to afford replacing aging truck fleets. Finally, we address critical regulatory changes related to risk and driver welfare, starting with the Department of Transportation launching a major crackdown on cargo theft after a spike of more than 90% between 2021 and 2024. New legislation is also moving fast to ban predatory lease-purchase programs, which were concluded by an FMCSA task force to be "irredeemable tools of fraud and driver oppression" that shift the financial burden onto drivers. Learn more about your ad choices. Visit megaphone.fm/adchoices

AI investment is exploding: the “Magnificent Seven” of Apple, Microsoft, Google, Amazon, Meta, Tesla, and NVIDIA, are ploughing almost 7% of US GDP into AI and data centres. That's the same scale as the US housing boom in 2006, and greater than the dot-com bubble at its peak. Today, just seven firms make up 34% of the S&P 500, the highest concentration in history. Earnings per share in these companies grew 37% last year, compared to just 6% in the rest of the index. But history warns us, RCA in the 1920s, dot-coms in the 1990s, that transformative technologies can change the world while destroying fortunes. The question now: is AI the next revolution, or the next bubble waiting to burst? Hosted on Acast. See acast.com/privacy for more information.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Ag Economy6:57 Soybean Hit Piece9:58 SREs11:15 Grain Standards Act12:13 Cattle Selloff14:03 BLS Data (Jobs)

Sometimes the best business stories start with a simple "why not?" That's exactly what happened when Luke Petherbridge, a Sydney-raised finance guy, got asked if he'd consider moving to Cleveland, Ohio. Fast-forward a few years, and he's now running Link - one of America's largest logistics operations with 1,100 staff, 3,500 buildings, and a staggering statistic: roughly 5% of US GDP flows through their facilities. In this month's Troubleshooters episode, we cover: • How the "last mile" revolution transformed logistics (and why your morning Amazon order arrives the same afternoon) • The career lessons Luke learned during his baptism of fire at the GFC - and why he tells his younger self that "character is forged in crisis" • How Link navigated COVID-19 while hiring 400+ people virtually and turning potential disaster into rocket-ship growth • The three ways Luke's team is deploying AI across their platform (spoiler: it's not what most businesses are doing) • Why Luke believes being "open to yes" and maintaining curiosity are the keys to building something meaningful The post Luke Petherbridge first appeared on Oasis Partners.

FAN MAIL--We would love YOUR feedback--Send us a Text MessageGermany's defeat in World War II wasn't merely a matter of battlefield losses but rather a predictable outcome rooted in fundamental strategic, economic, and leadership failures. Drawing from Victor Davis Hanson's masterful analysis in "The Second World Wars," this episode reveals the three decisive factors that sealed Nazi Germany's fate from the beginning.The first fatal flaw was Germany's profound economic weakness. Despite creating Europe's most formidable military machine, Germany simply lacked the industrial capacity to sustain a global conflict against enemies with vastly superior resources. The production disparities were staggering—by 1945, America's GDP alone exceeded all Axis powers combined. While German engineers developed advanced weapons, their resource constraints prevented effective mass production, creating an insurmountable disadvantage against Allied manufacturing might.Hitler's strategic overreach represents perhaps his most catastrophic error. After succeeding in limited border wars against weaker European states between 1939-1941, Hitler transformed what should have remained regional conflicts into a global war Germany couldn't possibly win. The critical turning point came with Operation Barbarossa in June 1941—invading the Soviet Union while still fighting Britain—a decision Hanson calls "probably the biggest blunder in military history." When Hitler then declared war on America following Pearl Harbor, he ensured Germany would face enemies whose combined population and industrial capacity made Allied victory mathematically inevitable.Most damning was Hitler's own strategic incompetence. Having never visited America, Britain, or Russia, he made decisions based on maps rather than understanding of terrain, climate, or logistics. He routinely overruled his generals, diverted resources from military objectives to implement the Holocaust, and relied on emotional fantasy rather than strategic reality. As Hanson notes, Hitler had "no blueprint to end the war-making power" of his enemies, dooming Germany from the moment he abandoned limited objectives for impossible global ambitions. Key Points from the Episode:• Economic weakness and limited industrial capacity made Germany unable to sustain a prolonged global conflict• By 1945, US GDP alone exceeded all Axis powers combined, creating an insurmountable production advantage• Operation Barbarossa created a fatal two-front war while Germany was still fighting Britain• Hitler's declaration of war against America brought the world's largest industrial power into the conflict• German forces lacked critical resources, especially oil, while facing enemies with superior manufacturing capabilities• Hitler had never visited America, Britain or Russia - the very countries he chose to fight• Resources were diverted from military objectives to implement the Holocaust• Germany's early victories (1939-1941) created a dangerous illusion of invincibility• The war was preventable, facilitated by Soviet collusion, American isolationism, and British-French appeasement• Once Allied industrial potential fully mobilized by 1942-43, Germany's defeat was mathematically certainBe sure to check out our show page at teammojoacademy.com, where we have everything we discussed in this podcast, as well as other great resources.Other resources: Liberty Minute #62--An Empire of WealthWant to leave a review? Click here, and if we earned a five-star review from you **high five and knuckle bumps**, we appreciate it greatl

US Treasury Secretary Bessent reiterated that there are 11 strong Fed chair candidates, while he added they will start interviews after Labor Day and present a shortlist to President Trump.NVIDIA (-3.1%) shares were pressured post-earnings despite beating on top and bottom lines, as its revenue guidance was not as strong as some were hoping for and with questions remaining regarding chip sales to China.White House trade advisor Navarro said India can get 25% off tariffs if it stops buying Russian oil.APAC stocks were predominantly higher but with mixed trade seen throughout the session; European equity futures indicate a flat/mildly higher cash market open with Euro Stoxx 50 futures up 0.1% after the cash market finished with gains of 0.2% on Wednesday.Looking ahead, highlights include Swiss GDP (Q2), EZ Sentiment Survey (Aug), US GDP 2nd Estimate (Q2), PCE (Q2), Jobless Claims, ECB Minutes, Speech from Fed's Waller, Supply from Italy & US, Earnings from Marvell, Dell, ULTA Beauty, Best Buy & Pernod Ricard.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses erase early morning strength; NVIDIA (-1.9% pre-market) post-earnings.NVIDIA shares are pressured in pre-market trade despite beating on top and bottom lines, as its revenue guidance was not as strong as some were hoping for and with questions remaining regarding chip sales to China.USD is flat in quiet trade as FX majors trade in narrow ranges awaiting the next catalyst.Bonds see lacklustre trade in quiet newsflow as USTs eye 7yr supply and data.Crude choppy, gold on either side of USD 3,400/oz, base metals are mixed in narrow ranges.Looking ahead, US GDP 2nd Estimate (Q2), PCE (Q2), Jobless Claims, ECB Minutes, Speech from Fed's Waller, Supply from the US, Earnings from Marvell, Dell, ULTA Beauty, Best Buy.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

