Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go
To the us economy. Another sector expecting a boost aS Property, with Reports Majorfund managers in the uk are looking to buy the dip in us commercial property, anticipating a recovery. Ifjoining me now is Clayton Triick from Angel Oak Capital advisors. Are you surprised to hear Uk Investors are looking to jump into americas beleaguered commercial Property Market . We are not at commercial Property Market . Are not at all. We have seen recent reports and in the last 12 months it has been very good market be stepping into, us commercial properties. Its the kind dotted at the Monetary Policy has continued to be very tight and there has been a headwind for that sector. In the last 2a months that cut of 50 basiS Points could turn men into a tailwind looking forward so we are not surprised investors are looking to take advantage of that. You investors are looking to take advantage of that. Investors are looking to take advantage of that. You have got the Markets Advantage of that. You have
Lays out her plans for the uk economy. We take a look at how they stack up. Take over or turn around . Rumours mount over the future of struggling Chip Maker Intel. And still there for us. Friends after all these years. How the Hit Show is doing after 30 years since monica, ross, rachel, chandler, Joey And Phoebe met in that new York Coffee bar and made a fortune. Welcome to business today. Im mark lobel. We start here in the uk where the chancellor, Rachel Reeves, has been laying out her plans for the economy ahead of the new governments first budget next month. The first ever female Uk Finance chief struck a positive tone. She is pledging a new era of stability after years of economic uncertainty. Saying his is a pro business, pro Worker Government that will deliver a New Industrial Strategy to unlock Growth And Draw in investment. Im joined by chief Uk Economist at pantheon macroeconomics, rob wood. Thanks forjoining us. What is your big takeaway from this speech ahead of next Month
The Billionaire Entrepreneur jared isaacman clambered out of Spacexs Dragon Capsule and performed a series of manoeuvres near the hatch. He was followed by sarah gillis, a Spacex Engineer who is part of the four person, all civilian crew. This is the image of Mr Isaacman emerging from the Spacecraft Silhouetted against a spectacular view of Earth. Heres our Science Correspondent Pallab ghosh. Back at home, we all have a lot of work to do, but from here, Earth looks like a perfect world. Historic words for an historic moment. Out comes the first private Sector Astronaut to walk in space. Silhouetted in Earths orbit, billionaire jared isaacman paid millions of dollars for this experience. He remains partly in the capsule, so more Baby Steps than a walk in space, but a chance to move around in the newly developed spacesuit to test its mobility. The entire Operation End to end is two hours, so we just got to kind of see how everything progresses through it. But we dont need very long out t
Strong do you think demand is right now for these chips . fist right now for these chips . At the right now for these chips . Git the moment it is incredible. They cant make enough. They are the real superstar of the Ai Sector at this moment. They had the market to themselves. They are a good indicator of both the market itself but also of the position and the fact that they are the person you go to if you want to have the chips to set up your own ai system. What might everyone wants these chips, but there have been reports of potential delays, certainly in the shipment of the new chips. Do you think we will hear more about that when they report their results, will set the address that . I think they have to, everyone knows there a slight delay there and they just ignore it. These chips are hugely complex and it is part of a long Design Chain delays are kind of inevitable. They happen in this industry because these chips are hugely complicated. I dont think it is a big deal that it ha