The hottest Economy Substack posts right now

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Africa in 2024

An Africanist Perspective • 2117 implied HN points • 01 Jan 24
🌍 World Politics Elections Economy Conflict Infrastructure Leadership
  1. Africa in 2024 will see tough economic times, with debt distress, moderate growth, and challenges in inflation and household purchasing power.
  2. Several African countries will hold pivotal elections in 2024, with notable contests in Botswana, Ghana, Mozambique, Namibia, Senegal, and South Africa.
  3. Elite political instability and conflicts are expected to persist in regions such as Central Africa, the Horn, and the Sahel, with specific countries facing ongoing challenges while others remain stable.

🤖 AI and the economy: scenarios for a world with artificial general intelligence

Faster, Please! • 456 implied HN points • 18 Mar 24
🕹 Technology AI Economy Future Automation Labor
  1. Artificial General Intelligence is a concept that doesn't exist yet and may never be achieved, but some experts believe it's coming soon.
  2. AI is viewed as a tool to enhance human capabilities and create new opportunities rather than a threat to job security.
  3. The impact of AI on the economy will depend on whether there is a limit to the complexity of tasks humans can perform.

Corporate media is catching up: Trump is weak, economy is strong

The Signorile Report • 1395 implied HN points • 23 Jan 24
🇺🇸 U.S. Politics Election Media Economy Republican party Political Analysis
  1. Corporate media is acknowledging Trump's weakness and the strong economy in contrast to earlier narratives.
  2. Trump's representation as an incumbent, not a newcomer, is highlighted by media reports which could impact the 2024 election.
  3. Beltway reporters are recognizing positive feelings about the economy and how it could influence the election narrative.
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Joe Biden’s Silent War on America’s Steel Industry

Peter Navarro's Taking Back Trump's America • 982 implied HN points • 11 Feb 24
🇺🇸 U.S. Politics Policy Trade Presidency Economy National Security
  1. Joe Biden's actions have negatively impacted the U.S. steel and aluminum industries, leading to a decline after years of Trump's tariffs.
  2. Imports of steel and aluminum surged under Biden as he dismantled Trump's tariffs, causing a decrease in domestic manufacturing jobs.
  3. Reinstating Trump's tariffs could help revive the steel industry, and forming domestic partnerships like U.S. Steel with Cleveland Cliffs may be beneficial for national security.

2,800 jobs to go...

Off to Lunch • 1356 implied HN points • 19 Jan 24
💼 Business Economy Industry Politics Environment Retail
  1. Tata Steel is cutting 2,800 jobs in the UK by closing two blast furnaces to shift to electric arc furnaces.
  2. The job cuts are part of a plan to reduce carbon emissions and transform the Port Talbot facility into a center for green steelmaking.
  3. The UK faces a significant drop in retail sales, potentially signaling a risk of falling into a recession.

The "worst possible outcome" for the Fed is an unnecessary recession, not reversing a cut

Stay-At-Home Macro (SAHM) • 1238 implied HN points • 24 Jan 24
💰 Finance Monetary Policy Inflation Interest Rates Unemployment Economy
  1. The Fed's main concern is avoiding an unnecessary recession, not reversing a rate cut.
  2. Inflation has decreased, but the Fed is hesitant to cut rates due to fears of inflation resurgence.
  3. The Fed should balance its mandate of stable prices and maximum employment to avoid causing an unnecessary recession.

China is ‘world’s sole manufacturing superpower’, with 35% of global output

Geopolitical Economy Report • 1056 implied HN points • 31 Jan 24
🌍 World Politics Manufacturing Economy Trade Industrialization Geopolitics
  1. China has become the world's top manufacturing power, accounting for 35% of global production.
  2. China's economic success is largely attributed to its state-led development model, with government-controlled enterprises and strategic policies.
  3. The US is heavily reliant on Chinese manufactured goods, making complete decoupling challenging and costly for both countries.

Lights on the runway for the soft landing

Stay-At-Home Macro (SAHM) • 1356 implied HN points • 11 Jan 24
💰 Finance Economy Inflation Labor Market Consumer spending Interest Rates
  1. The labor market is strong, American consumers are spending well, and most families are financially better off.
  2. Inflation is heading towards 2%, with businesses adjusting prices and the Fed needing to act accordingly.
  3. Forecasts suggest a recession may be avoided, softening the pessimistic rhetoric and improving consumer sentiment.

The Fed is only looking to past inflation, and that's a problem.