August may be a seasonally-weaker month for markets, but for Summer Weather in Texas, it's hot! Lance shares weekend wedding events, and previews this week's economic data reports: Will inflation stoked by tariffs appear in the numbers? The only question that matters to investors his how the news will affect forward earnings estimates. There is now a 90% probability of a Fed rate cut by September; much will hinge on this week's CPI, PPI, and Retail Sales data. Lance reviews the similarities and differences between the Dot Com bubble and the AI boom. (Lance's ADD is triggered by a story on a TV monitor about adult pacifiers.) Revenues are key to economic growth, and employment is critical. Commentary on debts, deficits, and student loan defaults. Markets are sitting in a contraction zone: 80% of market is not growing. Global growth forecasts are dismal; debt is not the problem. Debts and deficits are a feature of the economy, not a bug. SEG-1a: August Weather & Weddings in Texas SEG-1b: CPI, PPI, & Retail Sales: Will Tariff Inflation Show Up? SEG-2a:The Only Question That Matters - How Does it Affect Earnings? SEG-2b: AI Today is a Lot Like 1999 SEG-2c: Adult Pacifier Distraction SEG-2d: Revenue is What Generates Earnings SEG-2e: Wage Growth Isn't Increasing SEG-2f: IMF Growth Projections SEG-2g: The Debt & Deficits Problem Isn't What You Think Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=Fszx_pdp-sA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- Articles mentioned in this report: "US Economic Growth Shows Cracks" https://realinvestmentadvice.com/resources/blog/us-economic-growth-shows-cracks/ "Meme Stock Trading & Livermore's Approach To Speculation" https://realinvestmentadvice.com/resources/blog/meme-stock-trading-livermores-approach-to-speculation/ ------- The latest installment of our new feature, Before the Bell, "Markets are Set Up for Correction" is here: https://www.youtube.com/watch?v=ajVPyWtMA9I&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "What Would a 20% Social Security Reduction Mean for Your Retirement?" https://www.youtube.com/watch?v=2eRpXL4yYQI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=55s ------- Register for our next Candid Coffee, "Savvy Social Security Planning," August 23, 2025: https://streamyard.com/watch/pbx9RwqV8cjF ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #MarketRally #AllTimeHighs #USDollar #Gold #USEconomy #EconomicGrowth #MarketOutlook #GDPTrends #RecessionRisk #InvestingAdvice #Money #Investing

August may be a seasonally-weaker month for markets, but for Summer Weather in Texas, it's hot! Lance shares weekend wedding events, and previews this week's economic data reports: Will inflation stoked by tariffs appear in the numbers? The only question that matters to investors his how the news will affect forward earnings estimates. There is now a 90% probability of a Fed rate cut by September; much will hinge on this week's CPI, PPI, and Retail Sales data. Lance reviews the similarities and differences between the Dot Com bubble and the AI boom. (Lance's ADD is triggered by a story on a TV monitor about adult pacifiers.) Revenues are key to economic growth, and employment is critical. Commentary on debts, deficits, and student loan defaults. Markets are sitting in a contraction zone: 80% of market is not growing. Global growth forecasts are dismal; debt is not the problem. Debts and deficits are a feature of the economy, not a bug. SEG-1a: August Weather & Weddings in Texas SEG-1b: CPI, PPI, & Retail Sales: Will Tariff Inflation Show Up? SEG-2a:The Only Question That Matters - How Does it Affect Earnings? SEG-2b: AI Today is a Lot Like 1999 SEG-2c: Adult Pacifier Distraction SEG-2d: Revenue is What Generates Earnings SEG-2e: Wage Growth Isn't Increasing SEG-2f: IMF Growth Projections  SEG-2g: The Debt & Deficits Problem Isn't What You Think Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=Fszx_pdp-sA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- Articles mentioned in this report: "US Economic Growth Shows Cracks" https://realinvestmentadvice.com/resources/blog/us-economic-growth-shows-cracks/ "Meme Stock Trading & Livermore's Approach To Speculation" https://realinvestmentadvice.com/resources/blog/meme-stock-trading-livermores-approach-to-speculation/ ------- The latest installment of our new feature, Before the Bell, "Markets are Set Up for Correction" is here:  https://www.youtube.com/watch?v=ajVPyWtMA9I&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "What Would a 20% Social Security Reduction Mean for Your Retirement?" https://www.youtube.com/watch?v=2eRpXL4yYQI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=55s ------- Register for our next Candid Coffee, "Savvy Social Security Planning," August 23, 2025: https://streamyard.com/watch/pbx9RwqV8cjF ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketCorrection #MarketRally #AllTimeHighs #USDollar #Gold #USEconomy #EconomicGrowth #MarketOutlook #GDPTrends #RecessionRisk #InvestingAdvice #Money #Investing

