Economist
Appearances
Global News Podcast
Putin 'ready' to discuss Ukraine war with Trump
Both for our and the American economies, prices that are too high are bad because producers within the country using energy resources need to produce other goods within the country. And prices that are too low are also very bad because they undermine the investment opportunities of energy companies. That's a matter for us to discuss.
Global News Podcast
Israeli airstrikes have hit several targets inside Yemen
Our study is on the basis of the spending boost that it is going to put towards Indian economy. We estimate a push of around 400 to 420 US dollar billion. That's economist Ipanita Mazumdar. The major chunk of it is going to come from the ticket spending. There is going to be a major push from food and beverages and hotels and transport. So demand is there.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
The economy just doesn't work like a light switch. And that's the risk he takes if he is negotiating, is he could get something that looks like a good deal in the end, and it could be too late for the economy.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
It's so hard to answer when you don't know and markets don't know how long term the actual implementation of the tariffs will prove to be. It's one thing that some would argue is by design, but it's one thing that is characteristic of President Trump's kind of approach to this is a little bit of uncertainty, a little bit of chaos.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
No, I do not think stocks are due for a quick recovery if we are really moving to a long-term 34% impairment of global trade. We are really looking at taking potentially $500 billion out of US GDP in a year. Those things, if they were really to happen, you could argue that stocks have much more repricing to go. But of course, the upside risk is that you could also get an announcement in 48 hours
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
They got some concessions or some sort of headline announcement that is reversing course on a lot of this. So it's all in flux when it comes to markets.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
I like what Secretary Besson has said to me privately and what he has said on the record publicly in the past about the fundamental problems in the economy being related to too high of debt and too low of growth.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
I do not believe that one of the fundamental problems is what Secretary Lutnick is saying, that we, as a country that exports more services to the rest of the world than anybody but buys a little bit more goods, from the rest of the world than we sell to them, then that represents the core economic dysfunction of our economy.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
Our economy is growing at some part growth because the government debt is too high a percentage. So myself, as one who really believes in the robustness of the private sector, the efficiencies that come from private market resource allocation, not a command control economy, I see this as a non sequitur. I'm not looking for 1600 Pennsylvania Avenue to run the economy.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
And that includes decisions as to what types of industries you want to prop up and what industries we want to prop down. If we were to be effective, which I do not believe they will be, but if we were to be effective in bringing more domestic manufacturing to America, they can't do that without hurting services.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
And I would rather that our federal government not be in the business of picking those winners and losers.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
My best guess is that some products are going to go up immediately. Some products will lag before they see a price increase. But that the bigger problem to the American kind of middle class economy will be declining economic growth. I'm a supply-sider, and I firmly believe that economic growth comes from the production of goods and services.
Morning Wire
Tariffs Trigger Turmoil & Anti-Trump Protests Erupt | 4.7.25
And that innovation, that capital investment, they're going to be declining in the months ahead. That leads to downward pressure on jobs, downward pressure on wages, and downward pressure on corporate profits doesn't matter. They're going to find out the corporate profits are the mother's milk of economic growth.
The Daily Show: Ears Edition
Trump Proposes Gaza Takeover, Ko$ta Doin' Business | Julia Stiles
Avocados are going to sell a lot in the next week. It's what, Sunday, the Super Bowl. So if that tariff had hit, the retail price would have jumped up at least 25%, and everybody's guacamole would have been that much more expensive.
The Daily Show: Ears Edition
Trump's "Liberation Day" Tariffs & Booker's Speech Breaks Senate Record | Melissa Arnot Reid
I feel like in some ways in the economy, this is kind of like a kitchen remodel or a bathroom remodel. There's a bit of a mess at the beginning, but everybody has a long-term look of where we're headed.
Up First from NPR
Jordan's King In Washington, New Tariffs, NYC Mayor's Corruption Charges
You lose jobs in the manufacturing sector when you put together the higher cost of inputs and the retaliation, which is sure to come like night follows day.
Up First from NPR
Jordan's King In Washington, New Tariffs, NYC Mayor's Corruption Charges
You lose jobs in the manufacturing sector when you put together the higher cost of input and the retaliation, which is sure to come.