Showing 1 - 4 of 4
Elon Musk and his US$2 trillion fiscal fantasy
News, Jeffrey Frankel, Published on 27/11/2024
» When the US presidential election was called for Donald Trump, the yield on ten-year US government bonds increased from 4.3% to 4.4%, and the 30-year-bond yield rose from 4.5% to 4.6%, with both remaining at those levels ten days later. As the bond market declined -- higher yields mean lower prices -- the stock market rose. Clearly, investors expect the next Trump administration to produce higher government budget deficits and more debt.
What Trump's win means for the climate
News, Gernot Wagner, Published on 11/11/2024
» Elections are supposed to clarify policy uncertainties, and on the economic front, Donald Trump's victory over Kamala Harris has done just that. All three major US stock indices and US Treasury yields jumped after Nov 5, reflecting expectations of both strong economic growth and soaring debt and inflation.
China's stimulus could be a boon
News, Shang-Jin Wei, Published on 07/10/2024
» The timing of China's new stimulus package is not coincidental. Arriving just before the 75th anniversary of the People's Republic, the announcement was well-received by equity investors, leading to a surge of more than 15% in the country's main stock indices.
Call for probe into PM's golf club shares
News, Chairith Yonpiam, Published on 01/10/2024
» Political activist Ruangkrai Leekitwattana says he will ask the Election Commission (EC) on Tuesday to investigate Prime Minister Paetongtarn Shinawatra's ethical conduct over her shares in Alpine Golf and Sports Club.