⚡️ INSIGHT: Pension funds are evaluating Bitcoin as a store of value amid rising inflation and geopolitical tension.Can Bitcoin truly meet institutional standards for long-term preservation? https://t.co/aDp6ZVhrZc ...

Inflation Trends - Singapore's key inflation gauge accelerated at a faster-than-expected pace in October [1] - Strong economic momentum may be adding to price pressures [1]

⚡️ Key Economic Events This Week:Tuesday - September PPI Inflation data, September Retail Sales data, November Consumer Confidence data, October Pending Home Sales dataWednesday - US Q3 2025 GDP data, September Durable Goods Orders data, September PCE Inflation data, September New Home Sales dataThursday - US Markets Closed for ThanksgivingWhat's the biggest data point you're watching? ...

Thanksgiving is just four days away. Prices are up across America. And after apparently newly learning the word affordability earlier this year, Donald Trump is suddenly taking Americans financial concerns very seriously.MS Now's White House reporter Jake Trailer is exclusively reporting that Trump is expected to announce as early as tomorrow a framework to address healthcare costs, calling on Congress to send a bill to his desk that would halt Obamacare premium spikes. According to two White House official ...

Summary of Key Points from the Conference Call Industry Overview - The report focuses on the **US economy** and its outlook for 2026, particularly in relation to **monetary policy** and **labor market dynamics** [1][3][7]. Core Insights and Arguments - **Economic Growth and Inflation**: The US economy is expected to experience **moderate growth** and **decelerating inflation** in 2026, with a forecasted real GDP growth of **1.8%** in 2026 and **2.0%** in 2027 [7][16]. - **Federal Reserve Actions**: Anticipation of **three additional rate cuts** by the Federal Reserve in **January, April, and June 2026** as the labor market continues to soften [3][15][29]. - **Labor Market Trends**: The labor market is characterized by a **low-hire/low-fire** environment, with an expected increase in the unemployment rate to **4.7%** by **2Q 2026** [12][29]. - **Consumer Spending**: Consumer spending is projected to recover gradually, with real consumption rising by **1.6%** in 2026 and **1.8%** in 2027, although it remains constrained by slow hiring and tariff impacts [10][11]. - **AI Spending Impact**: AI-related spending is expected to contribute approximately **0.4 percentage points** to growth in 2026 and 2027, accounting for about **20%** of the overall growth forecast [11][23]. Additional Important Insights - **Inflation Dynamics**: Inflation is projected to peak at **2.8%** and **3.1%** for headline and core PCE inflation in **1Q 2026**, before decelerating to **2.5%** and **2.6%** by **4Q 2026** [13][14]. - **Tariff Effects**: The effective tariff rate is expected to rise to approximately **16%**, impacting consumer prices and overall economic activity [32][33]. - **Public Policy Landscape**: The report indicates a shift from a fluid policy environment to a more stable one, with significant implications for trade, immigration, deregulation, and fiscal policies [8][9]. - **Alternate Economic Scenarios**: Three alternate scenarios are presented: demand-driven upside, productivity-driven upside, and a mild recession, each with different implications for growth and inflation [17][18][19]. Conclusion - The overall outlook for the US economy in 2026 suggests a transition towards modest growth and easing inflation, influenced by labor market conditions and fiscal policies, with significant contributions expected from AI-related spending. The Federal Reserve's monetary policy will play a crucial role in navigating these economic dynamics.

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **Japanese economy** and its outlook from 2026 to 2028, highlighting the transition from "nominal stagnation" to "moderate but steady nominal growth" [2][10]. Core Economic Insights - **Economic Paths**: Japan faces two potential scenarios: a "virtuous cycle" of income and spending or a "stalling" scenario due to weak external demand and demographic challenges [2][10]. - **Inflation Trends**: Headline inflation is expected to slow to 2.1% in 2026 from 3.1% in 2025, while core-core CPI is projected to align with this trend [3][11]. - **Monetary Policy**: The Bank of Japan (BoJ) is expected to continue normalizing its policy, with rate hikes anticipated to reach 1.5% by mid-2027 [4][11]. Fiscal Policy and Government Actions - **Fiscal Expansion**: The Takaichi administration is expected to implement a responsible fiscal policy aimed at boosting household purchasing power and corporate investment, potentially increasing GDP by 0.2 percentage points in 2026 [5][38][40]. - **Budget Expectations**: The supplementary budget for FY2025 and the initial budget for FY2026 are anticipated to be larger than previous estimates, with demands for ¥25 trillion (approximately 4% of GDP) [12][39]. Risks and Challenges - **External Risks**: Potential risks include a sharp drop in external demand due to an AI bubble burst and geopolitical tensions, particularly between China and Japan [7][13]. - **Political Stability**: The minority status of the Takaichi administration raises concerns about policy execution and the potential for a "Japan sell-off" if fiscal expansion is perceived as excessive [7][39]. Economic Growth Projections - **GDP Growth**: Real GDP is projected to grow by 0.8% in 2026, with a gradual recovery expected as external demand picks up from mid-2026 [9][11]. - **Comparison with Global Growth**: Japan's per capita GDP growth is projected at 1.6%, comparable to the US at 1.5% and the Euro area at 1.2% [37][41]. Corporate Sector Dynamics - **Corporate Performance**: The corporate sector has shown resilience, with high operating profits and continued capital expenditure driven by labor-saving needs and decarbonization efforts [87][88]. - **Labor Share Concerns**: The downward trend in the labor share ratio raises concerns about the distribution of corporate earnings to workers, which is crucial for sustaining economic growth [89][90]. Consumer Behavior and Household Sector - **Consumption Growth**: Private consumption is expected to grow by 0.8% in 2026, supported by rising disposable income, although caution remains due to historical low consumer confidence [61][79]. - **Wage Growth**: Nominal wage growth is projected to remain high, with real wages expected to increase as inflation stabilizes [55][58]. Trade and Export Outlook - **Export Projections**: Japanese goods exports are expected to decline temporarily due to US tariffs but are projected to recover by mid-2026 as US domestic demand improves [42][46]. - **Trade Surplus**: Japan's trade surplus with the US was historically high in 2024 but is expected to decline gradually due to falling nominal export prices [44][46]. Conclusion - The Japanese economy is at a critical juncture, with the potential for sustained growth contingent on effective fiscal policies, external demand recovery, and addressing demographic challenges [14][39].

