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Trump Sees 15% Economic Growth Under Fed Pick Warsh
Bloomberg Television· 2026-02-10 15:26
Tyler Sky high maybe understates it. 15%, 15% growth. Yeah.Jon, At this point, it's probably an understatement to say President Trump was trying to shed some light here on his hopes for an anticipated Fed chair, Kevin Warsh. It is unclear if the president was referencing year over year growth or some other metric, but underscores what could be intense pressure for the next Fed chair if and when he is confirmed. Now, perhaps behind this very rosy target is the fact that we are heading into the midterm electi ...
Trump Sees 15% Economic Growth Under Fed Pick Warsh
Youtube· 2026-02-10 15:26
Economic Outlook - The anticipated economic growth target of 15% may be overly optimistic, reflecting potential pressure on the next Federal Reserve chair, Kevin Warsh, as the midterm elections approach [2][3] - A recent Pew Research poll indicates that 70% of Americans view the economy negatively, with many describing it as fair or poor [3] Government Policy and Strategy - The White House is relying on monetary policy under a potential Fed chair Warsh to stimulate economic growth [3] - Key policy proposals include expectations for larger tax refunds this season and a continued focus on onshoring manufacturing [4]
US Retail Sales Stall in December
Bloomberg Television· 2026-02-10 15:00
IT GIVES YOU A SENSE OF THE BACKDROP FROM THE CONSUMER. JONATHAN: THE NEXT 12 MONTHS, "IN MANY WAYS WE ARE AT A CROSSROADS AND THE NEXT FEW WEEKS SHOULD BE TELLING FOR THE FIRST HALF OF 2026." CHRISTINA, JOINS US FOR MORE, THAT WAS NOT AT -- THAT WAS NOT A NICE DATA POINT ON RETAIL SALES. KRISTINA: THE DATA REMAINS NOISY AND WE KNOW WE ARE CONTINUING TO BALANCE THE INFLATION AND A LABOR MARKET BUT WE KNOW THAT THERE IS A BIFURCATION OF THE CONSUMER.WE ARE TALKING ABOUT THE K-SHAPED RECOVERY. WE KNOW THAT TH ...
X @Bloomberg
Bloomberg· 2026-02-10 14:16
South Africa’s economy has entered its strongest phase in 10 years and could see growth accelerate if efforts to clear its infrastructure backlog gain traction, according to an economist at the continent’s largest bank by assets. https://t.co/fIrSPN06Ma ...
X @Bloomberg
Bloomberg· 2026-02-10 14:10
Kenya’s central bank cut its benchmark interest rate for the 10th time in a row to spur economic growth as inflation remains within its target band https://t.co/UArnSWOVap ...
Stay With Cyclicals Amid Tech Woes, UBS Australia Says
Bloomberg Television· 2026-02-10 04:04
Australia's biggest companies heading into earnings season in an upbeat mood with expectations for the ASX 200 back at their highest since the middle of 2023. And the materials sector has been driving things thanks to these stronger commodity signals. Although the end of the RBA's easing cycle could weigh on consumer focus, sectors, risks also remain from the strong Australian dollar and elevated valuations.Let's get more with UBS Australia equity strategist Richard Shell back, which is good to see you. How ...
X @Bloomberg
Bloomberg· 2026-02-10 04:02
Bank of America significantly boosted its prediction for Taiwan’s economic growth this year, adding to a slew of upgrades even after a rip-roaring 2025 propelled by AI demand https://t.co/UBoAoEAhbu ...
NEC's Hassett Warns of Weaker Jobs Report
Bloomberg Television· 2026-02-09 16:53
Luke Tilley of Wilmington Trust writes in The US labour market is in an extremely weakened condition. We are officially projecting a 60,000 gain in private payrolls and the unemployment rate to tick up to 4.5%. Lo joins us now for more.Welcome back. I feel like I've been asking this question for the best part of 12 months now. What is a good number on Wednesday.What does that look like these days. Well, it's obviously a lot lower because of the low labor force growth that we have. But I don't spend a lot of ...
X @BSCN
BSCN· 2026-02-09 13:07
🚨MARKETS: CHINA NOW BEHIND 20% OF GLOBAL ECONOMYChina's market share of the world's economy has risen to as high as 19.6% as of the latest data.This is up from just 2.9% in 1985 - An increase of more than 575% on the space of around forty years.Data, BRICS https://t.co/ybpBbYx5qF ...
X @The Economist
The Economist· 2026-02-08 14:20
Growth in America remains the envy of the world. Yet look closely and the picture is darker and more complex https://t.co/i1CiDzknvD ...