Economics

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.

Arvind Subramanian, Geoffrey M. Hodgson, Steve Keen, Hakan Yilmazkuday, Robert B. Reich and 26 more

El Pais, Der Standard, The Wall Street Journal

Fund managers and analysts predicted a strong 2026 for global stock markets driven by AI-fueled gains, rising corporate profits and expected Fed rate cuts, though many warned of bubble risks.

Justin Wolfers, Steve Keen, Razelle Kurzrock, Timothy D. McBride, Andrew Scott and 12 more

Analysts predicted housing costs—rents and property prices—would rise in 2026 across major cities, even as overall consumer inflation moderated, and Greece expected mid‑January foreclosure auctions.

Steve Keen, Hakan Yilmazkuday, Jeffrey Clemens, Prakash Kashwan, Alan Richardson and 1 more

European governments raced to reassure pharmaceutical companies and secure investment after heightened U.S. tariff pressure under President Trump, but firms said momentum had shifted elsewhere.

Stephen M. Walt, Danuše Nerudová, Michael Pettis