FTSE 100 Hits Record High Amidst Weaker Pound and Rate Cut Expectations
The FTSE 100 index closed at a record high of 8,505.22 on Friday, boosted by a weaker pound and expectations of interest rate cuts, despite a contraction in UK retail sales and negative economic sentiment.
FTSE 100 Hits Record High Amidst Weaker Pound and Rate Cut Expectations
The FTSE 100 index closed at a record high of 8,505.22 on Friday, boosted by a weaker pound and expectations of interest rate cuts, despite a contraction in UK retail sales and negative economic sentiment.
Progress
44% Bias Score
Money: A History of Human Emotion and Finance
David McWilliams's "Money" chronicles the history of money, from ancient bartering to modern finance, illustrating how human emotions and social behaviors have profoundly shaped monetary systems and their impact on societies, and questioning the future of cryptocurrencies and MMT.
Money: A History of Human Emotion and Finance
David McWilliams's "Money" chronicles the history of money, from ancient bartering to modern finance, illustrating how human emotions and social behaviors have profoundly shaped monetary systems and their impact on societies, and questioning the future of cryptocurrencies and MMT.
Progress
20% Bias Score
Biden Administration Imposes Sweeping New Sanctions on Russia
In a final act before leaving office, the Biden administration announced a series of new sanctions targeting Russia's oil revenues, aiming to cut billions of dollars a day from its war chest and further cripple its economy while attempting to prevent any weakening of sanctions by future administrati...
Biden Administration Imposes Sweeping New Sanctions on Russia
In a final act before leaving office, the Biden administration announced a series of new sanctions targeting Russia's oil revenues, aiming to cut billions of dollars a day from its war chest and further cripple its economy while attempting to prevent any weakening of sanctions by future administrati...
Progress
52% Bias Score
World Bank Warns of U.S. Tariff Impact on Global Growth
The World Bank warns that U.S. tariffs could reduce global growth by 0.3 percentage points in 2025 and U.S. growth by 0.9 percentage points if retaliatory tariffs are imposed, while extending U.S. tax cuts could boost U.S. growth by 0.4 percentage points in 2026; the report also highlights weak grow...
World Bank Warns of U.S. Tariff Impact on Global Growth
The World Bank warns that U.S. tariffs could reduce global growth by 0.3 percentage points in 2025 and U.S. growth by 0.9 percentage points if retaliatory tariffs are imposed, while extending U.S. tax cuts could boost U.S. growth by 0.4 percentage points in 2026; the report also highlights weak grow...
Progress
40% Bias Score
Record Foreign Investment in China Amidst Global Uncertainty
In the face of rising global protectionism, China attracted a record number of 52,000 newly established foreign-invested enterprises in the first 11 months of 2024, driven by its market size, manufacturing capabilities, and ongoing efforts to improve its business environment.
Record Foreign Investment in China Amidst Global Uncertainty
In the face of rising global protectionism, China attracted a record number of 52,000 newly established foreign-invested enterprises in the first 11 months of 2024, driven by its market size, manufacturing capabilities, and ongoing efforts to improve its business environment.
Progress
44% Bias Score
Record Market Valuations Signal Potential for Significant Correction
High market valuations, as indicated by the S&P 500's CAPE ratio (38x) and the Buffett Indicator (202%), coupled with record debt levels in many countries, signal a potential market correction, mirroring past crises. Berkshire Hathaway's large cash reserves reflect this concern.
Record Market Valuations Signal Potential for Significant Correction
High market valuations, as indicated by the S&P 500's CAPE ratio (38x) and the Buffett Indicator (202%), coupled with record debt levels in many countries, signal a potential market correction, mirroring past crises. Berkshire Hathaway's large cash reserves reflect this concern.
Progress
56% Bias Score
Sachs Warns Against Protectionist Measures Targeting China
Renowned economist Jeffrey Sachs warns against the U.S. imposing additional tariffs on Chinese goods, predicting negative impacts on U.S. consumers, U.S.-China relations, and the global economy; he cites protectionism and a desire to weaken China's economic progress as underlying motivations.
Sachs Warns Against Protectionist Measures Targeting China
Renowned economist Jeffrey Sachs warns against the U.S. imposing additional tariffs on Chinese goods, predicting negative impacts on U.S. consumers, U.S.-China relations, and the global economy; he cites protectionism and a desire to weaken China's economic progress as underlying motivations.
Progress
36% Bias Score
Trump's Return: Economic Risks and Strategic Opportunities for China
With Trump's return to power, China faces renewed trade war threats amidst its own economic slowdown, prompting counter-measures and strategic adjustments for global influence.
Trump's Return: Economic Risks and Strategic Opportunities for China
With Trump's return to power, China faces renewed trade war threats amidst its own economic slowdown, prompting counter-measures and strategic adjustments for global influence.
Progress
40% Bias Score
World Bank Forecasts Slow Global Growth Amidst Trade Tensions and Geopolitical Risks
The World Bank projects 2.7% global economic growth in 2025 and 2026, hindered by weaker US and Chinese performance, rising trade tensions, and geopolitical instability; developing economies face challenges in poverty reduction and income convergence.
World Bank Forecasts Slow Global Growth Amidst Trade Tensions and Geopolitical Risks
The World Bank projects 2.7% global economic growth in 2025 and 2026, hindered by weaker US and Chinese performance, rising trade tensions, and geopolitical instability; developing economies face challenges in poverty reduction and income convergence.
Progress
48% Bias Score
Slowest Global Growth in Six Years Forecast Amid US Tariff Fears
The World Bank forecasts 2.7% global economic growth in 2025, the slowest in six years, primarily due to US trade tariffs that could reduce growth further if retaliated against, hindering improvements in living standards.
Slowest Global Growth in Six Years Forecast Amid US Tariff Fears
The World Bank forecasts 2.7% global economic growth in 2025, the slowest in six years, primarily due to US trade tariffs that could reduce growth further if retaliated against, hindering improvements in living standards.
Progress
44% Bias Score
US Tightens China Tech Sanctions, Shifting Focus to Industrial Policy
The US added 140 Chinese semiconductor firms to its export control list, escalating trade tensions with China and highlighting the shift in major-power competition toward industrial policy, driven by concerns over technological advancement and global industrial dominance.
US Tightens China Tech Sanctions, Shifting Focus to Industrial Policy
The US added 140 Chinese semiconductor firms to its export control list, escalating trade tensions with China and highlighting the shift in major-power competition toward industrial policy, driven by concerns over technological advancement and global industrial dominance.
Progress
40% Bias Score
US Stocks Surge on Positive Inflation Data and Strong Bank Earnings
Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...
US Stocks Surge on Positive Inflation Data and Strong Bank Earnings
Encouraging US inflation data and strong bank earnings sent US stocks soaring Wednesday, with the S&P 500 up 1.7 percent, Dow Jones up 1.6 percent, and Nasdaq up 2.2 percent; the positive trend is expected to continue in the Australian market, while easing Treasury yields reflect growing hopes for f...
Progress
52% Bias Score