Will the stock market crash? With the market continuing to march higher and setting record high after record high, I do worry more and more that a crash could be coming. It doesn't mean it will happen tomorrow, next week, or maybe even this year, but I do believe the risk to reward of investing in the S&P 500 at this point is not favorable when you take all the data into consideration. I have talked a lot about the fact that the top 10 companies now account for nearly 40% of the entire index and the forward P/E multiple of around 22x is well above the 30-year average of 17x, but there are also less discussed factors that are quite concerning. There is something called the Buffett Indicator that looks at the total US stock market value compared to US GDP. Buffet even made the claim at one point that this was “the best single measure of where valuations stand at any given moment." The problem here is that it now exceeds 200%, which is a historic high and well above even the tech boom when it peaked around 150%. Another concerning measure is the Shiller PE ratio, which looks at the average inflation-adjusted earnings from the previous 10 years in relation to the current price of the index. This is now at a multiple around 39x, which is well above the 30-year average of 28.3 and at a level that was only seen during the tech boom. While valuation isn't always the best indicator for what will happen in the next year, it has proven to be a successful tool for long term investing. Unfortunately, valuations aren't my only concern. Margin expansion is even more frightening as the reliance on debt can derail investors. Margin allows investors to buy stocks with debt, but the big problem is if there is a decline and a margin call comes the investor would either have to add more cash or make sells, which causes a further decline in the stock due to added selling pressure. Margin debt has now topped $1 trillion, which is a record, and it has grown very quickly considering there was an 18% increase in margin usage from April to June. This was one of the fastest two month increases on record and rivals the 24.6% increase in December 1999 and the 20.3% increase in May 2007. In case you forgot, both of the periods that followed did not end well for investors. Looking at margin as a share of GDP, it is now higher than during the dot-com bubble and near the all-time high that was reached in 2021. One other concern with the margin level is it does not include securities-based loans, which is another tool that leverages stock positions and if there is a decline could cause added selling pressure. Unfortunately, this data is not as easy to find since they are lumped in with consumer credit. The most recent estimate I could find was in Q1 2024, they totaled $138 billion and with the risk on mentality that has occurred, my assumption is the total would be even higher now. We have to remember that we now are essentially 18 years into a market that has always had a buy the dip mentality. Even pullbacks that occurred in 2020 and 2022 saw rebounds take place quite quickly. This has created a generation of investors that have not actually experienced a difficult market. I always encourage people to study the tech boom and bust as it was devastating for investors. The S&P 500 fell 49% in the fallout from the dotcom bubble and it took about 7 years to recover. Investors in the Nasdaq fared even worse as they saw a 79% drop and it took 15 years to get back to those record levels. Unfortunately, this isn't the only historical period that saw difficult returns. If you look back to the start of 1964, the Dow was at 874 and by the end of 1981 it gained just one point to 875. This was an extremely difficult period that saw Vietnam War spending, stagflation, and oil shocks, but it again illustrates that difficult markets with little to no advancement can occur. So, with all of this, how are we investing at this time? We are maintaining our value approach, which generally holds up much better in difficult markets. For comparison, the Russell 1000 Value index was actually up 7% in 2000 while the Russell 1000 Growth index fell 22.4% that year. We are also maintaining our highest cash position around 25% since at least 2007.  I continue to believe there are opportunities for investors, it just requires discipline and patience. One other person remaining patient at this time is Warren Buffett. Berkshire now has near a record cash hoard of $344.1 billion and the conglomerate has been a net seller of stocks for the 11th quarter in a row. I'd rather follow people like Buffett at times like this over the Meme traders that have become popular once again.   Consumers are doing a better job managing their credit card debt  Data released by Truist Bank analysts show that card holders of both higher and lower scores are doing a better job paying their bills on time. This is based on a drop in the rate of late payments from last quarter. Also improving is debt servicing payments as a percent of consumers disposable personal income. The first quarter shows debt-servicing payments were roughly 11% of disposable income, which is a strong ratio to see considering that level is below what was typical before the start of 2020 and it's far below the 15%-plus levels that were seen leading up to the Great Recession in 2008. According to Fed data, card loan growth was only 3% year over a year, which could be due to lenders increasing their credit standards. Stricter standards also made it more difficult for subprime borrowers to obtain new credit cards considering the fact that as a share of new card accounts, this category accounted for just 16% of all new accounts. This was down roughly 7% from the last quarter in 2022 when it was 23%. Consumers may also be more aware of the high interest costs considering rates stood at 22% as of May. There has been a decrease in rates from the peak last year, but Fed data reveals before interest rates began rising in 2022 interest rates stood at 16% for card accounts. If the Fed were to drop rates a couple of times between now and the end of the year, we could see a small decline in the rate. With that said borrowing money on a credit card and accruing interest is a terrible idea as even a 16% rate would not be worth it!    Real estate investors may be supporting the real estate market. This may sound like a good thing, but this could be dangerous long-term since investors don't live at the property. It would be far easier for them to default on the mortgage and let the house go into foreclosure or sell at a price well below market value just to get their investment back. So far in 2025 investors have accounted for roughly 30% of sales of both existing and newly built homes, which is the highest share on record. This is according to property analytics firm Cotality and they started tracking the sales 14 years ago. Most of these investors were small investors, who own fewer than 100 homes as they accounted for roughly 25% of all purchases. This compares to large investors which accounted for only 5% of purchases of new and existing homes. Within the small investor space, the stronger category is those with just 3-9 properties as this group has accounted for between 14 and 15% of all sales each month this year. The data also shows that the large investors like Invitation Homes and Progress Residential have become net sellers in the market and are selling more properties than they are buying. This is likely due to reduced rents from the high competition in the rental market and a softening of the overall real estate market in certain areas that has not provided the expected return that they wanted. I do worry that the small investor here has less access to good data and is less disciplined with their investment strategy. They are likely buying homes because real estate has been a good investment for the last several years, but if the market were to turn, they would be more likely to panic and sell and they may not have the means to continue holding the real estate. I do believe if interest rates remain, housing prices could remain stable or perhaps even drop a little bit. It's important to remember long term mortgage rates generally stem from longer term debt instruments like a 10-year Treasury, rather than the short-term discount rate set by the Fed.   Financial Planning: When and How a Refinance is Helpful After several years of elevated mortgage rates, steady declines have made more homeowners candidates for refinancing, but a smart decision requires looking beyond the headline interest rate. The first question is whether the refinance actually reduces the rate, and if so, what third-party closing costs and discount points are involved. Every mortgage carries these costs, and paying points may not make sense if rates are expected to fall further and another refinance could be on the horizon, especially since few 30-year mortgages last their full term before a sale or another refi. The structure of the new loan also matters: should costs be paid upfront or rolled into the loan balance, and how long will the loan likely be kept? The real goal is to borrow at the lowest overall cost over the life of the loan, factoring in both the rate and the cost to obtain it. A lower rate and payment may feel like a win, but without careful structuring, it may not be the most cost-effective move, something mortgage brokers often overlook when focusing solely on rate reduction. Here's a real example from just last week. A homeowner with a $580,000 mortgage at 6.875% and a $3,900 monthly payment has the opportunity to refinance to 5.5%, lowering the payment to $3,500 with no additional cash due at closing, and saving roughly $80,000 in total interest over the life of the loan. At first glance, this looks like a no-brainer. However, this structure would only be ideal if the homeowner never had another chance to refinance, which is unlikely given their current rate of 6.875%. In this case, all costs were rolled into a new loan balance of $616,000—an increase of $36,000—explaining why no cash was required at closing. A better approach might be to refinance to a rate only slightly lower than 6.875%, still reducing both the monthly payment and lifetime interest, but without dramatically increasing the loan balance by rolling in discount point costs. Refinances can continue as long as rates are expected to decline, and the best time to pay points is in a “final” refinance when rates are no longer expected to drop so the benefit can be locked in for the long term.   Companies Discussed: Carrier Global Corporation (CARR), Polaris Inc. (PII) & Align Technology, Inc. (ALGN)

