Category: Economy and Trading

BusinessEconomy and Trading

Economic Analysts Warn of Prolonged “Jobless Growth” Era Fueled by AI Investments

Financial analysts are warning that robust economic growth fueled by artificial intelligence investments isn’t translating into corresponding job creation. New data suggests entry-level positions are particularly affected, potentially creating future talent pipeline problems.

Economic Shift Toward AI-Driven Growth

America is entering a period of “jobless growth,” according to analysts at Goldman Sachs, where economic expansion continues without corresponding increases in employment. The phenomenon, detailed in a memo from economists David Mericle and Pierfrancesco Mei, suggests that current market conditions featuring modest job growth alongside robust GDP growth represent a new normal for the U.S. economy.

by Megan Carter
Economy and TradingPersonal Finance

Banking Sector Woes Drag Down Market Futures as Loan Losses Mount

Market futures pointed lower Friday following credit quality concerns at regional banks and auto lender failures. The S&P 500, Nasdaq, and Dow futures all declined as commercial loan deterioration fears intensified across multiple sectors.

Market Futures Decline Amid Banking Sector Concerns

U.S. stock futures were down in pre-market trading Friday as reports of commercial loan deterioration at regional banks and auto lender failures continued to weigh on investor sentiment, according to market analysis. Contracts tied to the S&P 500 fell 0.4%, while Nasdaq 100 futures declined 0.6% and Dow Jones futures dipped 0.1%.

by Megan Carter
Economy and TradingInternational Business and Trade

Copper Market Faces Supply Squeeze as AI and Green Tech Drive Unprecedented Demand

London Metal Exchange CEO warns copper markets face supply constraints as multiple demand drivers converge. Analysis suggests global copper demand could surge 24% over the next decade, creating potential strategic bottlenecks for the energy transition.

Copper Supply Dynamics Under Microscope as Trade Tensions Resurface

Recent trade developments between the United States and China have highlighted growing concerns about copper supply chains, with industry leaders warning that current market conditions suggest potential shortages ahead. According to reports from the London Metal Exchange, spot prices for copper have recently moved above three-month futures prices, indicating what market analysts describe as a short-term supply squeeze.

by Tyler Brooks P.E
Economy and TradingHousing

Canadian Housing Construction Surges Beyond Expectations in September

Canada’s housing market showed unexpected strength as new construction starts surged 14% in September. The sharp increase exceeded economist projections by nearly 25,000 units, according to the national housing agency. The data suggests renewed momentum in the country’s residential construction sector.

Unexpected Strength in Canadian Housing Construction

Canada’s residential construction sector demonstrated surprising vigor in September, with housing starts rising significantly more than anticipated, according to reports from the national housing agency. The data, released Thursday, showed a 14% increase compared to August levels, suggesting potential momentum in the country’s housing market.

by Tyler Brooks P.E
Economy and TradingPolicy

Fed Governors Split on Rate Cut Size as October Meeting Approaches

Federal Reserve officials are divided on the size of upcoming interest rate reductions, with Governor Stephen Miran pushing for a half-point cut while Christopher Waller advocates for a quarter-point reduction. The disagreement comes amid conflicting economic signals from labor market data and persistent inflation pressures.

Divergent Views Emerge Ahead of Fed Meeting

Federal Reserve Governors Stephen Miran and Christopher Waller have presented conflicting views on how quickly the central bank should lower interest rates, according to reports from the Invest i America Forum. The division comes as policymakers grapple with a weakening labor market and heightened geopolitical tensions that are complicating the economic outlook.

by Megan Carter