Young people think the US economy is not working for them.@NatHalberstadt explains why Gen Z is not getting married, doesn't own homes, and feels left behind. https://t.co/UrCCzIO8ky ...

President Trump reiterated his criticism of the Bureau of Labor Statistics, said he was close to picking a new Fed chair, and teased new tariffs on semiconductors. Joining me now, Muhammad Alerian, president of Queens College of Cambridge to talk about that and many other things. Muhammad, good to see you.Good morning, Julie. I would like to start with this whole situation over the Bureau of Labor Statistics, the BLS. Um, with President Trump's removal of the person who heads up that agency, what does that ...

RT Wendy O (@CryptoWendyO)Do you think Totally Trump will fix the US economy in 6 months? https://t.co/IhryjEIx4b ...

RT Alex Krüger (@krugermacro)So I've lost the habit of posting here, as I've been traveling for an extended period of time and busy with personal matters. Plan to resume posting regularly soon. In the meantime let me share some quick market views given the dramatic moves we've just experienced.I see the current move as a smaller scale replay of last year's August crash (which bottomed on Monday).2024's August crash was driven by the BoJ hiking first (initial trigger for the infamous carry trade unwind), fol ...

Do you think Totally Trump will fix the US economy in 6 months? https://t.co/IhryjEIx4b ...

Six months into his comeback term, Donald Trump has taken full ownership of the US economy. His party must now sell it to voters https://t.co/bVK3NhjUvw ...

It always blows my mind that a portion of people out there are cheering for the demise of the US economy. ...

Welcome to Meet the Press Now. I'm Kristen Welker. As economists, businesses, consumers, and investors react to an alarming series of developments tied to the US economy and the president's shocking reaction to a sluggish jobs report.The trading day just finishing up with markets closing down all across the board as stocks continue to lose momentum after recently hitting new highs. The market pullback today coming after the labor department reported that the US economy created just 73,000 new jobs in July. ...

Economic Slowdown & Job Market - US economy's job growth has slowed, with an average of 85,000 jobs added per month this year, compared to 168,000 jobs per month last year [2] - The report indicates deepening cracks in the US economy, with businesses putting expansion plans on hold due to economic uncertainty [4] - Potential US economic growth has shifted down due to changes in the labor force [9] Impact of Tariffs & Trade Policies - Tariffs are slowing job growth and economic growth [3] - Tariffs are expected to increase prices over time, impacting consumers [22] - Deportation policies are having an effect on the labor markets [5] - Tariffs on products from countries like Canada (originally 25% to 35%) and Switzerland (39%) could impact various sectors, including lumber, cars, and medicines [18][19] - Tariffs on Brazilian products, such as beef (50%), could be felt by consumers [21] Inflation & Consumer Spending - There is a possibility of stagflation, where growth slows (currently at about 12% to 2% annual rate) and inflation picks up closer to 3% rather than 2% [6] - Consumer spending growth is half of what it was a year ago, indicating concern among American consumers [16] - Tariffs are raising costs on everyday products, impacting back-to-school, Thanksgiving, and Christmas shopping [12] White House Perspective - The White House is nervous about the economic situation and is preaching patience [17] - The current economy is producing half as many new jobs as the "Biden economy" did in 2024 [14]

Polls show that voters are increasingly souring on Donald Trump’s handling of the US economy, but that disapproval still isn’t translating into a political windfall for Democrats https://t.co/kdVQ1ddAyb ...