ECONOMICS

By Craig Fuller, CEO of FreightWaves

Since launching in 2017, FreightWaves’ team of award-winning reporters has covered the good — and bad — news and events in the transportation and logistics industries.

In those years, the freight (more…)

By Ruchir Sharma, chair of Rockefeller International

In a historic turn, China’s rise as an economic superpower is reversing. The biggest global story of the past half century may be over.    

After stagnating under Mao Zedong in the 1960s and 70s, China opened to the world in the 1980s — and took off in subsequent decades. Its share of the global economy rose nearly tenfold from below 2 per cent in 1990 to 18.4 per cent in 2021. No nation had ever risen so far, so fast.    (more…)

Via SchiffGold.com,

The latest buzzword in the mainstream financial media is “soft landing.” Everybody seems convinced the Fed has beaten inflation, and that it has completely avoided pushing the economy into a recession. According to the mainstream narrative, we may see a bit of an economic slowdown in the months ahead, but a recession is pretty much off the table. In his podcast, Peter Schiff explains why a soft landing is impossible.

Wall Street is booming with the (more…)