Germans Aren’t Buying the Market Excitement About Friedrich Merz
Summary by Bloomberg AI German Chancellor Friedrich Merz is preparing for his first visit to the White House, with investors backing him to lead an economic resurgence driven by a major program of spending on infrastructure and defense. However, obstacles include Donald Trump’s grudge against Europe’s biggest economy and concerns that Germans may not have […]
Big Tech Is Back in S&P 500 Driver’s Seat as Profit Engines Hum
Summary by Bloomberg AI ▪ The same technology giants that contributed to the S&P 500’s decline in April are now driving the recovery in US equities. ▪ Big Tech results have shown demand for cloud-computing services, software, electronic devices, and digital advertising remains intact despite trade tensions. ▪ The Magnificent Seven stocks (Nvidia, Microsoft, Tesla, […]
America Let Its Military-Industrial Might Wither. China’s Is Booming.
A visualization of how far the U.S. has fallen behind By Jon Emont and Daniel Michaels May 29, 2025 11:00 pm ET Adapting to the dual challenge of China’s military and its economy has been a focus of U.S. administrations for years. America is losing ground. Modern warfare is a contest of industrial might, as […]
Microsoft Shares Go From Laggard to Leader as AI Growth Improves
Summary by Bloomberg AI Microsoft Corp. shares are close to a record high due to signs of improvement in its Azure cloud-computing business, fueled by the broader rebound in US equities and better-than-expected results. Azure’s revenue growth of 33% exceeded expectations, with analysts projecting AI-related Azure revenue to rise to about $24 billion in the […]
Nvidia Eases Concerns About China With Upbeat Sales Forecast
Summary by Bloomberg AI Nvidia expects revenue of about $45 billion in the second fiscal quarter, despite new export restrictions costing about $8 billion in Chinese revenue. The company is ramping up production of its latest semiconductor design, Blackwell, and is offering its chips as part of whole computer systems to speed up AI deployment. […]
Tariff Ruling Is a Setback for Trump but Doesn’t End Trade War
Trade experts say Trump won’t abandon levies after court decision sows confusion By Jason Douglas, Jon Emont, and Hannah Miao May 29, 2025 SINGAPORE—Shortly after the news broke that a U.S. court invalidated almost all of President Trump’s tariffs, one Vietnam-based furniture exporter responded with an astonished text: “WHAT???” The decision by a little-known U.S. […]
US INSIGHT: Customs Duties Bring Record Revenues – In One Chart
By Alex Tanzi 05/23/2025 13:23:01 [BI] (Bloomberg Economics) — Revenues generated from customs duties so far in May have already reached a new monthly record, bringing in at least $22.3 billion, according to Treasury data released Friday. This fiscal year, customs duties have brought in nearly $93 billion, with 43% of the gains coming in […]
U.S. Debt to GDP: A Post-WWII Comparison to the Modern Era and Fiscal Policy Implications
Chris Combs Silicon Valley Capital Partners May 21, 2025 The United States has faced high levels of national debt during two significant periods: the post-World War II era and the current fiscal environment. Although the debt-to-GDP ratios in both periods are similar, the responses and outcomes differ significantly. This paper explores these similarities and differences, […]
Trump’s Next Hurdle: The Bond Market Hates His ‘Beautiful Bill’
Summary by Bloomberg AI President Donald Trump has passed a tax bill in the House, but faces a new challenge in the Senate, where he must appease customers of the ballooning US debt. The yield on 30-year Treasury bonds has passed 5%, injecting a dose of harsh economic reality into Trump’s fiscal policy, and a […]
The Tech Industry Is Huge—and Europe’s Share of It Is Very Small
By Tom Fairless and David Luhnow May 19, 2025 BERLIN—The world’s technology revolution is leaving Europe behind. Europe lacks any homegrown alternatives to the likes of Google, Amazon or Meta. Apple’s market value is bigger than the entire German stock market. The continent’s inability to create more big technology firms is seen as one of […]