Simply Economics

Kamala Harris’s Housing Plan, Battleground State Voters’ Trust, and Washington Post Criticism

Kamala Harris unveils a bold housing proposal to address America's housing shortage. New polling reveals voter trust on the economy in battleground states. The Washington Post criticizes Harris's economic proposals. Get comprehensive coverage on these important topics and their potential impact on the housing crisis and the 2024 presidential election.Sources:https://www.businessinsider.com/kamala-harris-unveils-housing-proposals-yimby-economic-agenda-experts-2024-8https://www.cnn.com/2024/08/16/politics/video/battleground-states-polling-voters-trust-economy-harris-trump-enten-ac360-digvidhttps://thehill.com/homenews/4832358-washington-post-kamala-harris-economic-plan/https://thehill.com/homenews/4832358-washington-post-kamala-harris-economic-plan/Outline:(00:00:00) Introduction(00:00:42) Kamala Harris is going full YIMBY — and housing experts are optimistic(00:03:59) New polling shows who battleground state voters trust more on the economy(00:04:39) Washington Post hits Harris over ‘populist gimmicks’ in economic proposal(00:06:38) Washington Post hits Harris over ‘populist gimmicks’ in economic proposal

Labour’s Modern Supply-Side Economics, UK Retail Sales Data, US Stocks Soar, and Oil Prices Rise

Can Labour fix Britain using modern supply-side economics? Get insights into the UK retail sales data and the impact on the economy. US stocks end higher after strong retail sales data. Oil prices set for weekly gains on renewed enthusiasm around the US economy.Sources:https://www.theguardian.com/business/article/2024/aug/16/can-labour-fix-britain-modern-supply-side-economicshttps://www.rttnews.com/3469485/european-economic-news-preview-uk-retail-sales-data-due.aspxhttps://finance.yahoo.com/video/us-stocks-end-higher-strong-223824111.htmlhttps://finance.yahoo.com/news/oil-prices-set-weekly-gains-005621415.htmlOutline:(00:00:00) Introduction(00:00:39) ‘A big ask’: can Labour fix Britain using modern supply-side economics?(00:03:16) European Economic News Preview: UK Retail Sales Data Due(00:05:54) US stocks end higher after strong retail sales data(00:08:46) Oil prices set for weekly gains on renewed enthusiasm around US economy

UK Economy Shows Solid Recovery, Amendment 2’s Economic Impact Revealed

The UK economy continues to recover with a growth rate of 0.6%, while research data reveals the potential economic impact of Amendment 2 in Kentucky. Plus, the struggling eurozone industry faces contraction, raising concerns about economic growth prospects.Sources:https://www.theguardian.com/business/article/2024/aug/15/uk-economy-continues-recovery-from-recession-with-gdp-growth-of-06https://www.wkyt.com/2024/08/14/research-data-shows-potential-economic-impact-amendment-2/https://www.bloomberg.com/news/articles/2024-08-15/uk-economy-maintains-solid-recovery-in-fillip-for-keir-starmerhttps://think.ing.com/snaps/eurozone-industry-continues-to-struggle/Outline:(00:00:00) Introduction(00:00:41) UK economy continues recovery from recession with GDP growth of 0.6%(00:03:27) Research data shows potential economic impact of Amendment 2(00:05:37) Eurozone industry continues to struggle

New Zealand Cuts Cash Rate, Investing in Chaotic Markets, UK Wage Growth Slowdown

The Reserve Bank of New Zealand surprises economists with a cash rate cut. Learn how to invest in chaotic markets and navigate volatility. Explore the implications of the UK wage growth slowdown. Plus, stocks surge amid key inflation data.Sources:https://www.cnbc.com/2024/08/14/reserve-bank-of-new-zealand-cuts-cash-rate-by-25-basis-points.htmlhttps://www.economist.com/finance-and-economics/2024/08/13/how-to-invest-in-chaotic-marketshttps://www.independent.co.uk/news/uk/home-news/wage-growth-bank-of-england-interest-rates-b2595551.htmlhttps://finance.yahoo.com/video/stocks-close-higher-surging-amid-201127993.htmlOutline:(00:00:00) Introduction(00:00:40) Reserve Bank of New Zealand cuts cash rate by 25 basis points(00:03:00) How to invest in chaotic markets(00:06:18) Slowdown in wage growth ‘clears the path for more interest rate cuts’ this year(00:09:22) Stocks close higher, surging amid key inflation data

Japan’s Role in Economic Security, Stock Market Awaits Inflation Data

Former minister discusses the importance of economic security and Japan's pioneering role. Stock market awaits fresh inflation data and faces a crucial week of new economic data. Plus, insights into the labor market and the Magnificent Seven valuations on Asking for a Trend.Sources:https://www.japantimes.co.jp/news/2024/08/13/japan/politics/takayuki-kobayashi-interview/https://markets.businessinsider.com/news/stocks/stock-market-today-inflation-cpi-ppi-economy-fed-rate-cuts-2024-8https://finance.yahoo.com/video/labor-market-magnificent-7-valuations-221612702.htmlhttps://markets.businessinsider.com/news/stocks/stock-market-today-inflation-cpi-sp500-economy-fed-rate-cuts-2024-8Outline:(00:00:00) Introduction(00:00:42) Economic security is about strengthening and sustaining growth, former minister says(00:04:24) Stock market today: Indexes close mixed before fresh inflation data(00:06:53) Labor market, Magnificent 7 valuations: Asking for a Trend(00:09:18) Stock market today: Indexes slide to start heavy week of new economic data

Insights on China’s Tech Future, Embracing Natural Gas, Market Chaos, and RBA Deputy Governor’s Speech

