Core Insights - American views on the economy have become more negative in Q3, with rising concerns about jobs, inflation, and overall economic outlook, leading to a decline in President Trump's net approval rating on the economy to 42% approval and 55% disapproval, marking a net approval of -13, the lowest recorded in any CNBC survey during his presidency [1] Approval Ratings - The president's overall approval rating decreased from 46% to 44%, while disapproval increased by 1 percentage point to 52%, continuing a trend where economic approval is lower than overall approval ratings [2] Public Sentiment on Economic Issues - A survey of 1,000 respondents revealed that 53% blame the potential economic fallout from the shutdown on Republicans and the president, while only 37% attribute it to Democrats, indicating a shift in public sentiment towards the handling of economic issues [3] Specific Policy Approval - Only 34% of the public approve of the president's policies on inflation and cost of living, with 62% disapproving, representing the worst approval ratings in this area during his second term; additionally, 56% disapprove of his tariff policies, resulting in a net approval of -15, down from -6 in the previous quarter [4] Economic Confidence Factors - The decline in economic confidence among Americans is more significantly influenced by personal cost of living issues rather than the government shutdown, as noted by a Republican pollster [5]

Colombia may need to consider its first interest rate increase in more than two years if the inflation outlook further deteriorates, according to a senior policymaker https://t.co/0v4hqQE10f ...

Economic History - The gold standard before World War I prevented debt inflation [1] - The report highlights changes since the gold standard era [1]

Economic Sentiment - Americans' views on the economy have turned more negative in the third quarter, with deepening concerns about jobs and inflation impacting overall sentiment [5][6] - The percentage of Americans optimistic about the economy has risen to 24% from 17%, while those pessimistic about the economy increased to 57% from 40% [9] Presidential Approval Ratings - President Trump's overall approval rating dropped to 44% from 46%, with economic approval falling more significantly by three points to 42% [6][7] - The president's economic approval has averaged a net minus 11 in the three surveys conducted during his second term, contrasting with a plus five in his first term [7] Public Blame for Economic Issues - A majority of 53% of the public blames congressional Republicans for the potential economic fallout from the shutdown, compared to 37% blaming congressional Democrats [10] - The survey indicates that independents are leaning negatively towards the president, with approval ratings showing a minus 20 to minus 30 range [11] Economic Data and Perception - Despite overall economic data showing all-time highs, average Americans express dissatisfaction regarding jobs, inflation, and tariffs [12][15] - The sentiment regarding the labor market is perceived to be weaker than anticipated, with discussions around unemployment rates suggesting a potential rise to 5% if immigration levels remain low [13][14] Tariffs and Economic Transition - The president's handling of tariffs has turned substantially negative, with a noted increase in costs attributed to tariffs impacting public sentiment [8][16] - The government surplus numbers have shown fluctuations, with tariff revenues contributing to some of the changes observed [16]

Steve Leeman is here with the CNBC All America Economic Survey is out. These guys, Steve, senior economics, good to see you with a look at some of the athletes views. No >> on it.>> It's not just athletes. We coaches as well >> cuz those are funny those are funny interviews. You got to admit when you go in and ask >> I did that once, you know, >> after this one of the Super Bowls, we talked to them. >> You go in and ask him, "What do you think of J Pal? >> What about what about quantitative easing?" like yo ...

Officials in Chile have admitted they double counted inflation when setting electricity rates, sending price-growth expectations for a year ahead below the target 3% and causing the energy minister to lose his job https://t.co/PW3I6bFce7 ...

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Core Insights - Gold is currently experiencing significant price increases, trading at over $4,300 per ounce, marking near all-time highs and surpassing a market valuation of $30 trillion [1][2] - The surge in gold prices positions it as a more valuable asset compared to Bitcoin, Nvidia, and Microsoft, reinforcing its status as a reliable store of value during economic uncertainty [2][5] Demand Factors - Geopolitical tensions, particularly between the U.S. and China, have heightened the demand for gold as a safe haven asset [5] - Central banks, including those in China and Russia, are reportedly making record gold purchases, accumulating over 1,000 tons in 2025 alone as they diversify away from the U.S. dollar [6] - Concerns over potential Federal Reserve rate cuts and rising inflation are driving demand for gold, as it is seen as a hedge against purchasing power erosion [7]

Core Insights - The UK government is facing pressure to find £30 billion in tax rises and spending cuts in the upcoming Budget, with warnings that further tax increases on businesses could severely impact the jobs market and economic growth [2][3]. Group 1: Business Sentiment - 56% of employers indicated they would either cut jobs or freeze hiring if corporate taxes are raised again, highlighting a significant concern for the job market [2]. - Nearly half of the surveyed businesses have already reduced jobs or halted hiring due to previous tax increases, with the unemployment rate reaching a four-year high of 4.8% [3]. - Business confidence is described as fragile, with many firms citing high operating costs and uncertainty as major barriers to growth [5]. Group 2: Economic Impact - The ICAEW warns that further tax hikes could jeopardize the UK's growth mission, with corporate tax increases potentially leading to a "damaging cliff edge" for the economy [2]. - Almost half of the firms surveyed are considering raising prices in response to higher taxes, and two in five plan to cut investment [4]. - Inflation is currently at 3.8%, nearly double the Bank of England's target, which is exacerbated by a deteriorating labor market [5][6].

Core Insights - Global financial markets are facing challenges due to geopolitical tensions, mixed central bank signals, and persistent inflationary pressures as of October 17, 2025 [2] Central Bank Divergence and Inflation Concerns - Federal Reserve Governor Christopher Waller supports a 25-basis-point interest rate cut at the upcoming October FOMC meeting, citing labor market concerns, while Governor Stephen Miran advocates for a more aggressive 50-basis-point reduction, highlighting internal debates within the Fed [3][4] - The Bank of England warns that UK inflation may remain elevated beyond current expectations, despite the FTSE 100 finishing higher [4] Geopolitical Tensions and Energy Markets - Crude oil prices are experiencing significant declines, trading around $66.24 per barrel for Brent and $63.43 per barrel for WTI, influenced by the upcoming Trump-Putin meeting and ongoing conflict in Ukraine [5][6] - The European Union proposes defense initiatives, including a "drone wall" and "Eastern Flank Watch," to counter drone threats from Russia, with operational capacity targeted for 2027-2028 [7] Global Equities and Economic Indicators - Global equity markets show mixed signals, with Asian equities expected to open lower due to U.S. credit fears, overshadowing earlier optimism in the AI and tech sectors [9] - Despite broader economic slowdowns, the FTSE 100 managed to finish higher, while AppLovin's target price was increased to $860 from $580 by BofA Securities, forecasting $3 billion in e-commerce net revenue for 2026 [10] - S&P Global estimates global tariff costs will reach $1.2 trillion in 2025, with two-thirds of the burden expected to fall on consumers, indicating persistent inflationary risks [11] Currency and Commodity Movements - Gold prices have surged to new all-time highs, trading above $4,350, driven by safe-haven demand amid geopolitical uncertainty and expectations of further Fed rate cuts [13]