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X @Zhu Su
Zhu Su· 2025-08-04 15:01
Gdp in $ billions, 1980 to 2000 to 2025HK: 29, 172, 424SG: 12, 96, 565TW: 42, 319, 850SK: 65, 576, 1790 ...
Nobel-winning economist Joseph Stiglitz: Trump firing BLS head ‘like driving a car with no odometer'
MSNBC· 2025-08-03 20:46
Economic Statistics & Independence - The importance of believing in reliable statistics about unemployment, inflation, and GDP for managing business and the economy is highlighted [1] - Independent statistical agencies are crucial for collecting data, and maintaining confidence in their independence is paramount, with bipartisan agreement on this principle [1] - Undermining the credibility of the Federal Reserve (Fed) can lead to concerns about inflation and erode confidence in the US dollar and the US economy [1] Political Influence & Economic Policy - Concerns are raised about the potential politicization of interest rates, fearing that rates might be lowered before elections to inflate the economy, leading to adverse consequences after the election [1] - Pressure on the Fed, as exerted by Donald Trump, is considered unconscionable because it undermines the Fed's credibility [1] - Historically, presidents have desired certain economic outcomes, such as lower interest rates, and have exerted pressure on Fed chairs [1]
海外政策周聚焦:关税谈判日期截止,特朗普关税政策后续路径如何演变?
Western Securities· 2025-08-03 07:20
WESTERN 四日的印毛 海外政策周报 关税谈判日期截止,特朗普关税政策后续路径如何演变? 证券研究报告 2025 年 08 月 03 日 海外政策周聚焦 ●核心结论 事件:在7月9日美国总统特朗普向全球主要贸易国家发送涉及"对等"关 税的通知函后,将"对等"关税暂缓期继续延期至8月1日,并表示这一日 期"不会再变"。截至8月1日关税谈判截止日,美国已经与全球大部分主 要贸易国家谈成相关贸易协议。关税政策不确定性影响正在逐步降低。 关税谈判主要聚焦于"对等"关税税率以及加大对美投资。从目前美国和各 国达成贸易协议内容来看,美国和谈判对象会达成新的协议关税税率。此外 针对不同的国家,双方也会在重点行业和贸易领域达成更差异化的协议。 本轮关税谈判基本确立美国"对等"关税"下限"。我们认为,本轮关税贸易 谈判的协议税率在短期内不会变动,基本确立美国对各国的关税"下限",特 朗普政府仍保留通过"协议执行不力"加税的灵活性:但美国可能以"破坏协议 "为由突破下限加征额外关税。美国关税税率仍有进一步调升风险。 "对等"关税或给美国未来 10年带来超 2万亿收入。根据耶鲁大学预算实 验室测算,假设不同国家的进口份额没有变 ...
X @Bloomberg
Bloomberg· 2025-08-02 16:45
On this episode of the Everybody's Business podcast, @krogoff joins @svaneksmith and @chafkin to give his take on the latest GDP numbers and why President Donald Trump's policies can be compared to a game of "4D chess" https://t.co/i51n7zR9iH https://t.co/GRORjAPSzF ...
