Beware of ‘seismic shocks’ to the US economy and inflation if this specific election outcome occurs, according to a top mind at Bloomberg Economics

By Leading strategists generally agree that trying to trade around the election is a mistake.But one chief economist says there’s a notable exception if a certain result plays out.Here’s which candidate’s policies could harm the US economy, according to Tom Orlik. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…

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Yale’s Stephen Roach: Markets are in danger of being ‘whipsawed’ by Middle East conflict, U.S. unemployment

“We are likely to see significant increases in volatility and markets that really are whipped back and forth dramatically,” Roach told CNBC’s “Squawk Box Asia.” … “We are likely to see significant increases in volatility and markets that really are whipped back and forth dramatically,” Roach told CNBC’s “Squawk Box Asia.” … See the entire…

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Euro Area unemployment rate steady at 6.4%

The unemployment rate in the Euro Area was unchanged from the prior month at 6.4% in August 2024, holding at its lowest on record, and in line with market expectations. The result extended the period … The unemployment rate in the Euro Area was unchanged from the prior month at 6.4% in August 2024, holding…

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