The stock market thinks the economy is accelerating. Don't expect jobs to follow, writes the WSJ's Greg Ip.
The stock market thinks the economy is accelerating. Don't expect jobs to follow.

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The stock market thinks the economy is accelerating. Don't expect jobs to follow.
From oil to interest rates, the president has repeatedly moved markets in his direction. Whether that serves the economy is another question.
NPR's Scott Simon speaks to Greg Ip, chief economics commentator at The Wall Street Journal, about rising bond yields and what they mean for consumer and the b…
The U.S. is a net petroleum exporter and productivity is improving, but the bigger risk is stubborn inflation.
Neither theory, history or the latest data suggests a recession driven by AI job dislocation is likely.
The elderly are physically and financially healthier than ever. So why do their needs keep taking priority over younger generations?
Soaring profits and stocks funnel more of GDP toward companies, their top employees and shareholders. AI will intensify this trend.
From Davos to Minneapolis, the events of this month have the potential to profoundly change the political and economic landscape for years to come.
China is swallowing up a growing share of the world's market for manufactured goods, revealing an uncomfortable truth: Beijing is pursuing a "beggar thy neighb…
Why Americans are reportedly still uncomfortable with AI, WSJ's Greg Ip explains

The U.S. is betting $20 billion that with time and support, President Javier Milei can fix Argentina's economy once and for all.
In Japan, as in the U.S., a new leader wants the central bank to make government debt more bearable, which could feed inflation.
The central bank's quarter-point rate cut has eliminated the U.S. economy's worst-case scenarios.
Markets haven't yet grappled with the implications of the president having control over the central bank.
President Trump is imitating the Chinese Communist Party by extending political control ever deeper into the economy.
The build-out of artificial-intelligence infrastructure is costing a fortune, straining companies and capital markets.
Like in New York and Silicon Valley, jobs in Los Angeles's core industry are moving elsewhere in search of lower costs and incentives.
Entitlements are infamously difficult to cut. Yet that's what House Republicans propose.
The president's tactics undercut his own rationales, while treating China better than allies.
Both countries are hailing this as a good outcome, showing how much the landscape has shifted.
Friday's report will provide the first 'hard' data since President Trump's April 2 tariff announcements.
They thought his second term would be like the first, giving priority to economic growth and the stock market. Trump had other ideas.
If tariffs evolve from a negotiating tactic to a new normal, economic and diplomatic costs to all of North America will grow.
Steep cuts to federal spending could pull down interest rates, the dollar and trade deficit - without the messiness of tariffs.
After a postelection pop in confidence, consumers are turning anxious about the future and President Trump's policies.
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