“To sustain economic growth, we must embrace the Safe Harbor advantage—ensuring businesses thrive while fostering innovation and stability in our economy.” Listen to the podcast wherever you get your podcasts.

“Michigan is a global trading hub, and broad tariffs or rising borrowing costs could have serious consequences, not only for local businesses but also for Michigan families who are already facing increasing costs for everyday goods.” – Tameka Ramsey, Owner and Principal, T. Ramsey and Associates

Like Zandi, many other experts are giving the economy strong marks. The U.S. economy is “hot, hot, hot,” noted Yardeni Research in an October 17 report. The job market is “resilient” and “there is no quit in the U.S. consumer,” analysts at Oxford Economics told investors this week.

“If Congress is robbed of its imperative role as a check and balance on a president’s power, and the judicial branch is willing to bestow a president with almost unlimited authority, autocracy results. And presidents become strongman rulers—free to choose which laws to enforce, which long-standing norms to jettison, and how to impose their will […]

“The takeaway from our paper is to push back a little against the narrative repeated in the campaigns where Trump wants voters to believe tariffs on China were a good policy and a success,” Zhang said. “What we find is that in this era of global supply chains, tariffs don’t get you a scalpel-like response. […]

But Treasury Secretary Janet Yellen told MM in an interview Wednesday that the rule of law is one of the key underpinnings of the Treasury market, making democratic turmoil a potential financial stability risk. “It really is essential to our having a democratic system and a democratic government, and one of the tremendous strengths of […]

The smooth transfer of power after elections, she said, is “really essential to our having a democratic system and a democratic government, and one of the tremendous strengths of our financial system is that it is based on strong institutions and rule of law.” The market for U.S. debt “is the deepest, most liquid, most […]

Trump’s desire for more direct control over the Fed is reminiscent of historical instances where political influence over monetary policy led to disastrous outcomes. A notable example is US President Richard Nixon’s influence over Fed Chairman Arthur Burns in the 1970s, which resulted in policies that contributed to the stagflation of that era — characterized […]

Nearly a third of company financial officers say that risks around the Nov. 5 U.S. presidential election have caused them to delay or scale back investment plans, a potential blow at least in the short-term to economic growth. In a nationwide survey conducted jointly by the Atlanta and Richmond Federal Reserve Banks and Duke University’s […]

Project 2025, which is backed by the rightwing Heritage Foundation thinktank, has proposed to “dismantle the administrative state”, while Trump’s official “Agenda 47” calls for “cleaning out the Deep State” and “on Day One” issuing an “executive order restoring the president’s authority to fire rogue bureaucrats”. That executive order would set up a system, known […]