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ECONOMIC UPDATE — MARKET OVERVIEW

ECONOMIC UPDATE — MARKET OVERVIEW

Yesterday Donald Trump was, again, inaugurated President of the United States.  And as we have forecast with one our Top Trends for 2025, at this point in time, no one really knows how the Trump Card will be played.

CONFIRMED: GERMANY IS IN DRAGFLATION

CONFIRMED: GERMANY IS IN DRAGFLATION

The German economy contracted by 0.2 percent last year after shrinking by 0.3 percent in 2023, the Federal Statistics Office (FSO) said, while inflation in December was at 2.8 percent. 

U.S. Votes At The Poll Booth

VOTERS WANT TRUMP TO DO WHAT HE PROMISED

A newly released poll found that American voters want Donald Trump to implement the policies that he spoke about during his campaign—from immigration to the economy—but there is also some concern that a few of his goals may be too extreme. 

Global Economy

SPOTLIGHT: HARD ROAD AHEAD FOR WESTERN CAR COMPANIES

SPOTLIGHT: HARD ROAD AHEAD FOR WESTERN CAR COMPANIES

Automakers in the U.S. and Europe will close plants this year as they deal with stiffer emissions targets, probable tariffs on imported parts and exported vehicles, and overcapacity in their production infrastructures in the face of price competition from lower-cost countries, primarily China, research and business consulting firm Gartner said in a new report.

PENSION FUNDS TAKE A FLYER ON CRYPTO

PENSION FUNDS TAKE A FLYER ON CRYPTO

Pension funds in Australia and the U.K. are dabbling in cryptocurrency stocks and derivatives, and employee pension systems in the U.S. also are going long on the digital currencies.

The Israel War

Palestinians Celebrate After The Announcement Of A Ceasefire Agreement Between Israel And Hamas

GAZA DEATH TOLL

At least 47,035 Palestinians were killed and another 111,091 were injured during Israel’s 15-month campaign of genocide in Gaza.

Profile Silhouettes Of Joe Biden Facing Donald Trump With The U.S. Flag In The Background

TRUMP AND BIDEN EACH TAKE CREDIT FOR GAZA CEASEFIRE

Israeli Prime Minister Benjamin Netanyahu’s office announced late Thursday that a deal was signed between his team in Qatar and Hamas to end fighting inside the destroyed enclave after a reported pressure campaign by the incoming Donald Trump administration in the U.S… or was it a late win for U.S. President Joe Biden?

AI

U.S. BLACKLISTS CHINA’S “OPENAI”

U.S. BLACKLISTS CHINA’S “OPENAI”

The U.S. government has listed Zhipu, China’s most prominent developer of large language AI models, among the Chinese companies U.S. firms are forbidden to do business with. Several of Zhipu’s affiliated companies also made the list.

A THIRD OF COMPANIES’ AI PROJECTS WILL BE SCRAPPED THIS YEAR, GARTNER SAYS

A THIRD OF COMPANIES’ AI PROJECTS WILL BE SCRAPPED THIS YEAR, GARTNER SAYS

At least 30 percent of companies’ AI implementations will be abandoned this year after being tested, due to unexpectedly high costs, inadequate preparation to handle related risks, or fuzzy ideas of what the purpose of AI’s use or expected outcomes were to be, according to consulting and research firm Gartner. 

Hi-Tech Science

CHINA TO BUILD GIANT SOLAR FARM—IN SPACE

CHINA TO BUILD GIANT SOLAR FARM—IN SPACE

China has announced plans to build a solar array a kilometer wide—more than a half-mile—in geostationary orbit around the Earth that will beam energy back to ground as microwaves. 

The above are just a few of the many articles in the latest Trends Journal. CLICK HERE for the full edition.