Meta, Microsoft, Google, and Amazon are pouring nearly $400B into AI infrastructure this year—more than the EU's defense budget and over 1% of US GDP. This wave rivals the fiber boom of the '90s and now outpaces consumer spending in driving US growth. Wall Street's tone has flipped, with Microsoft and Meta showing real AI revenue, while Google navigates supply limits and Amazon draws fire for moving slowly. It's a new era where infrastructure—not just code—defines dominance.Brought to you by:KPMG – Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://kpmg.com/ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more about how KPMG can help you drive value with our AI solutions.Blitzy.com - Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://blitzy.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to build enterprise software in days, not months AGNTCY - The AGNTCY is an open-source collective dedicated to building the Internet of Agents, enabling AI agents to communicate and collaborate seamlessly across frameworks. Join a community of engineers focused on high-quality multi-agent software and support the initiative at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠agntcy.org ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Vanta - Simplify compliance - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://vanta.com/nlw⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Plumb - The automation platform for AI experts and consultants ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://useplumb.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Agent Readiness Audit from Superintelligent - Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://besuper.ai/ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠to request your company's agent readiness score.The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614Subscribe to the newsletter: https://aidailybrief.beehiiv.com/Join our Discord: https://bit.ly/aibreakdownInterested in sponsoring the show? nlw@breakdown.network

 Today's show dives into Trump's latest multi-country tariff war. What's the latest for August, a critical month. Latest Japan & EU deals as 'templates'.  Trump's phony announcement of both countries to invest $17 trillion in USA. Political tariffs attack on India, Brazil and BRICS. Russia 100%. Trump's retreat on China. What's up with Mexico & Canada? Key dates of August 8, 12.  Second half of show discusses latest US GDP numbers for April-June. Why US growth is NOT 3% but closer to 1% and the US economy is sliding toward stagnation or even recession. Why Trump's Big Bill on Taxes and Tariffs are a drag on US economic growth.

This episode examines the unprecedented global capital expenditure in Artificial Intelligence (AI) infrastructure. It quantifies this investment, currently estimated at approximately £410 billion annually, highlighting that this "Silicon Stimulus" is significantly propping up US GDP growth, masking underlying economic weaknesses.The report draws parallels with historical infrastructure booms like the 19th-century railroad expansion and the dot-com era's telecom buildout, noting that the AI boom's scale already surpasses the latter. A critical distinction is the short lifespan of AI hardware, particularly GPUs, which have an effective useful life of only one to three years, creating a "Capital Maintenance Trap" that necessitates continuous, massive investment.

Bank of Canada Holds rates again. Powell refuses to cut rates despite political pressures. US GDP comes in stronger than expected. Real Estate developers ask PM Carney to remove foreign buyer ban. Is Canadian media compromised by the CCP?Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit https://www.neighbourhoodholdings.com/looniehour to learn more!The Loonie Hour team is currently looking for a full-time content manager / social media curator! Email your application to looniehourjobs@gmail.com if you're interested!

Will Anthony Richardson be the Colts starting QB? Islamic State militant group claimed responsibility for a deadly attack that had killed at least 43 worshippers during a night mass at a church in eastern Congo. US and Chinese officials agreed to seek an extension of their 90-day tariff truce. Kevin O'Leary: Use any excess capital to reduce the national debt. That is the most important thing. US GDP increasing at a 3% annualized rate, largely due to trade swingsSee omnystudio.com/listener for privacy information.

Tsunami hits Hawaii (no damage reported). White House Considers 'Pocket Rescissions' To Sidestep Congress: What To Know. Why is the Senate slow rolling judicial confirmations? Place your bets: Rates will probably hold. Katy Perry & Justin Trudeau out on a date. Of course, Gov. Hochul uses the NYC attack to push for gun control. Cincinnati Racial attack is not being covered by the MSM because it was racial. IMPD Officer Shot, Three Suspects Arrested, One is At Large. CHUCK SCHUMER FUMES: "If you don't think they wanna revert to Jim Crow, just look what they did in the SAVE Act! Skull refrigerator for sale on the Marketplace. The Democratic party already have a pre-October 7th mindset. New York Times stunningly rolls back claims about viral photo of starving Gaza boy. Megyn Kelly wants Israel to "wrap it up". Will Anthony Richardson be the Colts starting QB? Islamic State militant group claimed responsibility for a deadly attack that had killed at least 43 worshippers during a night mass at a church in eastern Congo. US and Chinese officials agreed to seek an extension of their 90-day tariff truce. Kevin O'Leary: Use any excess capital to reduce the national debt. That is the most important thing. US GDP increasing at a 3% annualized rate, largely due to trade swingsSee omnystudio.com/listener for privacy information.

Join OANDA Senior Market Analysts & podcast guest Nick Syiek (TraderNick) as they review the latest market news and moves. MarketPulse provides up-to-the-minute analysis on forex, commodities and indices from around the world. MarketPulse is an award-winning news site that delivers round-the-clock commentary on a wide range of asset classes, as well as in-depth insights into the major economic trends and events that impact the markets. The content produced on this site is for general information purposes only and should not be construed to be advice, invitation, inducement, offer, recommendation or solicitation for investment or disinvestment in any financial instrument. Opinions expressed herein are those of the authors and not necessarily those of OANDA or any of its affiliates, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, please access the RSS feed or contact us at info@marketpulse.com. © 2023 OANDA Business Information & Services Inc.

