Our Economy and the World Issue 383

13-10-2024

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: German economy expected to contract again in 2024, economy minister says
  • AP: China announces more support for economy but holds back on major spending package
  • AP: US economy grew at a solid 3% rate last quarter, government says in final estimate
  • Bloomberg: PBOC launches $71 billion liquidity tool for stock investors

Special Analysis 

  • World Bank: Finance and Prosperity 2024

Developments in Financial and Commodity Markets in the Past Week

  • Yahoo Finance: The S&P 500 and Dow Jones surged to new highs, fueled by “Magnificent 7” Stocks
  • CNBC: European stocks close higher as investors eye lower oil prices, China stimulus