Beyoncé’s first stadium tour was more than 20 years ago. In the years since, she has proved her staying power and then some. She spent much of 2023 starring in her Renaissance World Tour, which is projected to add $4.5 billion to the economy. Her economic impact has been dubbed the “Beyoncé bump,” with her […]
Gulf states punched above their weight on the global stage in 2023, from driving dealmaking worldwide to shaping the debate and direction of the energy transition at COP28. Fueled by sovereign wealth funds armed with fresh cash generated by booming oil prices in 2022, regional economic diversification drives kicked into high gear this year, delivering everything […]
Forecast: What to Expect from the Euro and Dollar in 2024 Traditionally, we publish currency forecasts from leading global financial institutions at the turn of the outgoing and incoming years. Having maintained this practice for several years, it enables us to not only peer into the future but also to reflect on past predictions by […]
If you look at enough charts, you can see that the preponderance of evidence suggests a growing amount of positive economic and market news for 2024. Photo courtesy of worldoflard via Flickr. The year 2023 lacked clarity. Will there be a recession or not? Will inflation ever get under control? Can the equity market continue […]
The dollar has come under selling pressure after last week’s Federal Reserve meeting The dollar index edged down on Friday, hitting a near five-month low as data showed annual US inflation slowed further below 3% in November, cementing market expectations for a US interest rate cut next March. In the 12 months through November, inflation, […]
Jacob Wackerhausen / iStock/Getty Images From the pioneers enduring hardships to find their fortune across the country to young professionals who flocked to the suburbs when having number three (and then four), parents have been willing to travel far and wide to find where their children can thrive. Fortunately, today, we don’t have to yoke […]
Italy is wiping the floor with Germany this year in terms of GDP growth and is set to outpace it again in 2024, on OECD forecasts. Spain is expected to grow more than twice as fast as Germany next year, with Greek GDP set to expand at more than three-times Germany’s pace. It is a […]
Data showed that annual US inflation fell further below 3% in November. Figures on Thursday revealed a worsening UK budget situation. Inflation in the UK was lower than anticipated in November. The dollar is caught in the sway of softer inflation signals and continues its decline, casting a favorable glow on the GBP/USD weekly forecast. […]
Both presidents tout their contributions on the U.S. economy ahead of the 2024 election. But how do their claims stack up? December 23, 2023 at 7:00 a.m. EST Comment on this storyCommentAdd to your saved storiesSave The presidential election is less than a year away, and economic issues are once again top of mind for […]
The Federal Reserve received some holiday cheer as inflation continued to soften while consumer demand firmed, and the Bank of Japan stuck with the world’s last negative interest rate. Meantime, maritime attacks carried out by Houthi rebels in Yemen have disrupted shipping in the Red Sea, prompting a rerouting of cargoes that’s raised costs. Read […]
