And from the day I take the oath of office, we will rapidly drive prices down and make America affordable again. We will end inflation, slash your prices, raise your wages, and bring thousands of factories back to America. With your vote in this election, we will end inflation.We all of us together, we are going to save America. We're going to save America. We're guessing he just might have a different definition of what it means to save America than the rest of us.Donald Trump up and down the campaign trai ...

Market Volatility and Economic Outlook - The market has become accustomed to policy twists and turns, anticipating quick reversals to more favorable conditions [2] - Volatility is currently painful, but a settling down of policy could allow positive economic forces to take over [3] - The economy is in good shape with low unemployment, steady employment, and gradually decreasing inflation [5] - Fiscal policy is stimulative, and monetary policy is increasingly accommodative, creating tailwinds for the economy and markets [6][7] - The Federal Reserve (Fed) is correct in waiting for more evidence of weakening employment or reduced inflation before cutting interest rates [8] - There is a belief that there will be a couple of interest rate cuts this year, with the probability of three cuts being greater than one [8][9] Federal Reserve and Political Influence - The market has generally received Jay Powell well, despite initial concerns about his non-traditional economist background [15] - Jay Powell has done an excellent job, especially considering the challenges of COVID-induced inflation [16][17] - Political pressure on the Fed continues, raising questions about the next Fed chair and potential for a more dovish approach [9][11][12][13] - Any future Fed chair must build consensus among the Open Market Committee members, requiring a balanced approach [14] Political and Economic Divides - The current budget and tax bill primarily benefits wealthier individuals, potentially not resonating with the broader electorate [19] - Affordability is a key issue, as many people are not benefiting from the economy's performance to the same extent as those at the top [23] - New York City needs to focus on job creation, affordable housing, education, and public safety to maintain its standing as a financial capital [26][27][28]

Healthcare Bill Impact - The bill is unpopular with Americans, with polls showing Republicans "underwater" on the issue [8] - The bill includes Medicaid cuts that are expected to cause hospital closures and have real-world effects [5] - Republicans are budgeting for people to be kicked off Medicaid to pay for tax cuts [2][13][14] - Work requirements for Medicaid eligibility are included, but their effectiveness and factual basis are questioned [2][6][7] Economic and Fiscal Implications - The bill is expected to increase debt and deficit [3][5] - Republicans argue that continuing tax cuts are critical for economic growth [9] - Democrats are labeling the bill as a cut to healthcare with tax cuts for the rich, increasing the debt [12] - The bill lacks fundamental reform in the healthcare system, focusing on cuts rather than improving health outcomes [17][21] Political Landscape - Democrats are likely to win the House in the midterm elections, partly due to the unpopularity of the bill [11][12] - Republicans face the challenge of countering the Democrats' narrative that the bill takes away healthcare [10] - The bill started as a tax policy exercise but became a healthcare conversation, for which Republicans were unprepared [24]

virtuals ecosystem flips the script• wasabi dex: $3m volume, every trade feeds agent teams• virgen points live: hold staked agents = earn allocation power• acp protocol: agents now pay each other for tasks• dao proposals passed: sniper defense already redistributed $5.3magents building their own economy ...

Inflation & Interest Rates - Sweden's inflation rate accelerated more than expected last month [1] - This increase in inflation diminishes expectations of an interest rate cut by the central bank in August [1] Economic Impact - The delayed interest rate cut could hinder efforts to support Sweden's struggling economy [1]

Thailand will push ahead with plans to stimulate the economy and pass the budget for next year as planned, Finance Minister Pichai Chunhavajira said https://t.co/UeKcC4y4pC ...

Policymakers are suspiciously good at steering the world’s second-biggest economy. Many economists worry that the government fiddles the figures https://t.co/SIPaj9tqPh ...

South Korea’s parliament approved a $23.3 billion extra budget as President Lee Jae Myung seeks to revive an economy struggling with weak consumption and mounting trade risks from US tariffs https://t.co/J9ytaqJYwh ...

“American voters do not trust Democrats on the economy,” warns Jake Auchincloss. In a guest essay the congressman argues that his party should adopt a new framework in order to gain back that trust https://t.co/zmunpPs1As https://t.co/61u40Ka1Zk ...

uh with JP Morgan Asset Management's chief global strategist, David Kelly, who joins us. David, very good morning to you. Good to see you.Glad to be here. Let's I mean, as Sarah said, lots to break down there from potential trade deals or not, uh the bill going through Congress, but also the jobs number. How much better than expected was the jobs number.Does it tweak your outlook for the economy a lot or not. Only very slightly. Um I mean, it's fine.I mean, the the economy is slowing down slowly, but I thin ...