Sasfin's David Shapiro runs us through the day's market moves, the rand, US GDP, interest rate expectations, the oil price, concerns over global tariffs, and the gold price. SAfm Market Update - Podcasts and live stream

In this episode of SB Talks, CEO Vincent O'Neill and CIO Nick Ryder unpack the latest US-EU trade deal and what it could mean for international markets. They break down the highlights from US earnings season, who is outperforming and where the cracks are showing. Over in Australia, fresh employment data could shake up the Reserve Bank's next decision. Plus, we're gearing up for a big week of economic releases: US GDP, a closely watched Fed meeting, and Australia's inflation readout.   Music provided by: Autumn Trumpet Background Corporate by LesFM | https://lesfm.net/ Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/by/3.0/

US President Donald Trump on Saturday threatened to impose a 30 percent tariff on imports from Mexico and the European Union starting on August first, as experts warn that trade disputes and policy shifts are putting the global economy under strain.美国总统唐纳德·特朗普周六威胁要从8月1日开始对来自墨西哥和欧盟的进口商品征收30%的关税，因为专家警告说，贸易争端和政策转变正在使全球经济面临压力。In an escalation of a trade war that has angered allies and rattled investors, Trump announced the latest tariffs in separate letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum that were posted on his Truth Social platform on Saturday.在一场激怒了盟友并让投资者感到不安的贸易战升级中，特朗普在周六发布在其Truth Social平台上的分别致欧盟委员会主席乌尔苏拉·冯德莱恩和墨西哥总统克劳迪娅·谢恩鲍姆的信中宣布了最新的关税。Both partners swiftly slammed the new duties, with the EU warning they could disrupt supply chains while Mexico branded them an "unfair deal".双方都迅速抨击了新关税，欧盟警告称，这些关税可能会扰乱供应链，而墨西哥则称其为“不公平协议”。French President Emmanuel Macron expressed "very strong disapproval" of the step and called on the EU to "resolutely defend European interests".法国总统埃马纽埃尔·马克龙对这一举措表示“强烈反对”，并呼吁欧盟“坚决捍卫欧洲利益”。Trump sent similar letters to 23 other trading partners last week, including Canada, Japan and Brazil, setting blanket tariff rates ranging from 20 percent up to 50 percent, as well as a 50 percent tariff on copper.特朗普上周向包括加拿大、日本和巴西在内的其他23个贸易伙伴发出了类似的信函，设定了从20%到50%的一揽子关税税率，以及对铜征收50%的关税。The 30 percent rate was "separate from all sectoral tariffs", he said, indicating that 50 percent levies on steel and aluminum imports and a 25 percent tariff on auto imports would remain.他说，30%的税率“与所有行业关税分开”，表明对钢铁和铝进口征收50%的关税，对汽车进口征收25%的关税。Trump's letter to the EU included a demand that Europe drop its own tariffs. "The European Union will allow complete, open market access to the United States, with no tariff being charged to us, in an attempt to reduce the large trade deficit," he wrote.特朗普给欧盟的信中要求欧洲取消自己的关税。他写道：“欧盟将允许美国完全、开放的市场准入，不向我们征收关税，以减少巨额贸易逆差。”。Von der Leyen said the 30 percent tariffs "would disrupt essential trans-Atlantic supply chains, to the detriment of businesses, consumers and patients on both sides of the Atlantic".冯德莱恩表示，30%的关税“将扰乱重要的跨大西洋供应链，损害大西洋两岸的企业、消费者和患者”。She also said that while the EU will continue to work toward a trade agreement, it "will take all necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures if required".她还表示，尽管欧盟将继续努力达成贸易协定，但“将采取一切必要措施维护欧盟利益，包括在必要时采取相称的反制措施”。The Mexican government said it had been informed of the new threat during talks in the US on Friday.墨西哥政府表示，周五在美国举行的会谈中已获悉这一新威胁。"We mentioned at the table that it was an unfair deal and that we did not agree," the Mexican economy and foreign ministries said in a joint statement.墨西哥经济部和外交部在一份联合声明中表示：“我们在会议上提到，这是一项不公平的协议，我们不同意。”。Steven Kamin, a senior fellow at the American Enterprise Institute and former Federal Reserve official, said these anti-trade policies of the Trump administration are dragging down US growth to 1.4 percent this year from 2.8 percent last year.美国企业研究所高级研究员、前美联储官员史蒂文·卡明表示，特朗普政府的这些反贸易政策正在将美国今年的经济增长率从去年的2.8%降至1.4%。"The Trump tariffs, which probably amount to about 15 percentage points higher than before Trump entered office, are a big contributor to the declining global growth,"“特朗普的关税可能比特朗普上任前高出约15个百分点，是全球经济增长下滑的一大原因。”Kamin said at a panel discussion hosted by the Washington-based Brookings Institution in partnership with the World Bank on Thursday.卡明周四在华盛顿布鲁金斯学会与世界银行联合主办的小组讨论会上说。He estimated the tariffs' direct hit at about 1 percent of US GDP but warned that retaliatory tariffs and falling investment could make things worse.他估计，关税的直接影响约为美国国内生产总值的1%，但警告说，报复性关税和投资下降可能会使情况变得更糟。The US economy has been holding up, he said. However, he raised concerns about Trump's protectionist approach, which has led to a 10 percent drop in the dollar's value this year. "It may reflect investor dismay with Trump's policies," Kamin said.他说，美国经济一直保持稳定。然而，他对特朗普的保护主义政策表示担忧，该政策导致今年美元贬值10%。“这可能反映了投资者对特朗普政策的失望，”卡明说。Ayhan Kose, deputy chief economist at the World Bank and a nonresident senior fellow at Brookings, introduced the main points from the World Bank's June 2025 Global Economic Prospects report, which says global growth is expected to drop to 2.3 percent this year, down 0.4 percentage points from January forecasts.世界银行副首席经济学家、布鲁金斯学会非居民高级研究员M.Ayhan Kose介绍了世界银行2025年6月《全球经济展望》报告的要点，该报告称，今年全球经济增长预计将降至2.3%，比1月份的预测低0.4个百分点。"There's much to cover, given the policy shifts, global deals, and unfolding developments," Kose said, noting that rising trade barriers, policy uncertainty, and financial market swings are driving the slowdown.Kose表示：“鉴于政策转变、全球交易和不断发展的事态，有很多事情要做。”他指出，贸易壁垒的增加、政策的不确定性和金融市场的波动正在推动经济放缓。Global trade growth is forecast to slide to 1.8 percent this year from last year's 3.4 percent, fueled by higher tariffs and uncertainty, he added.他补充道，在关税上调和不确定性的推动下，预计今年全球贸易增长率将从去年的3.4%降至1.8%。Debora Revoltella, chief economist at the European Investment Bank, said she saw a chance to shine despite global headwinds in Europe. She projected European growth at 1.5 percent this year, with tariffs trimming about 0.3 percent.欧洲投资银行首席经济学家Debora Revoltella表示，尽管欧洲面临全球逆风，但她看到了发光的机会。她预计今年欧洲经济增长率为1.5%，关税削减约0.3%。"I think at this moment, there is a strong sense of a unique opportunity for Europe after many years of lost opportunity," Revoltella said, pointing out that with a trade openness of 45 percent compared with 25 percent for the US, Europe is pushing trade deals with regions such as South America, India and Indonesia.Revoltella表示：“我认为，在多年失去机会之后，欧洲现在有一种强烈的独特机会感。”他指出，欧洲的贸易开放度为45%，而美国为25%，欧洲正在推动与南美、印度和印度尼西亚等地区的贸易协议。trade disputesn.贸易争端/treɪd dɪˈspjuːts/trade deficitn.贸易赤字/treɪd ˈdɛfɪsɪt/

