Headlines
Bloomberg MarketsStocks Slide as Credit Stress, War and AI Fears Weigh | The Close 2/27/2026Financial TimesUS court blocks landmark law limiting social media use for childrenBloomberg MarketsEx-Moelis Banker to Plead Guilty in Global Insider Trading CaseFinancial TimesTrump administration to cut Anthropic from state contracts and Pentagon supply chainBloomberg MarketsPresident Trump’s Economy: Boom, Bust, or Business as Usual?Bloomberg MarketsThe Key to a Healthy Woman's HeartBloomberg MarketsRaising Cane's CEO on International Expansion PlansBloomberg MarketsCharlotte Hornets Aim to Generate Buzz Under New OwnersBloomberg MarketsParamount’s $57.5 Billion of Warner Debt to Mix Junk, High GradeBloomberg MarketsZscaler CEO: AI Is Opportunity, Not Threat, For Our BusinessBloomberg MarketsDuolingo Looks to Double Daily Active Users to 100M by 2028Bloomberg MarketsDavid Ellison Is Shaking Up CBS News; CNN Looks to Be NextBloomberg MarketsCompass, Rocket Partner on Home Listing InitiativeBloomberg MarketsStocks Slide as Wholesale Inflation Heats Up | Closing BellFinancial TimesBlackstone chief Schwarzman received $1.2bn in 2025 incomeBloomberg MarketsStocks Slide as Credit Stress, War and AI Fears Weigh | The Close 2/27/2026Financial TimesUS court blocks landmark law limiting social media use for childrenBloomberg MarketsEx-Moelis Banker to Plead Guilty in Global Insider Trading CaseFinancial TimesTrump administration to cut Anthropic from state contracts and Pentagon supply chainBloomberg MarketsPresident Trump’s Economy: Boom, Bust, or Business as Usual?Bloomberg MarketsThe Key to a Healthy Woman's HeartBloomberg MarketsRaising Cane's CEO on International Expansion PlansBloomberg MarketsCharlotte Hornets Aim to Generate Buzz Under New OwnersBloomberg MarketsParamount’s $57.5 Billion of Warner Debt to Mix Junk, High GradeBloomberg MarketsZscaler CEO: AI Is Opportunity, Not Threat, For Our BusinessBloomberg MarketsDuolingo Looks to Double Daily Active Users to 100M by 2028Bloomberg MarketsDavid Ellison Is Shaking Up CBS News; CNN Looks to Be NextBloomberg MarketsCompass, Rocket Partner on Home Listing InitiativeBloomberg MarketsStocks Slide as Wholesale Inflation Heats Up | Closing BellFinancial TimesBlackstone chief Schwarzman received $1.2bn in 2025 income
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

President Trump’s Economy: Boom, Bust, or Business as Usual?

Bloomberg Markets
Saturday, February 28, 2026 at 12:04 AM
~4 min read
Labor MarketInflationTrade

Original Report

President Trump says inflation is plunging, incomes are rising, and the economy is “roaring.” Former Obama economic adviser Jason Furman offers a reality check. Growth has been steady and...

President Trump says inflation is plunging, incomes are rising, and the economy is “roaring.” Former Obama economic adviser Jason Furman offers a reality check. Growth has been steady and unemployment stable, but tariffs are adding costs, policy uncertainty remains high, and the AI boom may not yet justify massive investment. With the Supreme Court striking down key tariffs and refund battles looming, the bigger question is whether today’s stability masks deeper long-term risks. (Source: Bloomberg)

Glass House Analysis

Labor market conditions shape the lived experience of millions of working families. When jobs are plentiful, workers have leverage to demand better wages and conditions; when they're scarce, the balance of power shifts to employers. This dynamic plays out daily in kitchen tables across America, where families make decisions about whether to ask for a raise, change jobs, or accept less-than-ideal conditions out of necessity.

International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%