Nobel-winning economist Michael Spence shares his insights on China's future in a tech-driven world. The economic and environmental advantages of embracing natural gas. The stock market enters a prolonged period of chaos. RBA Deputy Governor Hauser speaks on the economic calendar in Asia.Sources:https://www.scmp.com/economy/china-economy/article/3273900/nobel-winning-economist-michael-spence-chinas-future-tech-driven-worldhttps://oilprice.com/Energy/Energy-General/The-Economic-and-Environmental-Advantages-of-Embracing-Natural-Gas.htmlhttps://www.businessinsider.com/recession-fears-fueling-stock-market-crash-wall-street-chaos-positive-2024-8https://www.forexlive.com/centralbank/economic-calendar-in-asia-monday-august-12-2024-rba-deputy-governor-hauser-speaking-20240811/Outline:(00:00:00) Introduction(00:00:47) Exclusive | Nobel-winning economist Michael Spence on China’s future in a tech-driven world(00:02:49) The Economic and Environmental Advantages of Embracing Natural Gas(00:04:46) The stock market is entering a prolonged period of chaos — and that's a good thing(00:08:34) Economic calendar in Asia Monday, August 12, 2024 - RBA Deputy Governor Hauser speaking

Economist Analyzes North Dakota’s Economic Resilience, Chinese Airlines Capture Air Transportation Market

An economist explains how North Dakota is faring amid concerns of recession. Chinese companies are capturing the air transportation market, leaving Western carriers struggling. Plus, equipping tribes with critical data for economic self-determination and key Pakistan market stats and economic indicators.Sources:https://www.kfyrtv.com/2024/08/10/economist-explains-how-nd-is-faring-amid-concerns-recession-now-past/https://eadaily.com/en/news/2024/08/11/a-new-front-of-the-economic-war-chinese-companies-are-capturing-the-air-transportation-markethttps://finance.yahoo.com/news/equipping-tribes-critical-data-economic-040848233.htmlhttps://mettisglobal.news/key-pakistan-market-stats-and-economic-indicators-274/Outline:(00:00:00) Introduction(00:00:39) Economist explains how ND is faring amid concerns of recession now and in the past(00:03:02) A new front of the economic war: Chinese companies are capturing the air transportation market: EADaily(00:05:57) Equipping Tribes with Critical Data for Economic Self-determination(00:08:51) Key Pakistan Market Stats and Economic Indicators

Economist Analyzes ND’s Economic Resilience, Debunking the Debt Tipping Point

An economist explains how North Dakota is faring amid concerns of a recession. Plus, the debunking of the government-debt tipping point theory. Also, updates on positive risk sentiment and the rise of progressive economics in the US.Sources:https://www.kfyrtv.com/2024/08/10/economist-explains-how-nd-is-faring-amid-concerns-recession-now-past/https://mindmatters.ai/2024/08/the-government-debt-tipping-point-is-nonsense/https://www.fxstreet.com/analysis/positive-risk-sentiment-continues-jpy-weaker-economic-data-being-ignored-202408090829https://kfgo.com/2024/08/09/explainer-harris-walz-pick-shows-rise-of-progressive-economics-in-us/Outline:(00:00:00) Introduction(00:00:42) Economist explains how ND is faring amid concerns of recession now and in the past(00:03:15) The Government-Debt Tipping Point Is Nonsense(00:06:51) Positive risk sentiment continues, JPY weaker, economic data being ignored(00:08:51) Explainer-Harris’ Walz pick shows rise of progressive economics in US

Unraveling Energy Economics and Spaceplane Profits

Delve into the complexities of achieving cost-reflective tariffs in South Africa's energy sector. Explore Virgin Galactic's ambitious plans for its future spaceplanes and their potential economic impact. Plus, learn about the restrictions on campaign donations faced by financial services firms. Also, discover the hidden economic costs of extreme heat waves and the need for businesses to adapt.Sources:https://www.esi-africa.com/industry-sectors/generation/delving-into-the-business-of-energy-economics-and-cost-reflective-tariffs/https://spacenews.com/virgin-galactic-outlines-economics-of-its-future-spaceplanes/https://www.businessinsider.com/bank-political-campaign-donation-harris-walz-sec-pay-to-play-2024-8https://phys.org/news/2024-08-summer-impact-economy.htmlOutline:(00:00:00) Introduction(00:00:42) Delving into business of energy economics & cost-reflective tariffs(00:02:52) Virgin Galactic outlines economics of its future spaceplanes(00:05:59) Banks are restricting employees from donating to the Harris-Walz campaign. Here's why.(00:09:20) How this summer's heat waves may impact the economy

Philippine Economy Surges, Empty Economic Calendar in Europe, Political Turmoil in Bangladesh

The Philippine economy expands by 6.3% in Q2, surpassing expectations. Europe faces an empty economic calendar, while the focus shifts to upcoming labor market data in the US. Political turmoil in Bangladesh raises questions about the relationship between good economics and stability. Stay informed about these economic developments and their implications for global markets and political dynamics.Sources:https://business.inquirer.net/473588/philippine-economy-expands-6-3-in-q2-says-psahttps://www.forexlive.com/news/its-an-empty-economic-calendar-in-europe-today-20240808/https://www.hindustantimes.com/world-news/did-sheikh-hasina-s-good-economics-lead-to-political-disaster-in-bangladesh-101723098521870.htmlhttps://business.inquirer.net/473588/philippine-economy-expands-6-3-in-q2-says-psaOutline:(00:00:00) Introduction(00:00:42) Philippine economy expands 6.3% in Q2, says PSA(00:03:11) It's an empty economic calendar in Europe today(00:06:02) Did Sheikh Hasina’s good economics lead to political disaster in Bangladesh?(00:08:36) Philippine economy expands 6.3% in Q2, says PSA