Troy Helming is building the future of infrastructure with EarthGrid, a company developing an underground super grid network of tunnels across North America using revolutionary plasma torch technology. As a serial entrepreneur who founded two unicorns in the renewable energy space, Troy brings decades of experience in wind and solar power to solving one of the most critical infrastructure challenges of our time. EarthGrid has raised $63 million and secured an $18 billion joint venture commitment from the Kuwait Investment Authority to build 10,000 miles of underground tunnels over the next decade. Topics Discussed: EarthGrid's mission to build an underground super grid network using plasma torch excavation technology The massive infrastructure challenge of transmission line development in the United States Troy's journey from early solar exposure 45 years ago to founding multiple renewable energy companies The regulatory breakthrough of becoming a telecommunications utility in 46 states Overcoming the "supply problem, not demand problem" with over 20,000 potential customers in their pipeline The $18 billion joint venture with Kuwait Investment Authority's Enertech subsidiary Plasma torch technology's ability to cut through hard granite and other materials conventional machines cannot handle The vision for moving freight and eventually people through underground tunnel networks GTM Lessons For B2B Founders: Choose industries with structural supply-demand imbalances: Troy has successfully built three consecutive companies where demand far exceeds supply, eliminating the need for traditional sales teams. He specifically targets infrastructure sectors where "the need is so acute and there aren't that many companies doing it, and the ones that are, the demand exceeds the supply." B2B founders should research industries with massive unmet demand and limited competition, particularly in infrastructure where the barriers to entry are high but the market need is desperate. Solve regulatory risks early through strategic positioning: Rather than fighting regulatory battles, Troy transformed EarthGrid into a regulated telecommunications utility, gaining rights to build under public roads in 46 states representing 97% of US GDP. This strategic move eliminated the primary risk factor that kills most infrastructure projects. B2B founders should identify their biggest regulatory or compliance risks early and find creative ways to work within existing frameworks rather than against them. Build resilience through failure conditioning: Troy's experience with rock climbing and American Ninja Warrior taught him to "overcome the fear of people looking at you when you might fail" and to "shake it off, get back up and go again." After pitching over 2,000 times with a 97% rejection rate, he learned to treat fundraising as a numbers game rather than personal rejection. B2B founders should actively seek experiences that condition them for repeated failure, whether through athletics, public speaking, or other challenging pursuits that build mental resilience. Validate demand before building supply: EarthGrid already has "close to 20,000 potential customer contacts" and over 50 signed letters of intent before fully commercializing their technology. Troy validates market demand through extensive research and customer outreach before investing in full product development. B2B founders should spend significant time understanding their market's pain points and securing early customer commitments before building complex solutions. Leverage personal capital for strategic advantage: Troy's ability to "wait to start your company until you have enough money in the bank" prevents short-term financial pressures from forcing poor strategic decisions. His personal investment in EarthGrid (part of the $63 million raised) demonstrates commitment to investors while providing operational flexibility. B2B founders should consider how personal financial runway affects their ability to make optimal long-term decisions rather than being forced into suboptimal short-term choices.   //   Sponsors: Front Lines — We help B2B tech companies launch, manage, and grow podcasts that drive demand, awareness, and thought leadership. www.FrontLines.io The Global Talent Co. — We help tech startups find, vet, hire, pay, and retain amazing marketing talent that costs 50-70% less than the US & Europe.  www.GlobalTalent.co   //   Don't Miss: New Podcast Series — How I Hire Senior GTM leaders share the tactical hiring frameworks they use to build winning revenue teams. Hosted by Andy Mowat, who scaled 4 unicorns from $10M to $100M+ ARR and launched Whispered to help executives find their next role. Subscribe here: https://open.spotify.com/show/53yCHlPfLSMFimtv0riPyM   

Opinionated Design: Early Reactions to Apple's Liquid Glass Design Language Big Tech Is Dealing Flat Design a Death Blow Apple gets over its hang-ups, and the iPad enters a new era Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade Apple's de-chatbot-ification of AI is nearly complete Google launches Android 16, rolling out now to Pixel Google offers voluntary buyouts to US staff across several businesses and units, including the one housing its core search team and much of the ads organization IBM aims to build the world's first large-scale, error-corrected quantum computer by 2028 Blue Origin Delays Second New Glenn Launch Anne Wojcicki Wins Bidding for 23andMe Twenty-seven states and DC sue 23andMe to oppose the sale of DNA data from its customers without their direct consent YouTube says its ecosystem created 490K jobs and added $55B to the US GDP in 2024 God is hungry for Context: First thoughts on o3 pro Army reserve tech executives meta palantir Nintendo Switch 2 Is Fastest-Selling Game Console of All Time - Slashdot An Experimental New Dating Site Matches Singles Based on Their Browser Histories Anker recalls 1.1 million power banks due to fire hazard risk Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns Bald eagle live cam update: Babies are leaving nest. What's next? Host: Leo Laporte Guests: Jason Hiner, Harry McCracken, and Jason Snell Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: oracle.com/twit Melissa.com/twit drata.com/weekintech expressvpn.com/twit zscaler.com/security

Opinionated Design: Early Reactions to Apple's Liquid Glass Design Language Big Tech Is Dealing Flat Design a Death Blow Apple gets over its hang-ups, and the iPad enters a new era Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade Apple's de-chatbot-ification of AI is nearly complete Google launches Android 16, rolling out now to Pixel Google offers voluntary buyouts to US staff across several businesses and units, including the one housing its core search team and much of the ads organization IBM aims to build the world's first large-scale, error-corrected quantum computer by 2028 Blue Origin Delays Second New Glenn Launch Anne Wojcicki Wins Bidding for 23andMe Twenty-seven states and DC sue 23andMe to oppose the sale of DNA data from its customers without their direct consent YouTube says its ecosystem created 490K jobs and added $55B to the US GDP in 2024 God is hungry for Context: First thoughts on o3 pro Army reserve tech executives meta palantir Nintendo Switch 2 Is Fastest-Selling Game Console of All Time - Slashdot An Experimental New Dating Site Matches Singles Based on Their Browser Histories Anker recalls 1.1 million power banks due to fire hazard risk Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns Bald eagle live cam update: Babies are leaving nest. What's next? Host: Leo Laporte Guests: Jason Hiner, Harry McCracken, and Jason Snell Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: oracle.com/twit Melissa.com/twit drata.com/weekintech expressvpn.com/twit zscaler.com/security

