Maurice Obstfeld

Mark Mahaney, Head of Internet Research at Evercore ISI, delves into the recent AWS outage, discussing the reputational impact on Amazon and its crucial role in the cloud market. He highlights how this incident might signify a leadership challenge for AWS amidst fierce competition. Maurice Obstfeld, Professor Emeritus at Berkeley, examines the ongoing economic effects of tariffs, revealing unmet goals and the burden they place on consumers. Together, they provide a revealing look at cloud dynamics and trade policies.

Maurice Obstfeld, former chief economist at the IMF, discusses the dire economic situation in Iran, linking recent protests to hyperinflation and a currency crisis intensified by Trump's 25% tariffs. He assesses these tariffs as largely performative, questioning their real impact. Mark Zandi, chief economist at Moody's Analytics, reveals inaccuracies in inflation measurements, suggesting CPI is closer to 3% due to missing data and warns about threats to Fed independence potentially leading to higher inflation. Both highlight significant implications for markets and policy.

Maurice Obstfeld, a Senior Fellow at the Peterson Institute and former Chief Economist at the IMF, shares his insights on the evolving global monetary landscape. He highlights how political pressures and tariffs are eroding trust in the dollar, examining the risks of payment system fragmentation. Obstfeld warns that U.S. policy changes could undermine the dollar's credibility while discussing the potential consequences of domestic industrial policies. He also explores AI's role in addressing fiscal challenges, striking a hopeful yet cautious note.

Maurice Obstfeld, former IMF Chief Economist and professor at UC Berkeley, dives into the complexities of tariffs and trade tensions. He discusses the current strain on the global trade system, which is impacted by geopolitical factors and ongoing trade wars. Obstfeld highlights how corporations have initially absorbed tariff costs but will soon pass them on. He expresses concerns about the long-term status of the dollar and connects rising gold and Bitcoin prices to increasing fears around economic stability.

Maurice Obstfeld, a seasoned economist with two decades of research on global trade imbalances, dives deep into the intricacies of U.S. trade deficits. He questions popular narratives surrounding trade and job losses, particularly linked to China. The discussion highlights the real causes of these deficits amid the retreat from globalization, exploring the impact of technology on manufacturing. Obstfeld also critiques the proposed tariff solutions during the Trump administration, emphasizing their potential inflationary effects and broader economic consequences.