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☆ WSJ's Greg Ip: Everybody's conviction of 2% inflation has to be lower after what we've seen
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWSJ's Greg Ip: Everybody's conviction of 2% inflation has to be lower after what we've seenCNBC's Steve Liesman and Greg Ip, Wall Street Journal chief economics commentator and deputy economics editor, join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, impact on the central bank's interest rate path, and more.

Persons: Greg Ip, we've, Steve Liesman Organizations: Wall Street Journal

☆ WSJ's Greg Ip: Companies increasingly have to evaluate the political environment in anything they do
▼ + stars: | 2024-03-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWSJ's Greg Ip: Companies increasingly have to evaluate the political environment in anything they doGreg Ip, Wall Street Journal’s chief economics commentator and deputy economics editor, joins 'Squawk Box' to discuss the comparison between current U.S. business climate to that of China's, whether U.S. is tilting toward state capitalism, and more.

Persons: Greg Ip Organizations: Street

☆ U.S.-China decoupling? How steeper tariff hikes could impact trade relationship
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S.-China decoupling? How steeper tariff hikes could impact trade relationshipGreg Ip, Wall Street Journal’s chief economics commentator and deputy economics editor, joins 'Squawk Box' to discuss the U.S.-China trade relationship, whether steeper tariff hikes would decouple the world's two largest economies, and more.

Persons: Greg Ip Organizations: U.S, Street, U.S . Locations: China, U.S

☆ The U.S. Can Afford a Bigger Military. We Just Can’t Build It.
▼ + stars: | 2023-12-06 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

The U.S. builds only a little more than one nuclear submarine a year. Photo: U.S. Navy/Zuma PressWhen the Center for Strategic and International Studies simulated a war between the U.S. and China over Taiwan, the wargame ended with Taiwan still free, at grievous cost. The U.S. loses two aircraft carriers and up to 20 destroyers and cruisers; China sees more than 50 major surface warships sunk. As Eric Labs, a navy analyst for the Congressional Budget Office explains, China can replace lost ships far more quickly. In the past two years, its navy has grown by 17 cruisers and destroyers; it would take the U.S. six years to build the same number under current conditions, he said.

Persons: Eric Organizations: U.S . Navy, Zuma, Center for Strategic, International Studies, U.S, Eric Labs, Congressional Locations: U.S, China, Taiwan

☆ Why No One Wants to Pay for the Green Transition
▼ + stars: | 2023-11-30 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Orsted, a Danish developer of wind farms, pulled out of two projects off New Jersey and took a $4 billion charge. Photo: Wayne Parry/Associated PressIn the past few years, Washington and Wall Street started fantasizing that the transition to net-zero carbon emissions could be an economic bonanza. When Wall Street heard green energy, it saw profits. As Ford Motor launched an electric Mustang and pickup truck, its market value topped $100 billion for the first time. With electric vehicle demand falling short of expectations, manufacturers are dialing back production and buying back stock instead.

Persons: Wayne Parry, Biden Organizations: Associated Press, Wall, Ford Motor Locations: Danish, New Jersey, Washington

☆ Argentina Is a Textbook Case of ‘Fiscal Dominance’
▼ + stars: | 2023-11-22 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Argentina’s president-elect has promised to end inflation by replacing the peso with the dollar and abolishing the central bank. Photo: Erica Canepa/Bloomberg NewsArgentina is the bedtime horror story that other economies use to scare each other. Long after other emerging markets had internalized fiscal and monetary rectitude, Argentina has continued to lurch from default to hyperinflation and back. So other countries may be tempted to conclude there is nothing to learn from the economic catastrophe that swept the radical populist Javier Milei to victory in this past weekend’s presidential election.

Persons: Erica Canepa, Javier Milei Organizations: Bloomberg, Argentina Locations: Argentina

☆ While All Inflation Feels Bad, Housing Inflation Is the Worst
▼ + stars: | 2023-11-15 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Since January 2021, home prices have risen 29% and mortgage rates have nearly tripled. Photo: roberto schmidt/Agence France-Presse/Getty ImagesTwo weeks ago, I asked why Americans were in such a rotten mood when the data said the economy is in such good shape. Inflation, we just learned, eased in October, extending a two-week rally in stocks and bonds. And yet the University of Michigan’s index of consumer sentiment keeps falling. Many readers offered reasons for their sour mood that had little to do with the economy: the border, crime, President Biden, former President Donald Trump.

Persons: roberto schmidt, Biden, Donald Trump Organizations: Agence France, University of

☆ Why Xi Can No Longer Brag About the Chinese Economy
▼ + stars: | 2023-11-14 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

In 2021, Chinese President Xi Jinping popularized a slogan signifying China’s expected displacement of the U.S. as the world’s leading economic power: “The East is rising, the West is declining.”China that year had largely suppressed the Covid-19 pandemic and went on to record its fastest growth in a decade, while the U.S. struggled with repeated outbreaks of Covid and surging inflation. On the eve of a virtual meeting with President Biden at an Asia Pacific summit that fall, Xi was formally enshrined as China’s most powerful leader in a generation. Biden still labored under the shadow of his predecessor’s failed attempt to stay in office.

Persons: Xi Jinping, Biden, Xi Locations: West, China, U.S, Asia

☆ Fed Takes Heart in a Supply-Side Boom
▼ + stars: | 2023-11-02 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Fed Chair Jerome Powell says wage increases are coming down as supply and demand are rebalanced in the labor market. Photo: jim lo scalzo/ShutterstockWhen spending and employment grow as quickly as they have lately, it normally means inflation pressure is building and the Federal Reserve might have to raise interest rates. But on Wednesday Fed Chair Jerome Powell suggested otherwise. Demand, he said, has indeed grown rapidly, but so has supply. A supply-side boom generates the best of all worlds: brisk growth and falling inflation.

