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A Vulnerable US Economy aei.org
The country’s public finances are on an unsustainable path; reckless private sector and commercial real estate loans have piled up; the stock market trades at historically frothy levels; and the economy has become overly dependent on Artificial Intelligence investment to drive economic growth. Source: aei.org
Ironsides’ Barry Knapp: Higher rates would exacerbate K-shaped economy cnbc.com
CNBC’s Steve Liesman and Ironsides Macroeconomics’ Barry Knapp join ‘The Exchange’ to discuss the Federal Reserve’s inflation battle, where the economy is too loose and much more. Source: cnbc.com
France Unveils Limited Aid to Offset Iran War Impact on Economy bloomberg.com
France’s government said it would provide a €70 million ($80.6 million) of aid to a limited number of sectors over a short period as it seeks to cushion the economy from the impact of the Iran war without straining public finances. Source: bloomberg.com