In the aftermath of Joe Biden’s poorly received debate performance, Group Chief Economist Neil Shearing explains the market response and highlights potential economic risks around a second Trump presidency. He also reviews the latest US inflation data and talks about the AI’s transformational promise in the wake of a sharp market sell-off in stocks linked to the emergent technology.
Plus, Paul Dales and Ruth Gregory from our UK team preview the coming week’s general election and discuss when we could see details on tax and spending plans from Keir Starmer’s government if the Labour government win on Thursday.
Finally, as shipping costs rebound, Simon MacAdam speaks to Leah Fahy about what’s driving their resurgence and whether this presents an inflation risk.
The Weekly Briefing from Capital Economics