On MSNBC’s Morning Joe today, Steven Rattner charted Monday’s sharp downward turn for the market, which saw investors retreat from stocks and buy Treasuries amid fears of covid resurgence, diminished consumer sentiment, and ongoing inflationary pressures. The stock market had its worst day since May on Monday as rising fears about a resurgence in virus […]
On MSNBC’s Morning Joe today, Steven Rattner charted the pandemic’s surging housing market, tough for buyers but a boon for sellers who have taken advantage of high demand and America’s ongoing housing shortage, yet another unfortunate legacy of the global financial crisis. When it comes to housing, the news is simple: a great time to be […]
On MSNBC’s Morning Joe today, Steven Rattner charted the wide gap between the economies of the United States and Russia, taking note of the latter country’s outsized military influence despite its much smaller share of global output. When President Biden sits down today (Wednesday) to meet with Russian President Vladimir Putin, he will be facing […]
On MSNBC’s Morning Joe today, Steven Rattner explored why the economy is recovering jobs more slowly than expected—and how businesses and politicians are responding. Friday’s middling jobs report – better than April but a bit shy of expectations – highlighted a conundrum of the current economic recovery: the disconnect between the demand for workers by […]
On MSNBC’s Morning Joe today, Steven Rattner charted the surge in gun purchases and gun violence during the pandemic, with recent figures portending a devastating year for mass shootings. The mass shooting last weekend in south Florida was just the latest in a depressing string of bad gun-related news. Regrettably, the nation seems to have […]
On MSNBC’s Morning Joe today, Steven Rattner discussed how cord-cutting and the streaming wars are driving recent consolidation in the media industry — a never-ending race for viewers and content. Yesterday’s announcement that Amazon will buy the movie studio MGM is just the latest in a series of major deals in the entertainment business. Why […]
On MSNBC’s Morning Joe today, Steven Rattner discussed the latest worrisome trends in inflation and explained why in the near term, prices are likely to go even higher. Last week’s Consumer Price Index release was complicated by the economic effects of the pandemic. But what has become clear from all the available data is that […]
On MSNBC’s Morning Joe today, Steven Rattner delved into April’s disappointing jobs report, exploring potential reasons why, despite many job openings, Americans are not returning to work as quickly as anticipated. Friday’s jobs report was, indeed, disappointing. Whether it proves to be an accurate reflection of the state of the economy remains to be seen […]
On MSNBC’s Morning Joe today, Steven Rattner charted President Biden’s first 100 days in office, focusing on the new administration’s progress in tackling the pandemic and jumpstarting the economy. Time to take stock of President Biden, as he reaches his 100-day mark this week. Indeed, among presidents since the Great Depression struck, Mr. Biden ranks […]
On MSNBC’s Morning Joe today, Steven Rattner charted historical trends in corporate tax rates and revenues, highlighting just how little American corporations pay today and how international competition has contributed to the problem. A key component of President Biden’s American Jobs Plan – his $2.25 trillion “infrastructure” proposal – is how to pay for it; […]