Stay-At-Home Macro (SAHM) • 805 implied HN points • 09 Feb 24
💰 Finance Monetary Policy Inflation Economy Federal Reserve Data-driven
  1. The Fed is focusing only on past inflation, and this approach may lead to problems with monetary policy decisions.
  2. Recent data shows a rapid decrease in inflation over the past six months, suggesting a return towards the 2% target.
  3. Despite strong economic growth and high interest rates, the Fed continues to rely heavily on backward-looking inflation data for its decision-making.

Recruiting Brainfood - Issue 380

Recruiting Brainfood • 1100 implied HN points • 21 Jan 24
💼 Business Recruitment Economy Remote working Assessment Blockchain
  1. Networking is crucial in the industry, meet people in-person to build connections.
  2. Enhancing your profile can give a competitive edge, consider participating in initiatives like Brainfood Tribune and Guest appearance on Brainfood Live.
  3. Performance is key, networking and profile building can complement performance in a positive cycle.

Don’t Be Fooled

Points And Figures • 906 implied HN points • 01 Feb 24
🇺🇸 U.S. Politics Economy Energy Abortion
  1. Don't just focus on all-time highs in the stock market, also consider the rate of change and velocity of growth.
  2. Analyze hard statistics objectively to compare economic performance under different presidencies.
  3. Take into account various economic indicators like natural gas and crude oil production when evaluating administration policies.

Chartbook 251: In the beginning was Napoleon

Chartbook • 1945 implied HN points • 03 Dec 23
💾 History Europe Warfare Economy Global
  1. Napoleon's era of warfare was on a larger scale and more organized than previous conflicts in Europe.
  2. The Napoleonic wars had a significant impact on the economies of France, Britain, and the wider world, affecting trade and prices globally.
  3. Napoleon's ambitions and successes led to massive counter-acting forces, reshaping European power dynamics and economy, with Britain emerging as a financial and naval powerhouse.

THE SHOW NOTES: Biden's Growing Problems, Seattle Kills Demand, & Trump's Election Immunity

Erick Erickson's Confessions of a Political Junkie • 746 implied HN points • 06 Feb 24
🇺🇸 U.S. Politics Election Immigration Economy Progressives Foreign Policy
  1. Seattle implemented a $5 fee on delivery service apps, and sales dropped significantly.
  2. An appeals court denied Trump immunity in a DC election case.
  3. Biden is facing challenges with young voters and progressives, especially related to Israel, the economy, and climate.

💥Lender on Lender Violence is Back! And on Steroids. Part III.💥

PETITION • 1002 implied HN points • 15 Jan 24
💰 Finance Bankruptcy Investing Restructuring Debt Economy
  1. The article discusses recent bankruptcy cases involving companies like Wesco Aircraft Holdings Inc. and Instant Brands Acquisition Holdings Inc.
  2. The bankruptcy cases highlighted the complex interactions between lenders and debtors, showcasing the challenges and strategies involved in negotiations.
  3. Key themes in the cases include asset stripping, liability management, regulatory approval challenges, and the role of different parties in bankruptcy proceedings.

Tankers South

Irina Slav on energy • 982 implied HN points • 15 Jan 24
🌍 World Politics Conflict International relations Economy Military Energy
  1. Tanker traffic in the Red Sea is being disrupted due to missile strikes between the Houthis and the Combined Military Forces, leading to rerouted vessels and rising prices.
  2. Container freight rates for vessels traveling to Europe from Asia have reached a 15-month high, with fears of the situation worsening.
  3. Higher shipping prices and emissions are a consequence of vessels avoiding the Red Sea route, affecting the cost of various goods and causing some companies to switch from ships to planes.

Election Countdown, 258 Days to Go: The New Politics of Place.

Breaking the News • 487 implied HN points • 21 Feb 24
🇺🇸 U.S. Politics Election Policy Opportunity Investment Economy
  1. Place has always been significant in American personal stories and national politics, influencing decisions to stay or go.
  2. Federal policies are beginning to bring more opportunities to historically neglected areas, such as the Rust Belt, by strategically directing investments.
  3. There is a shift towards more planned and effective federal initiatives that focus on boosting local economies and communities, recognizing the importance of place-based growth.

A Sugar AI High Shrugs Off Bad Market News

Peter Navarro's Taking Back Trump's America • 884 implied HN points • 12 Jan 24
💰 Finance Markets Investments Economy Interest Rates Geopolitics
  1. The S&P 500 continues to rise despite bad news like inflation and unemployment.
  2. Big tech billionaires are heavily investing in AI that may impact the job market and lead to technological warfare.
  3. Geopolitical tensions, including the possibility of war in the Middle East, are influencing the market's stability.