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The markets are telling us a message of growth and optimism, says Joe Lavorgna
CNBC Television· 2025-06-30 13:26
President Trump expecting to see his long-awaited reconciliation bill on his desk by this Friday. Joining us right now is Joe Leavia. He's counselor to Treasury Secretary Scott Bessant.Good morning to you. Morning, Andrew. We are getting closer.We have a what do they call it. A voterama taking place uh today. What do you think has to happen to I mean we've had a couple of different people even on the show this morning who said there's still some other reconciliation issues that really have to take place bef ...
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Bloomberg· 2025-06-30 13:06
India’s central bank says the country remains a key driver of global economic growth as domestic inflation continues to align with its target https://t.co/2BNzPIBFus ...
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Bloomberg· 2025-06-30 06:12
Economic Growth - The UK economy experienced strong growth in the first quarter of the year [1] Policy Impact - The growth occurred before the Labour government's tax increases and additional US tariffs took effect [1]
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Bloomberg· 2025-06-29 07:30
South Korean President Lee Jae-myung nominated Koo Yun-cheol as the next finance minister, turning to a veteran bureaucrat to guide the economy at a time of sluggish growth and mounting trade pressures https://t.co/COYIFWvLHq ...
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mert | helius.dev· 2025-06-28 19:05
it's also completely backwardsthe reason these people save is because they are pessimistic of the future — so they must keep whatever they canthe reason they're pessimistic of the future is because of the lack of growth opportunitiesthe reason for the lack of growth is because the bureaucracy punishes risk taking entrepreneurs on several cultural, financial, and regulatory dimensions ...
摩根士丹利:印度经济-政策推动助力增长
摩根· 2025-06-27 02:04
June 23, 2025 12:53 AM GMT India Economics – Macro Indicators Chartbook | Asia Pacific Policy Impetus to Bolster Growth Growth indicators exhibit a modest recovery led by domestic demand. Macro stability indicators have improved, increasing flexibility for policy makers. Uncertainty from external conditions continues to weigh on growth, even as India appears better placed on a relative basis. 1) Growth – uneven recovery: High-frequency data in May suggest a mixed trend across indicators, with ones such as G ...
How Trump's tax bill impacts markets, plus how a GOP accounting move hides trillions
Yahoo Finance· 2025-06-26 23:40
The Congressional Budget Office, known in your hood as the CBO, estimated that the GOP's tax bill will increase the deficit by $2.4% trillion over the next 10 years. University of Pennsylvania's Wharton budget model estimates that estimates that it could increase by as much as $4.3% trillion with the Senate and House hoping to have a finished version of the tax bill ready by July 4th. This could be the next big piece of economic data.I want to bring in Brett Ryan, Deutschbank's senior US economist. And stil ...
Allianz's Mohamed El-Erian weighs the economic impact on Trump replacing Fed Chair Powell
CNBC Television· 2025-06-26 17:52
Let's bring in Muhammad Ali. Muhammad is gonna have a few thoughts on this for sure. Alian's chief economic adviser, Muhammad.And here's the thing with the president's um kind of furer at Powell who is is not being very dovish right now. And and we've seen this with Supreme Court picks as well. You know, you think you're getting a conservative and you know, so is the president going to go out of his way to get someone who he thinks is going to be Look at everyone he's appointed to his cabinet the second tim ...
Rep. Chris Roy: Senate tax bill 'needs to improve' before it comes back to the House
CNBC Television· 2025-06-26 12:42
Fiscal Policy & Deficit Concerns - The industry emphasizes the importance of avoiding tax increases for Americans [3] - The industry expresses concern that the Senate bill could add up to $1 trillion of additional deficits [5] - The industry believes deficits should go down to combat inflation and lower interest rates [8] - The industry highlights the need for more cost savings to combat inflation and lower interest rates [12] - The industry notes that the House bill assumed 26% economic growth and aimed to be roughly break-even, with a potential $72 billion increase in deficits over a decade [4] Welfare & Work Requirements - The industry advocates for work requirements for those receiving benefits like Medicaid and food stamps [15] - The industry aims to return to the common sense welfare reform of the 1990s [16] - The industry points out that Medicaid benefits are projected to increase by 30% over the next 10 years under the proposed bill [19] - The industry wants to ensure that food stamp dollars are redirected to those who most need them with appropriate eligibility checks [20] Energy Policy - The industry opposes subsidizing inefficient energy that enriches the Chinese [6] - The industry wants to terminate the Green New Deal subsidies [5][8] State and Local Tax Caps - The industry opposes rewarding blue state high tax jurisdictions with a big pop to the state and local tax caps, which could cost another $350 billion [17]
A broadening of the market is beginning, says Dynamic Funds' Noah Blackstein
CNBC Television· 2025-06-26 12:09
joining us now with more on the markets, Noah Blackstein, Dynamic Funds, senior portfolio manager. Uh, no, we u, you know, we looked into the abyss when we I think the S&P got down to God, was it 4,800. I don't know where it was.We're we're almost all the way back to new highs. More new highs or now we look around and say, "Okay, what do we do?" Um, we're back to where we started the year basically up a little. We're up just a little.I mean from from the abyss we're up a lot obviously but um you know just f ...