Global Data Pod Weekender: You can’t handle the truth!

In this episode of the J.P. Morgan Weekender, Bruce Kasman and Joe Lupton discuss the global economic outlook, focusing on recent data and potential risks. They analyze positive signals from global PMIs, Taiwan tech exports, and UK employment, while also considering downside risks in the US labor market, the ongoing government shutdown, and the IEEPA tariff court case. They debate the implications of these factors on GDP growth, inflation, and central bank policies, with differing views on the strength of the US economy versus the rest of the world and the potential impact of political actions on business sentiment. The conversation also touches on the economic situations in the UK, Asia, and China, highlighting both positive developments and structural challenges.