China missed GDP forecasts for the fourth quarter on Wednesday, but it started disclosing the youth unemployment rate again. China’s National Bureau of Statistics reports that the country’s GDP increased by 5.2% during the last three months of 2023. That… Read More ›
Geopolitics
Wall Street Banks Acknowledge Impending Risks While Expressing Optimism
When the CEOs of the largest investment banking firms revealed their fourth-quarter earnings on Tuesday, they gave a positive assessment of the state of the U.S. economy and deal pipeline, but they also cautioned about potential threats to the emerging… Read More ›
China’s Population Declines For A Second Year, Raising Questions About Long-Term Growth
In 2023, China’s population declined for a second year in a row due to a record low birth rate and a wave of COVID-19 deaths that coincided with the lifting of strict lockdowns. These factors will have a significant long-term… Read More ›
China’s Growth Is Forecast To Drop To 4.6% In 2024, Putting Pressure On Decision-Makers
A Reuters poll indicated that China’s economic growth will probably drop to 4.6% in 2024 and then to 4.5% in 2025, putting pressure on officials to implement more stimulus measures in the face of deflationary pressures and a sharp decline… Read More ›
Boston Consulting Group Report Predicts Bank Valuations Might Increase By $7 Trillion In Five Years
According to a report from the Boston Consulting Group, if global banks take significant action to encourage growth and increase productivity, they might increase their valuations by a total of $7 trillion over the course of the next five years…. Read More ›
US Political Advertising Expenditures To Rise 30% In 2024 Due To The Digital Explosion
According to research firm Insider Intelligence, political advertising expenditure in the United States is predicted to increase by 30% this year compared to the previous presidential election in 2020, in part due to increased spending on digital platforms. According to… Read More ›
With Continuing Decline In Prices, Deflationary Pressures On China’s Economy Are Intensifying
December saw a third consecutive month of declines in factory-gate prices and consumer prices in China, underscoring ongoing deflationary pressures in an economy that is finding it difficult to make a sustainable recovery. The consumer price index (CPI) increased 0.1%… Read More ›
Escalation Of Tensions In The Middle East Upsets The Market’s Risk Balance
Global investors, who entered 2024 uncertain about the duration of stock market rallies and the timing of rate cuts by central banks, may decide to reduce their risk exposure as a result of the abrupt escalation of the Gaza conflict…. Read More ›
Recession In The UK Economy Is A Possibility In Spite Of Growth In November
The British economy expanded somewhat faster than anticipated in November, but it is still vulnerable to a modest recession, which might be detrimental to Prime Minister Rishi Sunak ahead of the anticipated 2024 election. After declining by 0.3% in October,… Read More ›
Is The Chinese Consumption Boom Over? This Is What Experts Have To Say
Following a year of patchy and poor post-pandemic recovery in 2023, China’s consumer mood may begin to improve this year. Last year, the world looked to China’s grand reopening as a trigger to lift the global economy out of its… Read More ›