Opinionated Design: Early Reactions to Apple's Liquid Glass Design Language Big Tech Is Dealing Flat Design a Death Blow Apple gets over its hang-ups, and the iPad enters a new era Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade Apple's de-chatbot-ification of AI is nearly complete Google launches Android 16, rolling out now to Pixel Google offers voluntary buyouts to US staff across several businesses and units, including the one housing its core search team and much of the ads organization IBM aims to build the world's first large-scale, error-corrected quantum computer by 2028 Blue Origin Delays Second New Glenn Launch Anne Wojcicki Wins Bidding for 23andMe Twenty-seven states and DC sue 23andMe to oppose the sale of DNA data from its customers without their direct consent YouTube says its ecosystem created 490K jobs and added $55B to the US GDP in 2024 God is hungry for Context: First thoughts on o3 pro Army reserve tech executives meta palantir Nintendo Switch 2 Is Fastest-Selling Game Console of All Time - Slashdot An Experimental New Dating Site Matches Singles Based on Their Browser Histories Anker recalls 1.1 million power banks due to fire hazard risk Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns Bald eagle live cam update: Babies are leaving nest. What's next? Host: Leo Laporte Guests: Jason Hiner, Harry McCracken, and Jason Snell Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: oracle.com/twit Melissa.com/twit drata.com/weekintech expressvpn.com/twit zscaler.com/security

Opinionated Design: Early Reactions to Apple's Liquid Glass Design Language Big Tech Is Dealing Flat Design a Death Blow Apple gets over its hang-ups, and the iPad enters a new era Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade Apple's de-chatbot-ification of AI is nearly complete Google launches Android 16, rolling out now to Pixel Google offers voluntary buyouts to US staff across several businesses and units, including the one housing its core search team and much of the ads organization IBM aims to build the world's first large-scale, error-corrected quantum computer by 2028 Blue Origin Delays Second New Glenn Launch Anne Wojcicki Wins Bidding for 23andMe Twenty-seven states and DC sue 23andMe to oppose the sale of DNA data from its customers without their direct consent YouTube says its ecosystem created 490K jobs and added $55B to the US GDP in 2024 God is hungry for Context: First thoughts on o3 pro Army reserve tech executives meta palantir Nintendo Switch 2 Is Fastest-Selling Game Console of All Time - Slashdot An Experimental New Dating Site Matches Singles Based on Their Browser Histories Anker recalls 1.1 million power banks due to fire hazard risk Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns Bald eagle live cam update: Babies are leaving nest. What's next? Host: Leo Laporte Guests: Jason Hiner, Harry McCracken, and Jason Snell Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: oracle.com/twit Melissa.com/twit drata.com/weekintech expressvpn.com/twit zscaler.com/security

Contact us today to learn more about how you can benefit from Financial Resilience! → https://hubs.la/Q035Qlcs0 This week on TrendsTalk, ITR Economist Taylor St. Germain notes that while US Retail Sales and GDP remain strong, consumer expectations are down – as sentiment is aligning more with stock market performance. Tune in this week to find out why headlines about consumer anxiety can be misleading for the broader economy.

Opinionated Design: Early Reactions to Apple's Liquid Glass Design Language Big Tech Is Dealing Flat Design a Death Blow Apple gets over its hang-ups, and the iPad enters a new era Apple Targets Spring 2026 for Release of Delayed Siri AI Upgrade Apple's de-chatbot-ification of AI is nearly complete Google launches Android 16, rolling out now to Pixel Google offers voluntary buyouts to US staff across several businesses and units, including the one housing its core search team and much of the ads organization IBM aims to build the world's first large-scale, error-corrected quantum computer by 2028 Blue Origin Delays Second New Glenn Launch Anne Wojcicki Wins Bidding for 23andMe Twenty-seven states and DC sue 23andMe to oppose the sale of DNA data from its customers without their direct consent YouTube says its ecosystem created 490K jobs and added $55B to the US GDP in 2024 God is hungry for Context: First thoughts on o3 pro Army reserve tech executives meta palantir Nintendo Switch 2 Is Fastest-Selling Game Console of All Time - Slashdot An Experimental New Dating Site Matches Singles Based on Their Browser Histories Anker recalls 1.1 million power banks due to fire hazard risk Local Malls Are Sitting Empty, and Becoming a Headache for Small Towns Bald eagle live cam update: Babies are leaving nest. What's next? Host: Leo Laporte Guests: Jason Hiner, Harry McCracken, and Jason Snell Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: oracle.com/twit Melissa.com/twit drata.com/weekintech expressvpn.com/twit zscaler.com/security

