Simon Kennedy

England

Senior Executive Editor, Macro Markets at Bloomberg News

Senior Executive Editor for Macro Markets at Bloomberg in London. Any opinions are my own. Likes serve as bookmarks.

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Articles

Thomas Chalmers on Constantine the Great | Simon P. Kennedy

3 weeks ago | americanreformer.org | Simon Kennedy

In the 1830s, the Church of Scotland needed to build new churches. Existing parishes served only a portion of Scotland’s population, and the poor were especially neglected. Thomas Chalmers (1780–1847), Moderator of the Church’s General Assembly in 1832 and a key leader in the evangelical faction, spearheaded the efforts to raise sufficient funds for this purpose.
"Jesus Secured the Purchase of a New Freedom" - Moderator's Easter Message – Free Church of Scotland

3 weeks ago | freechurch.org | Simon Kennedy

Rev. Callum Macleod (Moderator)Good Friday and Easter Sunday are important days in the life of the church. They help us celebrate what is the most momentous weekend in the history of the world. What do the events of this momentous weekend offer us in our troubled and broken world? Jesus secures the purchase of a new freedom on Good Friday.
Markets React to US Tariffs, China Retaliation

1 month ago | bloomberg.com | David Goodman |Simon Kennedy |Subramaniam Sharma

Obviously the open for US futures is the one that stands out from that list, given the major moves we saw in stocks last week, but the start of FX trading may give us some solid clues about what’s to come. Of particular interest will be the yen, to see how strong the demand for havens is at the start of the week, and the Aussie dollar, a proxy for risk. The Aussie had its worst day since the 2008 financial crisis on Friday, falling nearly 5%.
Traders Look to Powell for Signs Fed Is Ready to Step In

1 month ago | bloomberg.com | Simon Kennedy |Liz McCormick |Jonnelle Marte

Federal Reserve Chair Jerome Powell must perform yet another juggling act this week with the US central bank set to leave interest rates unchanged. On the one hand, he must assure investors that the economy remains on a solid footing, meaning cheaper borrowing costs aren't required, especially amid sticky inflation.
Slumping Stocks Point to Mounting Recession Fears

2 months ago | bloomberg.com | Simon Kennedy |Subrat Patnaik

The “Trump Bump” risks becoming the “Trump Slump” across financial markets. Having been elected with a “pro-growth” plan, President Donald Trump’s erratic tariff agenda, aggressive posture towards Ukraine and push to slash government payrolls are uniting with an already weakening economy to ignite investor fears of stagflation and perhaps even recession.
Germany Shocks Markets by Unleashing Billions

2 months ago | bloomberg.com | Simon Kennedy |Phil Serafino

This article is for subscribers only. When UK Prime Minister Keir Starmer declared on Sunday the need for a “coalition of the willing” to support Ukraine, he did so from London’s Lancaster House, the same location where Mario Draghi once pledged that the European Central Bank would do “whatever it takes” to protect the euro. Two days later, Germany’s Merz used Draghi’s catchphrase when talking about efforts to defend the country, as he announced plans to set up a €500 billion infrastructure fund.
Germany Shocks Markets by Unleashing Billions

2 months ago | flipboard.com | Simon Kennedy |Phil Serafino

7 hours agoPresident Donald Trump declared "the American Dream is unstoppable" as he addressed a raucous joint session of the US Congress for the first time since he returned to power. In the longest presidential speech to lawmakers on record, he outlined his vision for his second term, as Republicans …
Wall Street’s Risk Takers Are Staging a Retreat

2 months ago | bloomberg.com | Simon Kennedy |Lu Wang |Garfield Reynolds

The shortest month is ending with long faces among those investors who had hoped 2025 would reward risk-taking. As fear replaces greed across trading desks, the S&P 500 is now down for the year. On the flip side, Treasuries have extended their best start to a year since 2020. Animal spirits are also in retreat in crypto, and stocks in Asia and Europe had rocky days.
Global Debt Rose Around $7 Trillion to Record in 2024, Says IIF

2 months ago | bloomberg.com | Simon Kennedy

Global debt increased by around $7 trillion in 2024 to reach $318 trillion, a record annual high and a reason for financial markets to be cautious, according to the Institute of International Finance. Total debt as a share of gross domestic product also rose for the first time in four years as economic growth slowed, the group, which represents the global financial industry, said in a report. It predicted borrowing will remain high this year, especially in the US, France, China, India and Brazil.
Global Debt Rose Around $7 Trillion to Record in 2024, Says IIF

2 months ago | ca.finance.yahoo.com | Simon Kennedy

(Bloomberg) -- Global debt increased by around $7 trillion in 2024 to reach $318 trillion, a record annual high and a reason for financial markets to be cautious, according to the Institute of International Finance.