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Notations On Our World (Special Friday Edition): #RandomThoughts on Our World
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As our team continues its' on-going assessment of the US Election Scene, we hereby present the following courtesy Seth Meyers and Trevor Noah on the week that was:
In its last meeting before the November elections, the Federal Reserve on Wednesday did as expected and announced that it will maintain a target interest rate at or near zero percent until the economy recovers from the coronavirus pandemic, which could take years to accomplish.
Counting votes cast in Maine's marquee Senate race will be complicated this fall by a likely surge in mail-in ballots and its voting system.
Republican Sen. Susan Collins needs majority support, not just a plurality of the votes, if she wants to win her fifth term after first being elected to Congress in 1996. That's because, for the first time, Maine's Senate race could be decided by ranked-choice voting.
Our team pulled together some thoughts as the Tariff Wars continue and America's Status in the World continues to be of concern: Global Economy America the Unstable The US will pay a market penalty for Trump’s turmoil APRIL 13, 2025 by Rana Foroohar Global Economy Trump chaos prompts top Canadian and Danish pension funds to cool on US Rethink comes as tariffs and talk of territorial expansion stoke market instability and geopolitical tension APRIL 13, 2025 by Sun Yu and Antoine Gara in New York and Mary McDougall and Arash Massoudi in London The impact of tariffs on US GDP growth and inflation The “reciprocal” tariff policy President Trump announced this week would impose a weighted average tariff rate of 18.3% on US trade partners, around 3 percentage points higher than Goldman Sachs Research had expected. Roughly one-third of total imports would be exempt, which reduces the impact to a 12.6 percentage point increase in the effective tariff rate. Our res...
Global Economy Senior Federal Reserve official puts ‘50-50’ odds on tariffs sparking sustained US inflation Head of the US central bank’s St Louis branch Alberto Musalem expects uncertainty ‘through the summer’ JUNE 7, 2025 by Claire Jones, US Economics Editor
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