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Original headline: Local economist : Economic growth boosts Wyoming revenue but strains household budgets
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- Iran War Has Cost Nearly $2,000 Per US Household: Moody's Top Economist
Moody's Analytics chief economist Mark Zandi estimates the Iran war, which began February 28, has cost the average U.S. household nearly $2,000, or about $265 billion nationwide. Of that, roughly $1,100 comes from higher energy and transportation costs, $540 from higher interest rates and $360 from military spending, and energy costs are still rising by about $50 per household each week. The White House responded that Zandi is a Democratic donor who is often wrong. Other estimates are lower: Brown University puts consumer costs at $133.3 billion (about $1,018 per household), and the Congressional Budget Office put military costs at $38.1 billion through August 1.
- Iran War Has Cost Nearly $2 , 000 Per US Household : Moody Top Economist
Moody’s Analytics chief economist Mark Zandi estimated on Oct. 12 that the Iran war has cost the average U.S. household nearly $2,000 since it began, or about $265 billion nationwide. He attributed roughly $1,100 to higher energy and transportation costs, $540 to higher interest rates and $360 to military spending, and said energy costs are still rising about $50 per household each week. Other estimates cover narrower scopes: Brown University puts consumer costs at $133.3 billion (about $1,018 per household), and Defense Secretary Pete Hegseth has testified to about $37.5 billion in direct military costs. White House Principal Deputy Press Secretary Anna Kelly dismissed Zandi as a Democrat donor who is frequently wrong. U.S. and Israeli strikes on Iran began Feb. 28, and the Congressional Budget Office estimated military costs through Aug. 1 at $38.1 billion.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains - Xinhua
Tens of thousands of people took to the streets across several European cities over the weekend to protest rising living costs, housing shortages and strained public services. In France, some 550,000 people joined nationwide demonstrations on Saturday, which quickly turned violent, leaving 997 police officers and gendarmes injured, seven seriously, and 2,397 people arrested nationwide. In Milan, Italy, protesters threw firecrackers and bottles at police, injuring at least four officers and 20 demonstrators, with about 50 detained. Clashes also broke out in Brussels, and tens of thousands marched in Portuguese cities demanding affordable housing. Analysts warn that failing to address these hardships risks further eroding public trust and deepening social divisions.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains - Xinhua
Tens of thousands of people across major European cities protested over the weekend against rising living costs, housing shortages and strained public services. In France, about 550,000 people joined nationwide demonstrations on Saturday that turned violent, with 997 police officers and gendarmes injured, seven of them seriously, and 2,397 people arrested. Clashes also broke out in Milan and Brussels, with about 50 demonstrators detained in Milan, while tens of thousands rallied in Portugal demanding affordable housing. European leaders condemned the violence, and a Eurofound senior research manager said the benefits of macroeconomic stability are failing to reach the bottom half of the income distribution.
- Cost - of - living anger fuels protests across Europe amid deepening social - economic strains
Tens of thousands of people marched across European cities over the weekend, protesting surging living costs, housing shortages and strained public services. In France, about 550,000 people joined nationwide demonstrations on Saturday, and clashes left 997 police officers and gendarmes injured and 2,397 people arrested. In Milan, four officers and 20 protesters were hurt and about 50 people were detained, Brussels saw clashes, and tens of thousands in Portugal demanded affordable housing. French President Macron and Italian Prime Minister Meloni condemned the violence and vowed to prosecute those responsible. Eurofound's Eszter Sandor warned that the benefits of macroeconomic stability are not reaching the bottom half of the income distribution, eroding trust in governments.
- World Insights : Cost - of - living anger fuels protests across Europe amid deepening social - economic strains
Tens of thousands of people rallied across major European cities over the weekend against rising living costs, housing shortages and strained public services. In France, nationwide protests on Saturday drew about 550,000 people and turned violent, with 997 police and gendarmes injured and 2,397 people arrested. In Milan, protesters threw firecrackers and bottles at police, leaving at least four officers and 20 protesters hurt, while clashes also broke out in Brussels and tens of thousands in Portugal demanded affordable housing in Lisbon and Porto. Leaders including French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni condemned the violence. Eszter Sandor, a senior research manager at Eurofound, warned that the benefits of macroeconomic stability are not reaching the bottom half of the income distribution, deepening public distrust.
