I ask Shawn DuBravac, IPC’s chief economist, what’s behind the latest stock market turbulence, as we analyze the selloff in technology stocks that has rocked the market. We explore the drivers behind this volatility, such as the yen carry trade and a global repricing of risk, while considering the broader context of global uncertainties such as conflict and the potential slowdown in the U.S. economy.
As is tradition at EMS & The Economist, we review the latest order intake and billing figures from IPC Research, as well as other data, such as NVR’s annual survey and in4ma’s biannual report produced in partnership with IPC. In addition to presenting the numbers, Shawn and I examine the anecdotes and trends behind them, while exploring some of the external factors driving them.
We then look at the potential impact of the US presidential election on manufacturing output, focusing on new Democratic candidate Kamala Harris. We explore how her policies could reshape the manufacturing landscape, particularly in the Midwest, and the central role of the vice presidential candidates and key states in this narrative. Shawn looks forward to what we might see when the candidates debate each other in the coming weeks.
We also discuss the critical need for stable and clear policy frameworks for long-term business planning, the implications of the Federal Reserve’s decisions, and the need for financial support and stimulus opportunities.
Stay ahead as we look forward to our next show and the chance to discuss new data and policy developments in an ever-changing landscape.
Like every episode of EMS@C-Level, this one was sponsored by world leader in inspection Koh Young (https://www.kohyoung.com) and the adaptable automation specialist Launchpad.build (https://launchpad.build).
