US belt-tightening takes hold, jitters haunt financial markets
Kia ora,
Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with the mess in the US is getting worse as 'retribution' is ramped up. Markets are getting nervous.
First, the US government shutdown is masking official data that would show growing troubles in their economy. Today the Challenger job cut report for October revealed that softening consumer demand, the shutdown, AI adoption and higher tariff-taxes are driving hiring freezes and…
The skinny
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