It appears President Trump was up late last night watching election results. In a flurry of rambling social media posts, he weighed in on why Republicans lost across the board. Just after 10 p.m. Eastern, Trump offered this excuse for the sweeping nationwide GOP losses, writing, quote, "Trump wasn't on the ballot and shutdown were the two reasons that Republicans lost elections tonight. " About an hour later, he posted again calling for the passage of so-called voter reform, pushing for voter ID laws, endin ...

Economic policy is the only credible explanation for copper’s price surge. Donald Trump’s trade barbs have warped the markets https://t.co/8jnV7fqP0M ...

Labor Market Dynamics - The overall national aggregate hiring rate is at a very low level [1] - The layoff rate is also at a very low level [1] - It's become tough for people just entering the labor force to be hired [1] Economic Uncertainty - Companies have slowed down hiring to observe how economic policy changes will unfold [2] - The economy is characterized by low fire and low hire rates [2]

The interest rates in the US are too high right now given the the health of the economy. If you have an economy that's changing rapidly for the better, it will produce more goods. Uh and that that is not getting uh accommodated uh within the Fed's policies.So the US should have a lower yield curve because the economy is so strong. That's not part of the Fed's model. Central banks tend to say no if things are really good then we raise rates.That's the reverse of what the the what should be going on. Final po ...

Just now on the central economic policy of this Trump administration in a huge blow to the White House and its agenda and a big win I would say for everyone else. A federal appeals court has just ruled that Trump's sprawling tariffs are unlawful and invalid. Of course, the president has been obsessed with imposing his willy-nilly tariffs on Americans. In fact, it has been the central plank of his entire economic agenda.Now, it has been wildly unpopular. It's pulling underwater. It is costing consumers and c ...

Trade Policy & International Relations - The US president is increasing tariff pressure on India, a key trading partner, due to their purchases of Russian oil, accusing them of profiteering and funding Russia's war in Ukraine [1] - India criticized the tariff escalation as unjustified, highlighting previous US support for their plan to keep oil flowing globally at a price that would reduce Russia's revenue [2] - The president is demanding investment pledges from various countries and threatening trade partners with high tariffs if they don't provide the money [7] - The imposition of tariffs is viewed as a tax primarily borne by US importers [8][11] Economic Impact & Market Concerns - The president's actions towards India and Brazil suggest a pattern of constant uncertainty and threats regarding trade [12] - Concerns exist that reliance on tariff revenue could create a cycle of dependence [11] - Tariffs are expected to increase prices for consumers on everyday goods like shoes, coffee, and bananas [14] - The uncertainty caused by these trade policies is considered harmful to the economy [13] Alternative Strategies & Policy Debate - A previous strategy involved allowing countries like India to buy Russian oil at a capped price to maintain global oil supply while reducing Russia's revenue [6] - Questions are raised about whether the current administration has a better plan to hurt Russia without raising gas prices globally [7] - The current approach is seen by some as deviating from the principles of open markets and independent central banking that have historically supported the American economy [9][10]

Government Data Manipulation Risks - Political leaders meddling in government data rarely ends well, as seen in Greece, China, and Argentina [1][2] - Undermining data integrity erodes a country's international standing and increases borrowing costs [2][4] - Accurate data is crucial for citizens to hold leaders accountable and for informed decision-making [5] Economic and Investment Implications - Data manipulation creates uncertainty for investors and companies making capital expenditure decisions [10][11] - Distrust in government data can undermine confidence in the country's credibility domestically and internationally [4][13] - The US is at a critical juncture, and the integrity of data production needs to be maintained to avoid a loss of confidence [7][8] Historical Parallels and Warnings - Argentina's systematic understatement of inflation led to a loss of international confidence and a debt crisis [2][3] - Greece's prosecution of the head of its statistical agency further eroded its international standing [1][5] - Janet Yellen likens the US situation to that of a banana republic, highlighting the severity of the concern [6]

Geopolitical fragmentation is a poor instrument of economic policy (via @opinion) https://t.co/rNJJ13fOzb ...