Markets have priced in two USA interest rate cuts, a quarter-point rate cut this month and another in December. In Japan, Takaichi won the election, and she is seen as a bit of an Iron Lady. This was positive news for the Nikkei, although the Yen dropped in value. We are getting close to the holiday season i.e. Christmas time, to sit down and write your wish list to Santa Claus. He sees you when you’re sleeping, he knows when you have been good or bad, so you better be good for goodness’ sake. So what are your predictions for retail and the service sector for the last quarter of 2025? While you’re at it, you can come up with predictions for the rest of the global economy. What are your predictions for the first month and subsequent months for the first quarter of 2026. How will Trump’s Tariffs affect the USA and the rest of the Global economy?

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