Global Outlook: US Still Matters
Inflation Crisis will End Soon? Beware of Reflation
High inflation has been a common predicament for countries in the post-pandemic era, leading to an expansion of the wealth gap and an intensification of social conflicts. Many voters have sought new governments to solve the problem of inflation, which was also the reason for the failure of incumbent parties around the world in the past 2024 election year.
However, ...

【The US】
🔸 US deficit for fiscal 2024 estimated at US$1.8 trillion, largest after Covid. The Congressional Budget Office (CBO) estimated on Tuesday a US federal deficit of US$1.8 trillion for fiscal 2024, the highest in the post-Covid era, as debt interest costs jumped sharply and outlays rose for Social Security, Medicare and health insurance tax credits. The estim...

【The US】
🔸 US trade deficit narrows sharply in August. The US trade deficit narrowed sharply in August as exports increased and imports fell, suggesting that trade could be a small drag on economic growth in the third quarter. The trade gap contracted 10.8 per cent to US$70.4 billion from a revised US$78.9 billion in July, the Commerce Department’s Bureau ...

Recently, the Nikkei 225 reached a post-bubble high on May 19, 2023, achieving its highest level since 1990.
In fact, as early as 2020, Buffett's Berkshire Hathaway revealed a long-term bet by acquiring slightly more than a 5% stake in Japan's main trading houses - Mitsubishi Corp., Mitsui & Co., Itochu Corp., Marubeni Corp., and Sumitomo Corp. Buffett visited Japan for the first time in 12 years in 2023, and he has since increased his stakes...