134.9万亿VS29.2万亿美元!中美GDP断层差震惊全球
Sou Hu Cai Jing· 2025-08-02 00:27
Economic Comparison - In 2024, China's GDP is projected at 134.9 trillion yuan (approximately 18.94 trillion USD), while the US GDP is expected to reach 29.2 trillion USD, widening the gap to 10 trillion USD, with China's share decreasing from 67% to 65% [1] - The US nominal GDP growth is significantly influenced by high inflation, with a cumulative price increase of 21.2% over the past four years, while China's CPI only increased by 0.2% in 2024, indicating a more stable economic environment [3][4] Statistical Methodology - The US includes imputed rent in its GDP calculations, which allowed it to "gain" 610 billion USD in Q1 2025, a method not applicable in China, which uses a production-based approach for GDP accounting [4] - The difference in statistical methodologies highlights the disparity in economic reporting and the potential for manipulation of GDP figures [4] Purchasing Power Parity (PPP) - According to the International Monetary Fund, China's PPP GDP is projected to reach 39.44 trillion international dollars by 2025, surpassing the US's 30.34 trillion international dollars by 30% [6] - The purchasing power of consumers in China is significantly higher, with the ability to buy more goods for the same amount of money compared to the US, indicating a stronger domestic economy [6] Technological Competition - The economic rivalry is increasingly focused on technological advancements, with China investing heavily in hard technology, achieving significant milestones in 5G, quantum computing, and nuclear fusion [9] - In contrast, US R&D investment intensity has decreased, while military spending has reached a record high of 886 billion USD, indicating a shift in focus from innovation to defense [9] Crisis Management and Economic Resilience - In Q4 2024, China's economic growth accelerated to 5.4%, driven by high-tech manufacturing, while US corporate investment declined by 2.2% [11] - China's proactive approach to managing real estate bubbles and maintaining foreign exchange reserves of 3.2 trillion USD contrasts sharply with the US's rising commercial real estate delinquency rates [11]
X @Bloomberg
Bloomberg· 2025-08-01 14:15
On Everybody’s Business, Harvard economist Ken Rogoff explains the role of panic in US GDP numbers. Also on this episode, a North Korean US workforce and alcohol energy drinks https://t.co/ljTy717v19 ...
X @Bloomberg
Bloomberg· 2025-08-01 11:01
On this episode of the Everybody's Business podcast, @krogoff joins @svaneksmith and @chafkin to give his take on the latest GDP numbers and why President Donald Trump's policies can be compared to a game of "4D chess" https://t.co/i51n7zR9iH https://t.co/PumBetS8tb ...
7月31日电,加拿大5月GDP环比下降0.1%,预期下降0.1%;同比增长1.2%,预期增长1.1%。
news flash· 2025-07-31 12:33
智通财经7月31日电,加拿大5月GDP环比下降0.1%,预期下降0.1%;同比增长1.2%,预期增长1.1%。 ...
Former St. Louis Fed Pres. Bullard: The policy rate is 'a little bit high' for the situation
CNBC Television· 2025-07-31 10:59
dissenters. That's kind of interesting I guess. But there are Trump appointees, former Saint Louis Fed President James Bullard, he's dean of the Purdue University Business School.James, I guess we'll talk about the dissent. I don't know if it's really that. I guess it's interesting since it's been since 1993.But what do you make of the GDP report in light of the prior quarter being actual. You know, it's obviously being whipsawed by by tariffs and imports. But was there can you just say, hey, that's great, ...
6月经济数据表现分化
Capital Securities· 2025-07-31 10:42
[Table_Authors] 韦志超 首席经济学家 SAC 执证编号:S0110520110004 weizhichao@sczq.com.cn 电话:86-10-81152692 相关研究 [Table_Title] 6 月经济数据表现分化 [Table_ReportDate] 宏观经济分析报告 | 2025.7.31 核心观点 请务必仔细阅读本报告最后部分的重要法律声明 [Table_Rank] [Table_Summary] [Table_OtherReport] 经济趋稳,泛科技板块机遇渐显 近期关税问题的思考 继往开来——证监会两会记者招待 会的几点理解 ⚫ 二季度 GDP 同比稳健增长,全年完成经济增长目标压力不大。今年我 国二季度实际 GDP 同比增长 5.2%,据测算,下半年实际 GDP 同比达 到+4.7%即可完成全年 5%左右的经济增长目标,整体压力不大。但 GDP 平减指数当季同比连续 9 个季度为负,二季度进一步下探至-1.2%,表 明价格端仍有压力。分产业看,第二产业实际 GDP 同比则边际下滑 1.1 个百分点至+4.8%;拆分三驾马车,二季度消费仍是 GDP 增长主要驱动 力, ...