As The World Turns

We expect global economic growth to continue to muddle along, neither booming nor busting, through 2025. Today, we review the key economic indicators we monitor to assess the strength of global growth, including world production and exports, commodity prices, and trade. … Also: Joe looks at how much the top-capitalization stocks in the top-performing country MSCIs have been boosting those indexes’ ytd performances. … And: Melissa reports on the ECB’s first interest rate cut since 2019, which will likely be “one and done,” and on the rising popularity in European country politics of nationalist parties—which could threaten the EU’s cohesion.