Distractions from Election Day mania are expected to be so extreme, it may cost the American economy billions of dollars per hour.
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Nearly 40% of 32 economists cited a “monetary policy mistake” as the “greatest downside risk to the U.S. economy over the next 12 months.”
The OECD upgraded its outlook for global economic growth, noting slowing inflation, central bank rate cuts, and falling energy prices.
It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.