Geopolitical Tensions Threaten Economic Growth Despite Soaring Stocks
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Stocks are soaring but geopolitical tensions around the world pose a threat to the global economy that markets may be underestimating.
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Shipping costs and tensions are rising amid conflicts involving Russia, Israel, China, Taiwan, Iran, and Pakistan. This could exacerbate inflation.
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Analysts warn we have entered a new "geopolitical regime" that could lead to economic fragmentation and less cooperation between major powers.
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Chinese stocks are having their worst start since 2016 as foreign investors pull back, worried about the real estate crisis and slowing growth.
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Research suggests AI automation will impact jobs more slowly than feared, with only 23% of occupations economically beneficial for employers to automate now.