Michael Bird

1 month ago | economist.com | Michael Bird

Will the president win back investors? Does he even want to? THE SELL-OFF shows no sign of stopping. America’s S&P 500 index dropped by another 3% on March 10th, leaving the world’s most watched stockmarket down by almost 9% since its peak last month. The NASDAQ, dominated by tech firms, has fallen by 13%. It is not quite the bold new era of American growth that President Donald Trump had in mind.

Nov 23, 2024 | shadihamid.net | Shadi Hamid |Michael Bird |Sam Adler-Bell

Here’s a thoughtful review by the writer and Anglican priest of my 2022 book The Problem of Democracy, which is about how to think about democracy when it produces “bad” outcomes, as it inevitably will.

Nov 20, 2024 | economist.com | Michael Bird

American tariffs are helping to drive their expansion overseasBy Mike Bird, Asia business and finance editor, The EconomistAMONG WESTERN multinational firms, outsourcing has become a dirty word. Firms that once eagerly moved production abroad (especially to China) in order to reduce costs are keen to show they are committed to their home bases. But now the cheaply manufactured shoe is on the other foot.

Nov 18, 2024 | wealthcreationinvesting.com | Michael Bird

view original postBy Mike Bird, Asia business and finance editor, The EconomistT he trade war which began with tit-for-tat tariffs between Washington and Beijing in 2018 has now been raging for nearly seven years. With the re-election of Donald Trump in America, it will intensify in 2025. But the trade war is also spreading geographically. The number of countries being dragged into spats over trade with China is increasing, posing difficult decisions for governments.

Nov 18, 2024 | economist.com | Michael Bird

Countries that had previously managed to sit out the spat will be dragged into itBy Mike Bird, Asia business and finance editor, The EconomistThe trade war which began with tit-for-tat tariffs between Washington and Beijing in 2018 has now been raging for nearly seven years. With the re-election of Donald Trump in America, it will intensify in 2025. But the trade war is also spreading geographically.