latest news in economy
Global Economy Defies Trade Barriers with Stronger Than Expected 2026 Outlook
Washington, Wednesday, 14 January 2026.
The World Bank upgraded 2026 growth forecasts to 2.6 percent despite historic tariffs. However, a quarter of developing nations remain poorer than pre-pandemic levels, highlighting a widening global economic divide.
Michael Burry Forecasts AI Sector Collapse and Potential Market Panic by 2027
New York, Wednesday, 14 January 2026.
Predicting nearly all AI companies will face bankruptcy, Burry warns of a potential 2026-2027 market panic, arguing the sector resembles a ‘department store escalator’ that benefits users, not investors.
China's Trade Surplus Hits Record $1.2 Trillion as Exporters Pivot to Emerging Markets
Beijing, Wednesday, 14 January 2026.
On January 14, 2026, China reported a historic trade surplus of $1.19 trillion for 2025, demonstrating remarkable resilience against geopolitical headwinds. Despite a 20% decline in exports to the United States amid renewed tariffs, Chinese manufacturers successfully pivoted toward alternative markets. Shipments to Africa surged by 25.8%, while exports to ASEAN nations grew by 13.4%, effectively offsetting losses in North America. The data reveals a strategic shift in global trade dynamics fueled by high-tech manufacturing; exports of semiconductors and ships rose by over 26%, while electric vehicle shipments jumped nearly 49%. However, this external success contrasts with internal challenges, as flat import data highlights continuing weakness in domestic demand and the property sector. This divergence suggests China remains the world’s dominant export engine, even as it navigates a decoupling from the U.S. economy.
Dimon Warns DOJ Probe Into Federal Reserve Could Trigger Higher Interest Rates
New York, Wednesday, 14 January 2026.
JPMorgan’s CEO warns the administration’s criminal probe into Chair Powell will backfire, creating market instability that forces the very interest rate hikes the White House hopes to prevent.
December Inflation Data Reveals Cooling Trend as Price Growth Slows Unexpectedly
Washington D.C., Tuesday, 13 January 2026.
Core inflation hit a four-year low of 2.6% in December, missing forecasts. This cooling trend offers the Federal Reserve a confident signal of stability despite recent government shutdown distortions.
Yardeni Attributes Economic Resilience to Massive Baby Boomer Wealth Advantage
New York, Monday, 12 January 2026.
Controlling a staggering $85.4 trillion, Baby Boomers now drive US economic resilience, creating a “gen-shaped” dynamic that sustains growth despite the affordability crisis squeezing younger generations.
Federal Reserve Criminal Inquiry Threatens to Halt 2026 Interest Rate Cuts
Washington, Monday, 12 January 2026.
Despite administration pressure for cheaper money, the DOJ’s criminal probe into Chair Powell is expected to freeze rate cuts throughout 2026, directly contradicting the President’s economic goals.