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BOK Governor Rhee on Policy Path, Market Volatility
Bloomberg Television· 2025-11-12 06:28
(Subtitles may contain inaccuracies) We had President Lee saying that the BOK did the right thing when it held rates steady instead of cutting rates because that would boost the property market further. Saying the property market is a ticking time bomb. What's your take on whether or not the property sector is in fact one of the considerations for your monetary policy decisions.Yes. Definitely property prices, especially in metropolitan area and Seoul, affect the financial stability. And price stability is ...
X @Decrypt
Decrypt· 2025-11-12 06:13
Why Bitcoin Traders Are Eyeing This Week's Upcoming US Inflation Print► https://t.co/tb3QRb2DhV https://t.co/tb3QRb2DhV ...
We're going to have to make transitions in the economy due to AI, Judy Shelton says
Youtube· 2025-11-12 06:00
All right. So, yesterday I spoke about this enormous divide in this country now between the have and have nots. Uh particularly, uh we saw this the Michigan consumer sentiment number on Friday still making headlines. It tumbled to one of the worst readings ever. Uh and here's the thing that's really interesting. You have to notice that it's never ever ever approached. Take a look at this. It's never approached the high point back in 2000. So, that's intriguing, right? It traded with the market hand in hand. ...
X @Bloomberg
Bloomberg· 2025-11-12 05:28
A delay to the European Union’s new carbon-pricing system looks set to weigh on the outlook for inflation, potentially reviving calls for more interest-rate cuts https://t.co/MQYh72M2Sj ...
'Incoherent.' Trump struggles to land economic message with Americans
MSNBC· 2025-11-12 05:27
Time now for money power politics. The elections last week made it clear that voters care about affordability in this country and some would call it an affordability crisis. But the administration, they're not hearing it.I want you to watch what Treasury Secretary Scott Besson said on our air this morning. >> The economy under President Trump's been very resilient and you know, growth has exceeded expectations almost every quarter. We inherited an affordability crisis.We have slowed the price increases down ...
X @Nick Szabo
Nick Szabo· 2025-11-12 02:50
RT Brad Smith (@CommishSmith)Did the Conservative movement flop, as many right-oriented populists claim? Just a few policy examples:In 1980, 1 state had a "shall issue" concealed carry law. Today "shall issue" (or no permit) is the rule in all 50 states.In 1980, the top marginal income tax bracket was 70%. Today it is 37%. Rates are lower in all income brackets.In 1980, there was no indexing of income tax brackets for inflation. Today there is.In 1980, the Soviets were on the march in the cold war. Today, C ...
House Dem: My constituents eat 'Campbell’s soup for dinner' while Trump builds 'golden ballroom'
MSNBC· 2025-11-12 02:21
And joining us now is Democratic Congressman James Walenshaw of Virginia. >> Congressman, thank you so much for being here. Um, when you hear something like that, the economy is the strongest we ever had from the president. Well, that's not true because the DMV, this area where we live, is now in a recession. Uh, a lot of it because of the policies of the administration coming in here with just a a chainsaw and firing people. Um, this has been a very painful government shutdown for a lot of people in the ar ...
MAGA loses as Trump-inflation drags polling to Biden level: See REVOLT haunting GOP for midterms
MSNBC· 2025-11-12 01:11
Top news story tonight begins with a very telling moment. You're going to see it right now as Republican Congresswoman's Iowa town hall boiled over with voter anger regarding healthc care costs that even led to heckling >> when the uh Affordable Care Act was passed. >> The reason why I was >> lower cost, greater leaders, vote for on the um affordable care act or the unaffordable care act.There was no >> what's your plan. >> It's minimal number of people that is >> how much your go. >> That is the sound in o ...
Small Business Owner Optimism Just Hit a 6-Month Low—Here's Why
Investopedia· 2025-11-12 01:00
Core Insights - Small business sentiment declined in October due to the ongoing U.S. government shutdown and hiring difficulties, leading to concerns among owners [1][2][7] - The NFIB Small Business Index fell to 98.2, marking a slight decrease for the second consecutive month and remaining just above the 52-year average [2][7] Economic Impact - Small businesses are crucial to the U.S. economy, contributing to approximately 60% of new job creation, making their sentiment a significant indicator of hiring and overall economic conditions [3] - The government shutdown has extended into its 42nd day, creating uncertainty in economic data and affecting various sectors, including air travel [4] Hiring and Sales Challenges - Nearly 90% of small business owners reported difficulties in finding qualified employees, with labor quality being the most pressing issue, particularly in the construction industry [8] - The percentage of owners reporting higher sales dropped by six points, while those reporting higher profits fell by nine points, indicating deteriorating sales and profit levels [9] Future Outlook - Despite the declines, a positive outlook remains as the number of businesses expecting sales to improve is still favorable, and plans for capital expenditures have reached their highest levels of the year [10] - The uncertainty index fell by 12 points to a reading of 88, the lowest in a year marked by various economic challenges, suggesting a slight stabilization in economic conditions [10]
There could be a buying opportunity in consumer packaged goods stocks, Jim Cramer says
CNBC· 2025-11-12 00:00
Group 1: Investment Opportunities in Packaged Goods - Investment in packaged goods stocks, such as Procter & Gamble and Kimberly-Clark, is suggested as they are seen as undervalued winners in the sector [1][2] - The packaged goods sector has faced challenges due to high inflation and low growth, but inflation may be nearing its peak, potentially reducing costs for consumer giants [2] - Kimberly-Clark's acquisition of Kenvue is noted, along with praise for its brands, while Procter & Gamble is recognized for its innovation and scale to lower product costs [3] Group 2: Broader Market Insights - Clorox is highlighted as a poor performer in the S&P 500, but its products, including Burt's Bees and Hidden Valley, are still favored [3] - General Mills is mentioned as a risky investment, particularly if there is speculation about a takeover, due to the impact of weight loss drugs on food stocks [3] - Beyond traditional packaged goods, opportunities in pharmaceuticals are emphasized, with Johnson & Johnson and Amgen identified as solid picks amid expected industry mergers [4]