Trump unsettles markets; investors scramble
9m
President Trump forced companies and investors worldwide in 2025 to adapt to ongoing policy and market uncertainty, and some forecasters warned a weaker dollar could be a wild card.
1/7
There's a lot of recent talk about a strengthening of the RMB in 2026, and while I expect that there will be some strengthening, its impact will mostly be to reverse part of the real RMB weakening of recent years.
www.wsj.com/finance/curr...
There's a lot of recent talk about a strengthening of the RMB in 2026, and while I expect that there will be some strengthening, its impact will mostly be to reverse part of the real RMB weakening of recent years.
www.wsj.com/finance/curr...
Trump Wants a Weaker Dollar. Some Chinese Say He Has a Point.
A significant weakening of the dollar versus China’s currency didn’t happen in 2025, but some forecasters say it’s a wild card to watch in the new year.
www.wsj.com
December 28, 2025 at 6:10 AM
1/7
There's a lot of recent talk about a strengthening of the RMB in 2026, and while I expect that there will be some strengthening, its impact will mostly be to reverse part of the real RMB weakening of recent years.
www.wsj.com/finance/curr...
There's a lot of recent talk about a strengthening of the RMB in 2026, and while I expect that there will be some strengthening, its impact will mostly be to reverse part of the real RMB weakening of recent years.
www.wsj.com/finance/curr...
The Trump-Republican “Big Beautiful Bill” is actually a “Big Ugly Nightmare.”
Much of what’s included in it will begin in 2026.
Here’s what you should know.
Much of what’s included in it will begin in 2026.
Here’s what you should know.
Is This Trump’s Biggest Scam Yet?
Robert Reich
www.youtube.com
December 27, 2025 at 11:00 PM
The Trump-Republican “Big Beautiful Bill” is actually a “Big Ugly Nightmare.”
Much of what’s included in it will begin in 2026.
Here’s what you should know.
Much of what’s included in it will begin in 2026.
Here’s what you should know.
5/5
Which will it be? Beijing says it is determined to rebalance the economy, but as long as it sets excessively high GDP growth targets, it cannot allow excess investment in infrastructure and manufacturing to decline. We'll see which path they choose in 2026.
Which will it be? Beijing says it is determined to rebalance the economy, but as long as it sets excessively high GDP growth targets, it cannot allow excess investment in infrastructure and manufacturing to decline. We'll see which path they choose in 2026.
December 28, 2025 at 8:30 AM
5/5
Which will it be? Beijing says it is determined to rebalance the economy, but as long as it sets excessively high GDP growth targets, it cannot allow excess investment in infrastructure and manufacturing to decline. We'll see which path they choose in 2026.
Which will it be? Beijing says it is determined to rebalance the economy, but as long as it sets excessively high GDP growth targets, it cannot allow excess investment in infrastructure and manufacturing to decline. We'll see which path they choose in 2026.
Just Published: "Global versus Domestic Supply Chain Disruptions: Implications for Inflation and Economic Confidence" is published at International Finance: onlinelibrary.wiley.com/sha...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
December 27, 2025 at 11:15 PM
Just Published: "Global versus Domestic Supply Chain Disruptions: Implications for Inflation and Economic Confidence" is published at International Finance: onlinelibrary.wiley.com/sha...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Reposted by Brendan Nyhan, David R. Miller, Robert C. Richards
The Trump administration is rolling out the red carpet for once-besieged prediction apps like Polymarket and Kalshi, with millions pouring into bets on the midterms. The companies wave away concerns about foreign influence and partisan meddling www.npr.org/2025/12/23/n...
Election betting on prediction markets apps is set to boom ahead of midterms
Online prediction markets, like Polymarket and Kalshi, were under intense scrutiny in the Biden administration. But Trump officials are embracing the controversial apps, raising new fears about electi...
www.npr.org
December 27, 2025 at 8:48 PM
The Trump administration is rolling out the red carpet for once-besieged prediction apps like Polymarket and Kalshi, with millions pouring into bets on the midterms. The companies wave away concerns about foreign influence and partisan meddling www.npr.org/2025/12/23/n...
Reposted by Jon Green, Brendan Nyhan, Jennifer A. Richeson
The Trump family is fully embracing prediction markets: Donald Trump Jr. is an adviser of Kalshi, and the president’s TruthSocial is planning to lunch its own prediction market, which would in theory allow high-dollar betting on actions the federal could take.
December 27, 2025 at 8:57 PM
The Trump family is fully embracing prediction markets: Donald Trump Jr. is an adviser of Kalshi, and the president’s TruthSocial is planning to lunch its own prediction market, which would in theory allow high-dollar betting on actions the federal could take.
