🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

Here's (almost) everything that Bloomberg Opinion will be watching and expecting in 2025 bloomberg.com/graphics/2025-… via Bloomberg Opinion

Drill, Baby, Drill? Big oil says "no thanks", declining to bid in a US government auction to drill in the Arctic National Wildlife Refuge bloomberg.com/news/articles/… via Bloomberg Green

Hershey is asking the US’s top derivatives regulator for permission to BUY MORE THAN 90,000 METRIC TONS of cocoa on ICE Futures bloomberg.com/news/articles/… via Bloomberg Markets

Neighborhoods in the path of the Palisades and the other fires have been some of the hardest-hit by insurer defections. The 90272 ZIP code of Pacific Palisades saw 1,930 policy non-renewals between 2019 and 2024, or 28 of every 100 policies. bloomberg.com/opinion/articl… via Bloomberg Opinion

And they wonder why trust in the Supreme Court is at an all time low

A weather-changing La Niña has developed in the equatorial Pacific further adding to drought worries in California, as well as the croplands in South America, the US Climate Prediction Center said trib.al/hENYUZk

This is very interesting. Clive Crook and Robert Burgess debate whether investors are right to forgive the US's debt addiction or whether a crisis awaits bloomberg.com/opinion/articl… via Bloomberg Opinion

*S&P 500 ERASES ELECTION GAIN, WIPING OUT $3.4 TRILLION IN VALUE #WINNING

.Mohamed A. El-Erian: "While still relatively low, my probability of a recession has increased from 10% at the beginning of the year to 25% to 30% today. This is a consequential and quite unsettling development for an economy with high potential..." bloomberg.com/opinion/articl…

It's not just tariffs. The risks to growth are piling up under Trump. Latest with Enda Curran 柯恩达 for Bloomberg & Bloomberg Economics: bloomberg.com/news/articles/…

Yes. Over 40% of households don’t even pay income tax and wouldn’t benefit from these tax breaks — but would have to pay tariffs.

Howard Lutnick's refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses, Robert Burgess says trib.al/Hta1VV4

This is the US budget. Trump/GOP say their agenda won’t cut Social Security or Medicare. They’re *expanding* military spending. And cutting taxes. Now they’re battling over whether to slash Medicaid. There’s not a lot left for savings. Shaping up to hugely increase the debt.

Last weekend, Goldman revised its US growth and inflation forecasts in a stagflationary direction. Now, it’s a set of even more aggressive revisions from JP Morgan. They took Q4/Q4 growth forecast down from 1.3% to -0.3%, unemployment up to 5.3%, and PCE inflation all the way to

What if Zuckerberg and Bezos had held their nerve? What if ABC had told Trump they’d see him in court? What if the Ivy League Universities had stood shoulder-to-shoulder with Columbia? What if the fabulously wealthy law firms had joined together to sue Trump for trying to