Persons: Jerome Powell, jim lo Organizations: Federal Reserve

☆ The Economy Is Great. Why Are Americans in Such a Rotten Mood?
▼ + stars: | 2023-11-01 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

The unemployment rate is at 3.8%, marginally above where it stood in January 2020. Photo: stefani reynolds/Agence France-Presse/Getty ImagesLast week we learned that the economy, far from sliding toward recession as economists had predicted over the past year, has actually picked up steam thanks to indefatigable consumers. Not only has economic output made up all the ground lost during the pandemic, but it is also above where it would have been had the pandemic never happened, judging by what the Congressional Budget Office projected in early 2020.

Persons: stefani reynolds Organizations: Agence France, Congressional

☆ What Can the Fed Do About the Deficit? Nothing
▼ + stars: | 2023-10-25 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Federal Reserve Chair Jerome Powell, speaking recently at the Economic Club of New York, described the U.S. economy as resilient and said he doesn’t believe monetary policy is too tight. Photo: Bess Adler/BloombergFederal Reserve officials say soaring long-term bond yields are a key factor in the economic outlook and their interest-rate decisions. They also say the swelling federal deficit is one reason yields are rising. What they won’t say is that political leaders should therefore do something about the deficit.

Persons: Jerome Powell, Bess Adler Organizations: Economic, of New, Bloomberg Federal Reserve Locations: of New York, U.S

☆ WSJ's Greg Ip breaks down why the Fed can't fix the deficit
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWSJ's Greg Ip breaks down why the Fed can't fix the deficitGreg Ip, WSJ chief economics commentator, joins 'Squawk on the Street' to discuss how Powell's stance and rhetoric have changed over time, the downside risk to Powell speaking out about fiscal policy, and more.

Persons: Greg Ip, Powell

☆ A Financial Crisis in China Is No Longer Unthinkable
▼ + stars: | 2023-10-19 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Country Garden, once seen as one of China’s most stable property developers, is now struggling financially, leaving the future of unfinished megadevelopments like Malaysia’s Forest City in doubt. Here’s how overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam AdadaThe world’s second-largest economy has a deflating property bubble, local governments struggling to pay their debts and a banking system heavily exposed to both. Anywhere else these factors would be seen as precursors of a financial crisis. But not in China, conventional wisdom goes, because its debts are owed to domestic rather than foreign investors, the government already stands behind much of the financial system and capable technocrats are on top of things.

Persons: Adam Adada Organizations: Malaysia’s Forest City Locations: Malaysia’s Forest, China

☆ Don’t Rule Out a Financial Crisis in China
▼ + stars: | 2023-10-19 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

The International Monetary Fund envisions China’s growth averaging 4% over the next four years, down from its projection of 4.6% a year ago. Photo: Cfoto/Zuma PressThe world’s second largest economy has a deflating property bubble, local governments struggling to pay their debts and a banking system heavily exposed to both. Anywhere else these factors would be seen as precursors of a financial crisis. But not in China, conventional wisdom goes, because its debts are owed to domestic rather than foreign investors, the government already stands behind much of the financial system and capable technocrats are on top of things.

Organizations: Monetary Fund, Zuma Locations: China

☆ A Bigger World Bank Takes on China’s Clout
▼ + stars: | 2023-10-11 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/global/a-bigger-world-bank-takes-on-chinas-clout-e8c1f046

Persons: Dow Jones

☆ Rising Interest Rates Mean Deficits Finally Matter
▼ + stars: | 2023-10-05 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Investors are still projecting that the Federal Reserve will get inflation down to its 2% goal. Photo: Michael M. Santiago/Getty ImagesThe U.S. has long been the lender of last resort to the world. During the emerging-market panics of the 1990s, the global financial crisis of 2007-09 and the pandemic shutdown of 2020, it was the Treasury’s unmatched capacity to borrow that came to the rescue.

Persons: Michael M Organizations: Federal Reserve

☆ How Elon Musk Came to Influence the Fates of Nations
▼ + stars: | 2023-09-27 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/tech/how-elon-musk-came-to-influence-the-fates-of-nations-414bbb67

Persons: Dow Jones Locations: elon

☆ Higher Interest Rates Not Just for Longer, but Maybe Forever
▼ + stars: | 2023-09-21 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/central-banking/higher-interest-rates-not-just-for-longer-but-maybe-forever-d5891964

Persons: Dow Jones

☆ American Labor’s Real Problem: It Isn’t Productive Enough
▼ + stars: | 2023-09-20 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/american-labors-real-problem-it-isnt-productive-enough-185fb9f1

Persons: Dow Jones

☆ As OPEC’s Energy Influence Wanes, China’s Minerals Clout Rises
▼ + stars: | 2023-09-13 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Persons: Dow Jones

☆ Why Higher Unemployment Is Good News Now
▼ + stars: | 2023-09-07 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/central-banking/why-higher-unemployment-is-good-news-now-d1d033f

Persons: Dow Jones

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/personal-finance/interest-rates-investing-mortgage-banks-real-estate-debt-ca87c251

Persons: Dow Jones

☆ Why Fitch’s Downgrade Matters
▼ + stars: | 2023-08-09 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

Persons: Dow Jones, fitch

☆ Workers to Employers: We’re Just Not That Into You
▼ + stars: | 2023-08-03 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/workers-to-employers-were-just-not-that-into-you-71dbeb6e

Persons: Dow Jones

☆ Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle
▼ + stars: | 2023-07-27 | by ( Greg Ip | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/could-a-recession-still-be-years-away-soft-landing-could-deliver-another-extended-economic-cycle-e7e2c4ee

Persons: Dow Jones

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