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REVEALED: 2 | Vintage Vibes

Justin Wolfers Says AI's Soaring Energy Demand Is Like Egg Shortage — But Predicts Market Will 'Hatch More Watts' As Prices Rise

Economist Justin Wolfers compared the current surge in electricity demand driven by artificial intelligence to a temporary "egg shortage," arguing that rising prices will spur new investment and stabilize power supply over time.

Benzinga

Dan Niles Channels Keynes On AI Hype, Warns Market Can Stay 'Irrational' Longer Than Investors Can Stay Solvent

Investor Dan Niles of Niles Investment Management said that the current market valuations are lofty, there is still room to run before the tide begins to turn.

Benzinga

Justin Wolfers Says Calling AI Bubble Is A Bit Like Trying To Spot The Top Of Mt. Everest, Economist Questions 'Confident Bears'

Economist Justin Wolfers pushed back against “confident” bears, suggesting that fears of a massive AI bubble may be overhyped and that the soaring valuations seen in the tech sector “actually do make sense.”

Benzinga

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'A Tale of Two Economies:' Steve Eisman Warns AI Spending Is Masking America's Weak Growth Reality — Rest Of Country 'Is Barely Growing'

Investor Steve Eisman, known for accurately calling the 2008 financial crisis, is sounding the alarm once again, this time on the growing disconnect between America’s booming tech sector and its stagnating broader economy.

Benzinga

Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China— Tesla, Meta And Other Mag 7 Stocks In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

Benzinga

Justin Wolfers Warns Of 'Two Economies:' 'We're On The Cusp Of A Non-AI Recession'

Economist Justin Wolfers issued a stark warning in a recent CNN appearance, arguing that the U.S. is effectively operating as “two economies” where a massive Artificial Intelligence boom is concealing significant weakness in all other sectors.

Benzinga

TACO 'Strikes Again,' Says Peter Schiff As Trump Calls Xi Jinping 'Wonderful President' Amid China Trade Escalation: What Economists Are Saying

Economists are reacting to President Donald Trump’s latest tariff escalation with China, as well as the subsequent walk-back over the weekend, following the sharp selloff in risk assets on Friday.

Benzinga

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Trump's Tariffs And 'Dumb Policies' Are Hurting Business Demand, Says Anthony Scaramucci: Consumers Are 'Sheltering In Place'

Former White House Communications Director Anthony Scaramucci criticized President Donald Trump’s trade and tariff policies, blaming them for rising inflation, along with the slowdown in business and consumer demand.

Benzinga

Government Shutdown A 'Pointless Spectacle,' Says Wolfers As El-Erian Warns of 'DOGE 2.0': What Economists Are Saying

As the U.S. government heads into another shutdown, prominent economists are weighing in with their takes, offering fresh warnings while expressing their frustrations.

Benzinga

Rand Paul Says It Is In American DNA To Rebel Against Taxation Without Representation, Which Includes Tariffs

Sen. Rand Paul (R-KY) on Sunday drew on historical economic principles to criticize modern tariffs, linking them to the foundational American resistance to taxation without representation.

Benzinga

Trump's 100% Drug Tariff Will Hit Americans, Economist Says Buyers 'Eat The Cost,' Not Foreign Firms

President Donald Trump's proposed 100% tariffs on foreign pharmaceuticals will ultimately be paid by American patients and insurers, not foreign drug companies, according to economist Justin Wolfers.

Benzinga

Trump Tariffs Fueling Inflation, Warn Economists As 72% Of CPI Components Surge Past Fed's Target: 'Inflation Risks Are Rising'

Inflationary pressures continue to mount, reemerging as the top concern among economists and market watchers, who place the blame squarely on President Donald Trump’s trade and tariff policies.

Benzinga

Stock Market Today: Dow, Nasdaq 100 Futures Slip After A Stellar Week—Fox, Oracle, Dell In Focus On TikTok Investment

U.S. stock futures fell on Monday following Friday’s positive moves. Futures of major benchmark indices were lower.

Benzinga

Trump's Tariffs Have Put Powell In A Bind, Says Economist: 'Get Rid of The Tariffs' To Solve These Problems

According to economist Justin Wolfers, Federal Reserve Chair Jerome Powell is stuck in a policy dilemma created by the trade and tariff policies of President Donald Trump.

Benzinga

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Benzinga

Trump's USDA Scraps Annual Hunger Survey Months After Cutting Food Stamps: Calls It 'Overly Politicized' And 'Rife With Inaccuracies'

The U.S. Department of Agriculture under President Donald Trump is ending the annual survey on hunger, known as the Household Food Security Report, calling it “overly politicized.” This comes just months after the administration cut food stamp benefits for millions of low-income Americans.

Benzinga

Trump's Tariffs Leading US To The 'Foothills of Stagflation,' Warns Larry Summers: 'Confidence Has More Room To Decline'

Former Treasury Secretary Lawrence Summers cautioned that the United States may be heading into a period of stagflation led by President Donald Trump’s trade and tariff policies, citing the lingering effects of tariffs and rising risks for both unemployment and inflation.

Benzinga

Trump's 'Sock Puppet' At The Fed, Says Elizabeth Warren On Stephen Miran's Dissenting Vote: 'Intended To Send A Signal,' Says This Economist

Federal Reserve Governor Stephen Miran's dissent during Wednesday's FOMC meeting has drawn mixed reactions from economists and politicians alike.

Benzinga

Economists Warn 'Stagflation Is In The Room' Amid Interest Rate Cut News: 'The Fed Has No Idea Where Inflation Will Be,' Says Peter Schiff

Leading economists are reacting to the Federal Reserve’s decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank’s independence, and others warning of difficult times ahead.

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Benzinga

Donald Trump Says 'No Inflation!!!,' But This Economist Asks 'Says Who?' As August CPI Rises In Line With Estimates

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

Benzinga

Stock Market Today: Nasdaq, Dow Futures Gain Ahead Of Apple's 'Awe Dropping' Event—Nebius, Fox, Oracle In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Benzinga

Trump Tariffs Will Fuel Stagflation As Economy Will Get 'Two Bad Tastes At The Same Time'— 'Rising Unemployment And Rising Inflation'

Economist Justin Wolfers is sounding the alarm on the potential for stagflation, warning that proposed tariffs could inflict a painful combination of slowing growth and rising prices on the U.S. economy.

Benzinga

Trump Will Put Together A 'Pure Grifter Bailout' If Family-Backed Crypto Ventures Fail, Says Economist: 'Privatize The Gains And Socialize The Losses'

Economist Justin Wolfers raised concerns on Wednesday about a potential federal bailout if the Trump family-promoted cryptocurrency ventures fall

Benzinga

Scott Bessent Says Trump Tariffs Delivering 'Historic Results,' GDP Growth Could Hit 5% — Justin Wolfers Hits Back: 'Ask American Manufacturers'

Treasury Secretary Scott Bessent is doubling down on the potential economic upsides of the tariffs, predicting massive revenue growth for the U.S. Government, alongside a boost to the domestic economy.

Benzinga

Justin Wolfers Says College Still Pays Off Big: Economist Reveals Four Years Of Study Add Over $1 Million To Lifetime Earnings

Economist Justin Wolfers is pushing back against skepticism about higher education, arguing that a college degree remains one of the most valuable investments a person can make.

Benzinga

Donald Trump Says $15 Trillion Investment In US Will Be 'Immediately Cancelled!' If Courts Strike Down Tariffs: 'Would Become A Third World Nation'

President Donald Trump warned on Monday that a record $15 trillion in planned investment in the U.S. would be "immediately cancelled" if courts are permitted to strike down his tariff policies.

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