Given that President Donald Trump has recently shown he is not above considering a U.S. military strike against Iranian nuclear sites, this announcement comes, not surprisingly, as tensions in the region have grown tremendously and national security has been front and center for Trump. The details of his remarks are captured in a video titled “President Trump says he is still weighing a U.S. strike on Iranian nuclear sites,” which runs for 08:42 minutes and is available on CNBC’s website.
Beyond global worries, today’s economic forecasters are starting to call for a downturn in the U.S. home market. Gary Cohn, the former President of Goldman Sachs and Trump adviser now runs IBM. So yes, I think the market is going to soften some this summer. His insights are shared in a video titled “This summer the market is going to get soft, says IBM’s Gary Cohn,” which lasts 04:07 minutes and can be found on CNBC.
Yet the Federal Reserve’s overall approach to monetary policy is still in refusal of this doctrine, and has entered a spirited debate among economists. Krishna Guha of Evercore ISI thinks the Fed will pursue a “wait and see” policy. This strategy is commensurate with today’s economic realities. His commentary is detailed in a video titled “Evercore ISI’s Krishna Guha: The Fed will be in ‘wait and see mode’ today,” available on CNBC for 04:46 minutes.
Additionally, the ‘Halftime’ Investment Committee met recently to discuss the impact of the Federal Reserve’s rate hikes. This discussion is captured in a video titled “The ‘Halftime’ Investment Committee debates the Fed rate decision,” which runs for 09:58 minutes and can be accessed on CNBC’s platform.
Notables provide different views that reveal the complicated intersection of geopolitical matters and economic prediction. Keeping a watchful eye on the signaling and housing fronts is key to understanding this interaction.