Goldman Sachs CEO David Solomon participates in an Invest America Roundtable in the State Dining Room at the White House, in Washington, June 9, 2025. Evelyn Hockstein | Reuters President Donald Trump on Tuesday said Goldman Sachs CEO David Solomon should either replace the bank’s economist or “just focus on being a DJ,” days after Goldman’s chief economist warned that …
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Facebook Tweet Email Link Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, President Donald Trump is urging the bank’s CEO, David Solomon, to get a new economist. “Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH …
Read More »Trump Calls on Goldman to Replace Economist Over Tariff Stance The Wall Street Journal Trump fumes and again insists companies pay tariffs not consumers as he bashes criticism of his plan The Independent Trump rebukes Goldman’s Solomon and bank’s economics research on tariff impact Reuters Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs Bloomberg.com Trump mocks Goldman Sachs CEO David Solomon: …
Read More »Trump picks Heritage economist Antoni to lead US labor statistics agency Reuters Trump nominates Heritage Foundation economist as labor statistics chief The Guardian Trump Names EJ Antoni New BLS Commissioner The New York Times Trump nominates Bureau of Labor Statistics critic as new commissioner CNN EJ Antoni: Trump picks new head for Bureau of Labor Statistics BBC Source link
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What is August really about? Owen Lamont, Senior Vice President and Portfolio Manager at Acadian Asset Management, suggests that for normal people, it’s about relaxing on the beach, but for financial markets, it’s “panic season.” Lamont, who is a leading economist at the $150 billion quantitative hedge fund and has been a faculty member at Harvard University, Yale School of …
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America’s housing market is shuddering The Economist Did lower mortgage rates already lower housing inventory? HousingWire What’s wrong with the housing market? Investing.com Sacramento housing market cools as economic uncertainty rises – Sacramento Business Journal The Business Journals The Housing Bubble Is Popping Seeking Alpha Source link
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Ask an Economist: Between Inflation and Tariffs, Is America Headed for an Economic Downturn? GOBankingRates Trump Is a Degrowther The Atlantic Is Donald Trump delivering a masterclass in economic management? | Fiona Katauskas The Guardian Facts are sacred for a strong economy — but then Trump came along The Times Here’s what Utahns had to say about the Trump economy Deseret News Source link
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The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is concerning, and future revisions to jobs data could show employment is already falling, according to Moody’s Analytics chief economist Mark Zandi. In a series of X posts on Sunday, he followed up his warning from last weekend that the economy is on …
Read More »‘Stagflation is coming to the U.S.,’ says this economist. Here’s what it means for the dollar, bonds and stocks. MarketWatch Stagflation is a Lot Closer Than You Think Bloomberg After a historic economic week, stagflation fears are back Axios ‘Stagflation-lite’: The worst-case scenario for the US economy looks like it’s getting more likely Business Insider Stagflation Returns, Shining a Spotlight on the Federal Reserve’s …
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In brief Trump has tapped Bitcoin-friendly economist Stephen Miran for a seat on the Federal Reserve Board. Bitcoin jumped 2%, topping $117,500 as traders expect looser Fed policy under Miran. Still, one analyst warns the Fed’s credibility could erode, echoing 1970s inflation risks. Bitcoin has shaken off the prior week’s market jitters to regain a foothold near $117,500, following President …
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