At issue: China economy in 2025
Welcome to an audio intro to your Weekly Economic and Geopolitical Essentials report for December 29, 2024 – your guide to the key issues impacting your retirement nest egg.
Hi, I’m Winn, your devoted leader of the Retirement Revolt. Let’s achieve retirement security together!
I invite you to read the full weekly full report on my Retirement Revolt Substack at bit.ly/week1229
The Retirement Revolt Substack is your go-to source for retirement news, helping you build readiness for the future.
You now have a partner to navigate the complex world of retirement planning. The Retirement Revolt Substack fills in the information gaps, becoming your trusted source for all things retirement, so you can face your golden years with confidence and comfort.
I encourage you to become a premium subscriber so you get all of our weekly content to help you make sense of the economic / financial and geopolitical issues that could derail your retirement plans.
Stand by for a free offer.
Check out last week’s report with totally free access at: bit.ly/week1222
Here’s a sneak peek from the last weekly report at the intersection of US and global economics and politics:
Thank you for being here with me for insights to build your retirement security!
The Retirement Revolt Substack is here to help you boost your retirement readiness.
Subscribe at https://bit.ly/rrevoltsub
Here is an excerpt of today’s episode to get you started:
Resilient US Economy, however,…
Consumers shopped online for holiday gifts – from Nov. 1 to Dec. 24 grew by 6.7% over last year – said Mastercard’s SpendingPulse report, reported Reuters.
Overall, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier.
The AP said this spending “underscores that the economy is still growing at a healthy pace even with higher interest rates, a trend that could cause the Federal Reserve to lower borrowing costs more slowly next year than they have previously signaled.”
These reports are against a backdrop of the Bureau of Economic Analysis’ “third estimate” of Q3 GDP growth upwards to around 3.1%.
But there are 3 “howevers” for retirement savers.
However, inflation is still persistently high amid the Federal Reserve cutting interest rates –
Now, an intro to our report on geopolitics:
China’s Economy
The publication America Economia citing World Bank numbers, reports that China, the world’s #2 economy, will achieve 4.9% GDP growth in 2024, and 4.5% in 2025.
The dance between incoming-president Trump and Xi Jinping will be a feature to watch in 2025.
Will Washington impose punitive tariffs on Beijing?
Some economic observers fear a trade war and blowback on the US economy.
Learn more about the economic and geopolitical issues impacting your retirement nest egg – Check out the full weekly full report on my Retirement Revolt Substack at bit.ly/week1229
Plus, get 7 days of free access with a payment card to read all you want – just go to bit.ly/rrv7days – premium content starts later this week.
Thank you for choosing Retirement Revolt Substack to help build your retirement security.
Are you ready to ditch the traditional retirement plan and design your dream retirement?
Build your retirement security and discover the secrets to a fulfilling retirement outside the U.S.
Get your copy of the Retirement Revolt Handbook today at bit.ly/rrevoltbook!
I’m Winn, the leader of the Retirement Revolt. I’ll see you in the next episode.