Key Takeaways Federal non-defense spending contracted by 11.2% in Q2 2025, subtracting an estimated 0.3 percentage points from GDP growth. Despite this fiscal tightening, GDP still expanded at an annualised...
Key Takeaways Housing affordability is now the leading factor deterring family expansion in the US, contributing to fertility rates remaining below replacement levels. Studies demonstrate a negative correlation between rising...
Key Takeaways 91% of fund managers view US equities as overvalued — the highest consensus since 2001, raising concerns about market sustainability. Despite strong recent rallies, core valuation metrics like...
Key Takeaways Citigroup raised its 2025 S&P 500 target to 6,600, citing resilient corporate earnings and favourable tax dynamics, suggesting a modest 3% upside from the August 2025 close. Earnings...
Key Takeaways Existing home sales in the US have plummeted to historic lows, with June 2025 recording an annualised rate of 3.93 million units—comparable to post-crisis levels of the early...
Key Takeaways The US national debt surpassed $37 trillion in July 2025, increasing from $23 trillion in 2019. Interest payments on the debt are projected to exceed $1 trillion annually...
Key Takeaways The newly announced 100% tariff on imported semiconductors into the US is intended to stimulate domestic manufacturing but may lead to sharp cost increases in the near term....
Key Takeaways Urban displacement policies in major US cities like Washington DC are increasing fiscal strain through rising policing and emergency service costs, while failing to address root causes of...
Key Takeaways The US is working to conclude several major trade agreements by October, aiming to ease tariff tensions and fortify supply chains. Key sectors including automotive, agriculture, and technology...
Key Takeaways Digital remittance platforms, led by Remitly, are increasingly capturing market share from traditional players like Western Union, driven by consumer demand for speed and lower costs. The digital...