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Iran's Armed Forces Chief of Staff, Major General Ali Abdollahi, warned on October 18 that the US and Israel would face a far harsher response if they continue actions Tehran considers provocative. He said Tehran is awaiting their next moves and that Iran's armed forces remain ready for any scenario. Tehran accuses Washington and Tel Aviv of trying to weaken its government, and tensions have risen since earlier conflicts, including a 12-day war. Iran says it will not back down under external pressure.
- Is TC Energy (TRP) a Good or Bad Investment at Today's Multiple?
TC Energy trades at 21.19 times next year's expected earnings, closing at $61.74 on October 16 after a 1.5% return over 6 months, versus 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The company operates natural gas transmission pipelines across Canada, the United States and Mexico, plus power generation, with a 44.25% operating margin, and latest-quarter earnings rose 18.00% on revenue up 5.70%. The article flags risks including debt at 170.37% of equity, the loss of crude oil pipelines to South Bow in 2024, and volumes that depend on North American gas demand from power and LNG exports. A 4.01% yield is cited as income while the market decides whether the stable business justifies the multiple relative to its growth.
- Should You Buy This Trump AI Stock Ahead of Earnings?
Microsoft (MSFT) reports quarterly results on October 28 and ranks eighth in Trump's latest stock portfolio, after Trump bought the stock five times in August. Bulls point to Azure growth of 43% last quarter, with management expecting about 45% in the current quarter, and to demand that exceeds available computing capacity. Bears cite rising capital spending that Deutsche Bank says could push free cash flow close to breakeven in fiscal 2027, about two-thirds of spending going to short-lived equipment such as chips, and OpenAI making up about 45% of the commercial backlog in the December quarter. The stock trades at 26.75 times forward earnings, a 27% premium to the sector median of 21.01 but 12% below its own five-year average of 30.47, with a PEG ratio of 1.70 versus a sector median of 1.14. The article concludes that investors pay more than for the average tech stock but less than they usually pay for Microsoft.
- What Is Williams' (WMB) Economic Moat, and Is It Steel or Permits?
Williams (WMB) closed at $71.28 on October 16, with a 0.5% return over 6 months, compared with 10.5% for the Insider Monkey Billionaire Index and 9.3% for the State Street SPDR S&P 500 ETF Trust. The article argues its main advantage is the Transco pipeline, which runs from the Gulf Coast up the eastern seaboard, where several attempts to build new pipe have been abandoned after failing to win approvals. A 39.54% operating margin and 21.50% return on equity are cited as evidence of this advantage, although revenue rose only 7.80% last quarter. Limits noted include debt at 200.37% of equity, rules that also restrict Williams' own growth, and a price of 26.81 times expected next-year earnings. The dividend yields 2.95%.
- Marvell Jumps 6% as GF Securities Says Google Chip Delay Won’t Dent Its Position; Broadcom Rises 3%
Marvell shares rose 6% to $241.27 in afternoon trading after a reported delay in Google's next TPU chip, while Broadcom gained 3%. GF Securities analyst Jeff Pu said the delay does not change Marvell's medium- to long-term position in Google's chip supply chain. Marvell reported Q2 FY2027 revenue of $2.74 billion, up 36.5% YoY, with its Data Center segment at $2.17 billion, or 79% of revenue. Google can acquire up to 7% of Marvell shares under a warrant tied to revenue targets, and management expects its custom business to more than double in fiscal 2028. Q3 revenue guidance is $3.15 billion, plus or minus 5%, with non-GAAP gross margin of 57.5% to 58.5%, and the article notes Marvell still needs to convert its Google programs into reported revenue.
- Is ONEOK (OKE) Cheap at 14 Times Next Year’s Earnings?
ONEOK (NYSE:OKE) closed at $93.31 on October 16 and returned 11.4% over six months, versus 10.5% for the Insider Monkey Billionaire Index. The stock trades at 14.49 times next year's expected earnings and yields 4.59%, and revenue rose 52.80% last quarter as the company grew through acquisitions. The article argues that much of this growth was bought rather than built, with only 13.25% of revenue remaining as operating profit and debt at 143.07% of equity. Because a large part of the business involves buying and reselling liquids rather than earning transport fees, the article views the discount as having a reason behind it. It concludes that investors should watch margins rather than revenue.
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