News
GDP Doesn’t Measure Economic Growth Well, Nobel Winner Says
Joseph Stiglitz, head economist under Bill Clinton, complains that income inequality and environmental decline are left out of calculations.
Tag: GDP
Further Fed Stimulus Falls on Increasingly Barren Ground
Evidence mounts that, after 10 years of extremely low rates, the impact of more cuts is limited.
Market Moves
So the Federal Reserve Doesn’t Care About the Stock Market? Baloney
Fed Chairman Powell’s words belie the official mandate, State Street’s Arone finds.
Is China Unstoppable?
The world’s second-largest economy seems destined to overtake the US over the next decade. At the same time, its growth rate is slowing.
Economic Expansion Sets Twin Records for Length—and Weakness
US GDP has been growing for 121 months in July, but the growth rate is a mere 2.3%.
That Nifty 3.2% GDP Surge Doesn’t Impress Morgan Stanley
Firm’s economists think the pace will slow to 1.1% in the current quarter.
GDP Forecasts for 2nd Quarter Show Deceleration
But latest estimates indicate slight improvement from previous calls.
Market Moves
Greenspan Says Expanding Entitlements Will Squelch Economic Growth
Former Federal Reserve chief warns that huge obligations will crowd out needed capital spending.
Study: Paris Climate Agreement Would Hurt US Economy
EU analysis says US GDP would drop 3.4% by 2030.
Global, US Economies Should Be Fine Through 2019, Bank Says
Growth is expected to slow next year, though, according to BNP Paribas.
High GDP May Lead to Market Problems, Paulsen Says
Leuthold strategist fears hot economy will push up inflation, threatening advance.
Strong 2nd Quarter GDP Growth Was an ‘Outlier,’ Noted Economist Says
Pantheon’s Ian Shepherdson says tax cuts spurred 4.1% increase, and he thinks future readings will be lower.
Saudi Arabia Sets Forth “Vision 2030” Economic Reform Agenda
Oil-rich nation seeks to diversify its economy and boost its private sector.