One thing 2025 made clear: Durable progress on climate in the US will require structural reform to our corrupted political systems. Otherwise, steps forward will always be vulnerable to the bloody clawbacks we saw this year. A political strategy that doesn't center system reform is not "pragmatic."
December 27, 2025 at 11:45 AM
One thing 2025 made clear: Durable progress on climate in the US will require structural reform to our corrupted political systems. Otherwise, steps forward will always be vulnerable to the bloody clawbacks we saw this year. A political strategy that doesn't center system reform is not "pragmatic."
Good overview of 2025, with optimistic view of 2026, but important question at the end: IF Dems win back the House, how will they control an all-out Trump?
Dragged down by an unpopular president, Republicans are bracing for a midterm trouncing
As Americans tire of Donald Trump, a Democratic midterm ‘tsunami’ could sweep the GOP out of power
www.theguardian.com
December 27, 2025 at 2:02 PM
Good overview of 2025, with optimistic view of 2026, but important question at the end: IF Dems win back the House, how will they control an all-out Trump?
The Trump administration put billionaires, giant corporations and their profits first this year, while working people struggled to make ends meet.
Workers are fed up. And in 2026, America’s unions are ready to shift the fight back into overdrive.
Workers are fed up. And in 2026, America’s unions are ready to shift the fight back into overdrive.
US labor unions gear up to fight against Trump’s ‘Billionaire First’ agenda
AFL-CIO president Liz Shuler says union ready to stand up for struggling Americans: ‘Which side are you on?’
www.theguardian.com
December 27, 2025 at 3:34 PM
The Trump administration put billionaires, giant corporations and their profits first this year, while working people struggled to make ends meet.
Workers are fed up. And in 2026, America’s unions are ready to shift the fight back into overdrive.
Workers are fed up. And in 2026, America’s unions are ready to shift the fight back into overdrive.
Reposted by Naomi Klein
As the year draws to a close, a crowd-sourced effort, as well as trackers from advocacy organizations and labor unions, show that the Trump administration has implemented roughly half of the goals laid out in Project 2025.
Tracking how much of Project 2025 the Trump administration achieved this year
As the year ends, The 19th takes a look at how the conservative policy wishlist for President Donald Trump’s second term affected women and LGBTQ+ Americans.
www.pbs.org
December 28, 2025 at 2:25 AM
As the year draws to a close, a crowd-sourced effort, as well as trackers from advocacy organizations and labor unions, show that the Trump administration has implemented roughly half of the goals laid out in Project 2025.
Reposted by Stephen M. Walt
Trump's economic policies did this.
December 27, 2025 at 9:50 PM
Trump's economic policies did this.
Just Published: "Global versus Domestic Supply Chain Disruptions: Implications for Inflation and Economic Confidence" is published at International Finance: onlinelibrary.wiley.com/sha...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
December 27, 2025 at 7:15 AM
Just Published: "Global versus Domestic Supply Chain Disruptions: Implications for Inflation and Economic Confidence" is published at International Finance: onlinelibrary.wiley.com/sha...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
Working paper version is available at dx.doi.org/10.2139/ssrn.470...
"in a year from now—if we continue to work together—we will be just days away from the swearing in of a new Congress controlled by Democrats. From there we will press Democratic leaders to take the fight to Trump using every single means available..."
open.substack.com/pub/deanobei...
open.substack.com/pub/deanobei...
2025 was horribly challenging--but We are now kicking Trump’s ass!
We are ready for 2026 midterm!
open.substack.com
December 28, 2025 at 3:10 AM
"in a year from now—if we continue to work together—we will be just days away from the swearing in of a new Congress controlled by Democrats. From there we will press Democratic leaders to take the fight to Trump using every single means available..."
open.substack.com/pub/deanobei...
open.substack.com/pub/deanobei...
Reposted by David Darmofal
“Corporate bankruptcies surged in 2025 …At least 717 companies …the highest tally since 2010…
“…the rise in filings is most apparent among industrials …The sector has been hit hard by President Donald Trump’s ever-fluid tariff policies”
www.washingtonpost.com/business/202...
“…the rise in filings is most apparent among industrials …The sector has been hit hard by President Donald Trump’s ever-fluid tariff policies”
www.washingtonpost.com/business/202...
Bankruptcies soar as companies grapple with inflation, tariffs
Businesses in vulnerable sectors found themselves caught between rising tariffs and beleaguered consumers.
www.washingtonpost.com
December 27, 2025 at 1:49 PM
“Corporate bankruptcies surged in 2025 …At least 717 companies …the highest tally since 2010…
“…the rise in filings is most apparent among industrials …The sector has been hit hard by President Donald Trump’s ever-fluid tariff policies”
www.washingtonpost.com/business/202...
“…the rise in filings is most apparent among industrials …The sector has been hit hard by President Donald Trump’s ever-fluid tariff policies”
www.washingtonpost.com/business/202...