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Eleanor PringleFortune |
Republican sources told Fortune that it was unlikely Warsh himself would be the cause of any vote against his candidacy, while Democrat sources say...
"I know energy prices will move lower, and I know stocks are going to go back to focus again on the other big existential questions that they were...
"I can tell you there are debt hawks like myself that see a debt crisis on the horizon as an equal if not greater and more irreparable threat. We have...
"It is too soon to identify potential second-round effects in inflation or labor markets," cautioned UBS's Paul Donovan.
"My hope would be that, come January, the campaign is over and [they] lay down some of the weapons and pick up some of the calculators and pencils,...
"We can fight over who got the worst end of the shortest stick, but we clearly are doing a disservice to anybody participating in the economy in the...
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, called on lawmakers to "ultimately fix the broken process that got us...
"We haven't had the will yet to actually deal with it, and it's unfortunate because it can end up with a real problem, worse than it would otherwise...
"It took decades to get us into this hole, and it will take a concerted effort to get out of it."
Households whose budgets have a higher allocation toward groceries, fuel and utilities—either because of geography or income—are more exposed to...
"I could paint a scenario where I could see, a year from now, oil at $40 a barrel, I could see it above $150—we have two very extreme outcomes,"...
"Markets are not reacting to information; they are generally reacting to social media posts and headlines—even if those posts or headlines are fake...
"We are living through a period where things that would've defined a decade have become routine," Fink wrote.
"Here’s the sad, sobering, and stunning truth: despite the urgency of our fiscal crisis, Congress is paralyzed—unable to meet the urgency of the...
"We see the next policy move as a hike with the most likely timing in 1H27," wrote David Doyle.
People aged between 18 and 29, who are Gen Z, were the most likely to find extreme wealth distasteful. One-third said it was morally wrong.
"If my successor is not confirmed by the end of my term as chair, I would serve as chair until he is confirmed. That is what the law calls for."
"If oil prices remain elevated for much longer (weeks and not months), a recession will be difficult to avoid," Zandi said.
"The key issue is not simply crude oil itself. It is gasoline, the most visible price in the economy for consumers, and when that price jumps it hits...
"Only expect minor statement tweaks, including smoothed language on recent labour data," noted Deutsche Bank's Jim Reid.
"It's one thing to want to do something and then it's another to be able to do something."
Jamie Dimon recalled his 1998 firing from Citigroup and how buying $60 million in Bank One stock marked his comeback to lead JPMorgan Chase as CEO.
"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.
Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic...
"We need policymakers to come together, agree to reduce deficits ... and put our national debt on a downward sustainable path as a share of the...
“As a strategist, the risk case that we’re worried about is that there’s a lot of potential paths that this can take, that are out of the...
In total, deficits post-ruling will be $2 trillion larger than they were before the Supreme Court decision.
"Clearly there’s growing scepticism that a new Chair can start cutting straight away, particularly with the data as strong as it is right now,"...
The Supreme Court ruling also allowed Trump a peculiar loophole to strengthen his hand against bargaining partners, Ross said.
Speaking exclusively with Fortune, Ross said Iran "is going at least as well as anyone could have hoped," and that he is "intrigued" that China and...
"We look at risk, at the broad range of outcomes, and there are negative outcomes. One of them would be inflation, I call it the skunk at the party,"...
"President Trump indicated attacks could go on for four or five weeks, and there are already reports of a need to urgently replenish weapons...
Boomers—particularly wealthy older people—are "driving the train" when it comes to the economy right now, economists told Fortune.
Come 2030, the annual deficit will be worth roughly 5.9% of GDP, on par with the provisions set aside for health and social security programs, and...
"Comments about prices, inflation, and the cost of goods remained at the top of consumer’s minds. Mentions of trade and politics also increased in...
"If you read history books, there are a lot of examples where you could get surprised," Dimon told analysts yesterday.
"My sense is that could be dragged out for weeks, months, years," Treasury Secretary Scott Bessent said.
"I've got a lot of sympathy for Warsh's view. But the transition from here to where he wants to get, could be problematic."
Perhaps unsurprisingly, given the escalating tensions between Washington and Beijing, in 2025 the deficit with China decreased $93.4 billion to $202.1...
"While Warsh may enter with a perceived dovish bias, he will first need to demonstrate that his views are anchored in economic fundamentals rather...
In some roles, it actually pays to stick with the same employer. In leisure and hospitality and IT, workers who stayed in their roles actually saw...
"Such confusion often leads to inertia, and we suspect that there will be no knee-jerk policy reaction to any of the week’s reports," Oxford...
"People wrote ... in 1969 that there would be no managers left in business because the computer itself would eliminate the need for managers, because...
"Nobody truly knows who the long-term winners and losers of this extraordinary technology will be," Deutsche's Jim Reid wrote this morning.
"Markets may be reminded that under the U.S. Constitution, no president—even one as historic as President Trump—has unchecked power," PIMCO's...
A look at BofA's data shows the shape of the consumer economy is no longer a K—if we're sticking with the alphabet theme, one might suggest an 'E'...
Annual interest payments will double to $2.14 trillion by 2036, nearly double the yearly budget for spending on defense.
Trump's claim that a trade deal between China and Canada would result in an ice hockey ban "perhaps underestimates the general Canadian support for...
BRIC nations have been "quietly leaving the Treasury market," ING observed in December.
"Interestingly, that pattern echoes what we saw in 2000 as the dot-com bubble started to burst," Deutsche's Henry Allen wrote. "Equities started to...