Josh and special guest Monica Khan, Partner & Head of Digital at Strand, tackle everything that's fit to discuss in the creator economy this week. They discuss the increasing presence and influence of creators at major industry events like VivaTech and Cannes Lions. The conversation also covers a significant forecast from WPP, predicting that creator platforms will surpass traditional media in ad revenue by 2025. We also explore YouTube's substantial economic impact, contributing $55 billion to the U.S. GDP in 2024, and the broader implications of this growth for creators.Then: innovative brand partnerships, including Lowe's collaboration with MrBeast and their new Creator Partner Program, as well as Starbucks' new full time hire initiative, all in comparison to Ulta Beauty's employee ambassador initiative.0:00 Welcome Monica Khan to Creator Upload 0:44 Monica Khan at VivaTech in Paris 1:41 The Growing Creator Presence at VivaTech 2:50 Anticipation for Cannes Lions and Creator Impact 4:21 Cannes Lions: Business Gets Done for Creators 5:01 Creators Gaining a Seat at the Table 5:29 Creators Choosing Cannes Over VidCon 6:48 Traditional Media vs. Creator Platforms 7:34 WPP Predicts Creator Platforms to Exceed Old Media Ad Revenue by 2025 8:57 Validation for the Creator Economy 10:08 WPP's Influence on Ad Spend Towards Creators 11:32 The Future of Brand Investment in Creators 12:06 The Rise of Creator-Driven Platforms 13:37 YouTube's Economic Impact: $55 Billion to US GDP in 2024 14:55 The Ripple Effect of the Creator Economy 15:18 Creators Building Economic Value and Sustainability 16:46 Supporting the Creator Middle Class 18:04 The Bell Curve vs. Barbell Curve in the Creator Economy 19:52 Small Business Education for Creators 20:18 Why Brands are Working with Niche Creators 21:42 Studio-Led vs. Creator-Led Content 22:56 The Future of Cinema and Creator Influence 24:00 Studios Leveraging Social Platforms for Content Development 24:55 Lowe's Partners with Mr. Beast for Beast Games Season 2 27:05 Lowe's Creator Partner Program 27:33 Institutionalizing Creator Partnerships 28:49 Ulta Beauty's Employee Ambassador Program vs. Lowe's Scaled Program 31:38 Starbucks' 12-Month Creator Sponsorship 33:03 Upload: Major League Baseball Invests in Jomboy Media 35:28 MLB Embracing Fan-Led Storytelling 36:21 The Evolution of Creator Partnerships to Investment 36:46 Creative Freedom vs. Investment in Creator Partnerships 38:12 Upload: Mr. Beast Hires Former YouTube, TikTok, and Meta Exec Beau Avril 39:03 Beau Avril's Expertise and Impact on Mr. Beast's Partnerships 40:19 Connecting with Monica Khan on LinkedIn 41:01 Future of Creator Upload and Listener EngagementCreator Upload is your creator economy podcast, hosted by Lauren Schnipper and Joshua Cohen.Follow Lauren: https://www.linkedin.com/in/schnipper/Follow Josh: https://www.linkedin.com/in/joshuajcohen/Original music by London Bridge: https://www.instagram.com/londonbridgemusic/Edited and produced by Adam Conner: https://www.linkedin.com/in/adamonbrand

In this episode of The Week in Markets, equities research analyst Jen-Ai Chua discusses the Trump effect on US GDP growth and on recent election outcomes in Canada, Australia and Singapore. The flight to safety by voters and investors have favoured familiar incumbents and driven capital flows into gold, European equities and Chinese stocks. Markets are likely to remain in wait-and-see mode as investors await the FOMC rate decision on 7 May and the BoE decision a day later. The age-old adage to ‘Sell in May and go away' could prompt some risk-averse investors to reconsider their stock positions. Historical evidence supports outperformance in the November-April time period, albeit 68% of the time.

A slew of economic reports from around the biggest global economies. Starting with US GDP, then Mexico, Germany and Europe then finally some critical macro data from China. There is indeed a common thread running through all of them, and it has markets spooked: CtG hit a new multi-year low barely above the 2020 lows. Eurodollar University's Money & Macro AnalysisCNBC Private payroll growth slowed to 62,000 in April, well below expectationshttps://www.cnbc.com/2025/04/30/adp-jobs-report-april-2025.htmlBloomberg Mexico Economy Narrowly Dodges Recession Amid US Trade Chaoshttps://www.bloomberg.com/news/articles/2025-04-30/mexico-economy-narrowly-dodges-recession-amid-trump-trade-chaosCNBC Euro zone economy expands by better-than-expected 0.4% in the first quarterhttps://www.cnbc.com/2025/04/30/euro-zone-gdp-q1-2025.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Microsoft posted better than expected quarterly earnings on Wednesday, Spain is trying to figure out what caused a massive power outage, and the Conservatives are bracing for heavy losses in local England elections. Plus, the FT's Claire Jones explains what we can take away from the latest US GDP reading. Mentioned in this podcast:US and Ukraine sign natural resources dealMicrosoft shares jump after software giant's earnings top forecastsUS economy contracts at 0.3% rate as Trump tariffs prompt import surgeLocal elections: Tories braced for losses as England votes in five-party raceHow did Spain's electricity grid collapse?The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Michela Tindera, Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Ryan and Emily discuss Trump bullies Amazon into major cave, US GDP shrinks amid tariffs, MAGA influencers go full cult in WH event, Trump falls for his own MS13 photoshop, US jet falls off ship dodging Houthi strikes, NYC woman attacked by Zionist mob speaks out, African journo says USAID does more harm than good. Chernoh Bah: https://www.amazon.com/Ebola-Outbreak-West-Africa-Multinationals/dp/0996973923 To become a Breaking Points Premium Member and watch/listen to the show AD FREE, uncut and 1 hour early visit: www.breakingpoints.com Merch Store: https://shop.breakingpoints.com/See omnystudio.com/listener for privacy information.

Donald Trump unveiled more tariff relief for some carmakers, and shares in a number of companies surged in Tokyo after a plan for carmaker Toyota Motor to take one of its subsidiaries private. Plus, Wall Street economists forecast that US GDP shrank in the first quarter, and contrary to some stereotypes, Generation Z is leading the charge back to the office. Mentioned in this podcast:Wall Street banks predict GDP contraction after US trade deficit hits recordDonald Trump set to announce new car tariff climbdown in MichiganJapan shares surge after Toyota spurs hopes for wider corporate shake-upGen Z is leading the charge back to the officeThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katie McMurran, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Tariff Announcement: President Trump announced a ten percent baseline tariff on virtually every country, with specific tariffs for individual countries ranging from ten to forty-nine percent. This is the highest rate of tariffs the United States has had in place since 1930. Political and Economic Implications: The announcement has caused anxiety and concern among people, with Democrats criticizing the move and Republicans defending it. The podcast discusses the potential outcomes, including the possibility of other countries lowering their tariffs in response, which could be beneficial for the American economy. Potential Risks: There are significant risks if other countries retaliate with their own tariffs, leading to a trade war and increased inflation. The impact on various industries, such as the automotive industry, is discussed, with concerns about rising prices for both new and used cars. Economic Analysis: The Tax Foundation's analysis predicts that if the tariffs remain in effect, imports will fall by twenty-eight percent, and the US GDP will shrink by 0.8 percent over the next decade. The tariffs could result in a significant tax increase for American consumers. Political Consequences: The outcome of these tariffs could influence the 2026 midterm elections, with potential repercussions for the Republican party if the economy suffers. Senator Cruz expresses hope for a positive outcome but acknowledges the high risks involved. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and the Ben Ferguson Show Podcast Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton#rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats#republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica#SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #justicecorrupted #UnwokeHowtoDefeatCulturalMarxisminAmericaYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.