PM Starmer has decieded to try and take credit for brokering in a peace deail with Ukraine… of course that peace means they will be sending in more weapons and TROOPS into the war zone.
In a surprise move the Trump administration has decided to pause economic / military aid to Ukariane.
Economic developments are not looking to hot – all data points released towards middle to end of February:
- Consumer Spending and Confidence: Recent data shows a decline in consumer spending, which fell by 0.2% in January 2025, the most in four years. Consumer confidence also dropped sharply in February, with the Consumer Confidence Index falling by 7.0 points to 98.3.
- Manufacturing Sector: The manufacturing sector is experiencing contraction, with the U.S. Manufacturing PMI remaining below 50. Challenges include inflation, rising material costs, and workforce issues.
- GDP Growth: The U.S. economy’s growth has slowed, with GDP increasing at an annual rate of 2.3% in the fourth quarter of 2024, down from 3.1% in the third quarter.
- Inflation: Persistent high inflation remains a concern. The Consumer Price Index rose by 0.5% in January 2025 and 3.0% over the last 12 months, eroding purchasing power and potentially leading to higher interest rates.
- Global Economic Uncertainty: Ongoing global economic uncertainties, including geopolitical tensions and fluctuating trade policies, contribute to market volatility and risk aversion.
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