Booming or Bursting?

U.S. Economy Soars High, But Are Politics the Gravity?

The American economy seems stronger than ever right now. Despite geopolitical and trade headwinds, the U.S. economy outperforms its counterparts due to innovation and large consumer markets. With high-tech advances like SpaceX's reusable rockets, this economic vitality is evident, with output per capita surpassing that of many developed countries. The U.S. has outpaced the entire G7 in GDP growth since 2020 by three times.

Yet politics may threaten this momentum. Trump and Harris appear committed to policies that target their voter bases rather than the wider economy. Immigration, taxes, and government intervention are issues that differ in stance. For example, Trump suggests new tariffs and deportations that may disrupt the labor market and raise costs, while Harris favors more social spending. As the country's deficit approaches wartime levels, America's financial safety net could be weakened by unchecked spending.

Despite these looming uncertainties, consumer sentiment remains positive, bolstered by recent rate cuts and economic stability. For now, this surge might be kept afloat if the Fed continues its path toward lower rates.

Fame vs. Fury

Beyoncé spoke at a rally for Kamala Harris in Houston on Friday.
Credit: Erin Schaff/The New York Times

So, here we are—welcome to America's Celebrity Election. Yep, Kamala Harris has Beyoncé, Springsteen, and Eminem turning up at her rallies, and Trump's team is…well, let's say they're not thrilled. During his trip to Michigan, Trump teased Harris's "dance party with Beyoncé" to boos from the crowd.

Here's the fun part: celebrities' endorsement wars stir up intense emotions on both sides. The Harris crowd loves the pop royalty appearances, while Trump's crowd, backed by names like Kid Rock and Hulk Hogan, is more anti-Hollywood. As some Trump fans put it, they'd rather skip the "famous elites" altogether. Still, you can't help but notice the mixed feelings—even Trump admitted he'd have liked to watch Beyoncé, if only for a minute.

It's a battle for cultural territory as much as votes. Who knew choosing a president would involve playlist wars?

Escape Plan in Action

Italians live with an undercurrent of fear as they prepare for an event they hope never comes: evacuating half a million people from the rumbling Campi Flegrei volcanic region. Near Naples, this caldera has been steadily active, reminding residents that it could erupt anytime. Recently, authorities organized a four-day drill to ensure they’re ready to get people out quickly.

As thousands of residents took part, they packed bags, filled evacuation buses, and practiced what to do in case of toxic fumes or tremors. It’s no small task, especially for communities rooted in centuries-old towns that don’t want to move but know the risks.

While some locals are skeptical, it's about finding peace of mind for many. They'll be better prepared for an emergency, and for a region living on the edge, that reassurance could just be the lifeline they need.

Size Down, Power Up 

Apple M4 chip: specs, performance. Credit: Apple

Apple's Mac lineup is about to take a giant leap forward. This week marks Apple's unveiling of the M4 chip in new Mac models, designed to redefine performance for everything from AI to gaming. You can expect a 24-inch iMac, updated Mac Minis, and new MacBook Pros with M4 processors that nearly double the processing power of the M3. The speed jump will be especially noticeable for those still using an M1 or earlier.

Beyond power, the Mac Mini focuses on compact design. From ray tracing to enhanced Neural Engine performance, its size reduction is comparable to that of an Apple TV. This time, the announcements will be spread across three days, so we're in for a steady stream of surprises.

💡 Core Wisdom

Greatness is a road leading towards the unknown.

📸 Lens to Life

Epson International Pano Awards 2024 winners.

🧮 Core Count: 72

The number of different muscles you use when speaking.

🗓️ Flashback:

1492 - Christopher Columbus sighted Cuba and claimed it for Spain under "Juana."

1831 - Michael Faraday demonstrates his dynamo invention, an electrical generator.

1886 - President Grover Cleveland dedicated the Statue of Liberty and celebrated with the first confetti parade in New York City.

I'm glad we could get together here. Looking forward to seeing you tomorrow!

Fatih Taskiran

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