New poll numbers today suggest one of Donald Trump's best issues is turning into his worst. Approval of Trump's handling of the economy has plummeted from 51% in March to 36% now. 65% say his policies are making grocery prices go up and 60% say when it comes to prices, Trump makes things sound better than they really are.the director of the National Economic Council insisting today that conditions are getting better, but it's going to take time. So, >> we're making progress. The mortgage rate has come down ...

Core Insights - The IRS has updated tax brackets for 2026, which is significant for all U.S. taxpayers despite the recent government shutdown and furlough of IRS employees [1][2]. Tax Bracket Adjustments - The IRS has increased tax brackets by approximately 2.7% for 2026, which is a modest adjustment compared to the 7% increase in 2023 and 5.4% in 2024 due to inflation [4]. - The upper limit of the lowest tax bracket (10%) has risen from $11,925 in 2025 to $12,400 in 2026, reflecting a 3.9% increase [5]. - The threshold for the top marginal tax rate (37%) has increased from $626,351 to $640,601, marking a smaller increase of 2.3% [5]. New Income Tax Brackets for Individuals - The updated income tax brackets for individual filers are as follows: - 10%: $0—$12,400 - 12%: $12,401—$50,400 - 22%: $50,401—$105,700 - 24%: $105,701—$201,775 - 32%: $201,776—$256,225 - 35%: $256,225—$640,600 - 37%: $640,601 and up [7]. New Income Tax Brackets for Married Couples Filing Jointly - The updated income tax brackets for married couples filing jointly are as follows: - 10%: $0—$24,800 (up from $23,850 in 2025, a 3.9% increase) - 12%: $24,801—$100,800 - 22%: $100,801—$211,100 - 24%: $211,401—$403,550 - 32%: $403,551—$512,450 - 35%: $512,451—$768,700 - 37%: $768,701 and up (up from $751,601, a 2.3% increase) [8].

NEW YORK CITY'S MAYOR ELECT, THE 34-YEAR-OLD DEMOCRATIC SOCIALIST COMES TO WASHINGTON AND MEETS WITH PRESIDENT TRUMP IN THE OVAL OFFICE. >> SOME OF HIS IDEAS REALLY ARE THE SAME IDEAS THAT I HAD. >> WE FOCUSED ON AFFORDABILITY. WE FOCUSED ON COST OF LIVING CRISIS. >> I'LL SPEAK EXCLUSIVELY WITH MAYOR-ELECT ZOHRAN MAMDANI. PLUS POLITICAL PRESSURE. >> THE YEAS ARE 427. THE NAYS ARE ONE. >> CONGRESS OVERWHELMINGLY VOTES TO RELEASE THE EPSTEIN FILES AS CONCERNS GROW OVER THE ECONOMY AND THE WHITE HOUSE ROLLS BA ...

Economic Outlook - Treasury Secretary Scott Bessent expressed optimism about the U.S. economy in 2026, stating that the country is not at risk of entering a recession and that Americans will soon benefit from the Trump administration's economic policies on trade and taxes [1][2] - Bessent highlighted that the GOP's spending package, the One Big, Beautiful Bill Act, is still being implemented, which includes permanent tax cuts from Trump's 2017 tax reform and additional tax breaks for various income sources [2] Healthcare Costs - Bessent indicated that healthcare costs are expected to become more affordable, with further announcements from the Trump administration anticipated soon [3] - However, a congressional deadlock regarding the extension of enhanced subsidies on the Affordable Care Act is likely to increase healthcare costs for millions [3] Economic Challenges - Bessent acknowledged struggles in certain sectors of the economy, particularly in housing and interest-rate-sensitive areas, while asserting that lower energy prices will help reduce inflation [4] - Kevin Hassett, director of the White House National Economic Council, noted potential economic weakness in fourth-quarter data due to a prolonged government shutdown, which was the longest in U.S. history [5] Public Sentiment - A recent NBC News poll revealed that around two-thirds of registered voters believe the Trump administration has not met expectations regarding the economy and cost of living [5] - According to JPMorgan's Cost of Living Survey, high-income respondents rated their economic confidence at an average of 6.2 out of 10, while low-income consumers reported a significantly lower average score of 4.4 [6]