| The inverted yield curve explained and what it means for your money | | | | THU, AUG 15, 2019 | | | | | | WHERE BUSINESS AND POLITICS CONVERGE | | | | Hi everyone,
It may be quiet in Washington this week, but the markets have been anything but calm. The Dow posted its biggest drop of the year yesterday on recession fears fueled by a closely-watched leading indicator: the inversion of the 2-year and 10-year yields. What the heck is the inverted yield curve? Markets editor Al Lewis explains why you should care.
Wonky economic indicators aside, Hong Kong unrest, a global growth slowdown, and trade uncertainty have all been weighing on markets. As the U.S.-China trade relationship has come under increased scrutiny, Trump posted a series of tweets in the last 24 hours, addressing the health of the U.S. economy, tariff impact on China, and Hong Kong protests. If you haven't been following all of the back and forth between the U.S. and China this week, Kevin Breuninger is here to catch you up on what you've missed.
The Defense Dept. is also keeping a close eye on China as it races to develop its own military cloud computing system. The Pentagon's cloud-computing contract (JEDI) is currently under review by Defense Secretary Mark Esper. U.S. Air Force Lt. Gen. Jack Shanahan, who is in charge of the Joint Artificial Intelligence Center, stressed the importance of not wasting anymore time "because we know our potential adversaries are doing it at their own speed." Amanda Macias reports on the concerns expressed in a closed-door meeting at the Pentagon.
Fall is just around the corner, so be sure to see what we have planned and sign up early. Details below.
Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.
| | Capital Exchange The New American Workforce Near the top of every company's list of challenges is finding the best workers to stay competitive in a tight labor market. At the same time, millions of workers live paycheck to paycheck while facing the prospect of their jobs being automated out of existence. How can the public and private sectors work together to ensure a steady supply of workers with the right skills, while providing greater economic opportunity for more Americans?
| | The New American Workforce October 3, 2019 Washington D.C. | | Capital Exchange Growth in the Heartland Small and medium sized businesses are the engine of the U.S. economy, as well as local economies. As once struggling regional cities experience a renaissance with companies and young workers returning to the urban core, we ask how policy and incumbent businesses can turbocharge this trend.
| | Growth in the Heartland December 4, 2019 Washington D.C. | |
Post a Comment