The International Monetary Fund raising the curtain on their 2025 annual meetings kicking off next week, outlining expectations for the global economy amid quote exceptionally high uncertainty. Joining us here first on CNBC is IMF managing director Cristina Gorgva. Madame MD, welcome back.It's nice to have you. >> Great to be with you. >> So, it sounds like you're saying the global economy, here's how you you characterize it, better than feared, but worse than we need.I I've been really eager to ask you par ...

Okay. Um, hello everyone. So, why don't you guys do me a favor and imagine for a moment that you all died.Just bear with me. Okay. We died and we are in this version of heaven that has been taught to us.The one we have in our mind or if you don't believe in that, manufacture one for a moment. Okay. There are flying puppies and talking dolphins leaping across the golden sea. And there are sassy cats.I like cats the way they are, so they are going to stay sassy in my version. But there are sassy cats roaming ...

Well, as you know by now, there is no official jobs report today because of the government shutdown. But we found another way to try and get a look at employment in the month of September. We're going to call this our own squawk survey.Evans S is the CEO of Aura Intelligence. That's a platform for workforce analytics. Bill Dunlberg is the chief economist at the National Federation of Independent Businesses.Both have real data on the state of jobs in this country. And of course, we have our very own senior e ...

Market Impact of Potential Government Shutdown - Markets dislike uncertainty, and a short-term shutdown is not expected to significantly impact the bond or stock market, but a persistent shutdown could increase volatility [1][3] - A government shutdown could lead to a bond market rally, particularly on the short end of the curve, while equities may wobble [2] - If the shutdown persists and the Fed doesn't receive necessary data, markets may become shaky, leading to a flight to safety [4] - The absence of government data like CPI and PPI due to the shutdown is more problematic for the market because it impacts the Fed's decision-making process regarding rate cuts [6][7] - The market is expecting around three rate cuts through the balance of the year, and a lack of data could put those rate cuts on hold [6] Sector Performance and Investment Trends - Healthcare and utilities are leading sectors, indicating a defensive tilt in the market, while tech is also hitting new highs, driven by AI and cybersecurity investments [8][9][10] - Companies are becoming more efficient with fewer people, fueling growth in the tech sector [10] - Investors are showing a flight to quality, seeking security and retirement security, and leaning towards more conservative and balanced portfolios [9][11] Retirement Savings and Investment Strategies - TIAA manages approximately $955 billion in assets in its retirement business [12] - People are moving towards target date funds and looking for guaranteed income options [12] - While private markets can pose more risk, participants are guided to save, diversify their asset allocation, and balance it against their risk profile, including bonds, stocks, and guaranteed asset classes [13][14] - 95% of people would want to have guaranteed income in addition to social security [14] - Plan sponsors are increasingly offering guaranteed income options as part of employees' diversified portfolios [15] - There's a trend towards diversified portfolios with protection during accumulation and the option for guaranteed lifetime income [15][16]

With many uncertainties around the government shutdown, here's how it could affect your finances. When it comes to your portfolio, investor sentiment may be jarred in the short term, particularly if the shutdown affects the Fed's rate lowering agenda. That could mean potential volatility in financial markets.But historically, shutdowns have not resulted in a major sell-off. Now, turning to the economy, the impact will depend on the length of the shutdown. Federal employees won't get paid until the governmen ...

Welcome back everybody. Our next guest has advice for business leaders in today's increasingly uncertain world. Joining us right now is Harvard Business School professor Ranjay Guladi.His new book is How to Be Bold: The Surprising Science of Everyday Courage. And Ranj, thank you for coming in today. >> Thank you.My pleasure to be here with you today. >> I was going to start by asking you what courage is. Um maybe we should start though with what we were just discussing and that's how you differentiate uncer ...

Uncertainty around FEMA – layered on top of a surge in extreme weather events – has created something of a vacuum that entrepreneurs are eager to fill, writes @laurenthal https://t.co/Sxq1AJZW74 ...

We've all had moments in life when it feels like life is slipping through our fingers. Maybe it was a big sports competition, an important test, or an event that seemed perfect until it fell apart in the last minute. In these moments, we often try and grab control.We think that by managing every tiny detail and predicting every possible outcome, we'll avoid disappointment, failure, or unexpected twists. But here's the truth. Control is nothing but an illusion.Why do we crave control so much. It's not just a ...

What is the difference between risk and uncertainty. Under conditions of risk, we know what might happen and we know roughly how likely each outcome is. Under conditions of uncertainty, we don't know the possible outcomes and we can't assign probabilities to them.It's not exactly ideal. So, are insurers longing for risk. Impactful changes, both large and small, are transforming the way our global systems operate.For example, weight loss drugs. The new market for GLP1 or obesity drugs is forecasted to reach ...

It's a time of great change. Obviously, there's a there is a with a new administration and a new secretary, you know, a significant change in focus. I still think it's relatively early days.I think with that kind of change there, there comes a great deal of uncertainty. There certainly has been concern with the number of officers who have senior officers who've been either retired or retired on their own volition or have actually been fired. And the uncertainty that comes with that is is something that's th ...