Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
LONDON (Reuters Breakingviews) - The recent correction in global equity markets may turn out to be merely temporary indigestion involving algorithms. Nonetheless, it was the increase in the annual rate of U.S. wage growth to 2.9 percent in January that set the trading programmes in motion. The unexpected 0.5 percent monthly jump in American consumer prices adds to the excitement. This might be significant, if it indicates the arrival of an era when the economy once again follows some long-suspended basic rules.
LONDON (Reuters Breakingviews) - The infighting and reality-dodging that surrounds Britain’s exit from the European Union can seem like a grim comedy. However, it is no laughing matter that members of the government consider it their patriotic duty to criticise and ignore advice which doesn’t validate their view. Expert economists, however, have not stopped estimating just how bad it will be. And rather than exhibiting bias against Brexit, if anything they show too much optimism.
［ロンドン ３１日 ロイター BREAKINGVEWS］ - 企業は、時として先を見通す能力のある天才的経営者を必要とする。だが時には、もっとありふれたスキルを持つ人物が不可欠だ。
LONDON (Reuters Breakingviews) - Sometimes companies need chief executives who are visionary geniuses. Sometimes more mundane skills are required. Tesla’s plan to hand Elon Musk as much as $60 billion in stock over 10 years shows the electric-car maker is confused about what sort of boss is appropriate.
LONDON (Reuters Breakingviews) - Customers rarely complain that prices are too low. Mostly they just take pleasure in getting a bargain. If they bother to think about it, they probably assume there must be some good industrial reason for any discount, such as better technology or economies of scale.
LONDON (Reuters Breakingviews) - “For the purposes of this book ...‘the economy’ and ‘GDP’ are interchangeable terms.” The footnote on the first page of “The Growth Delusion” is a bit misleading. David Pilling’s intention is to demonstrate that even though maximising Gross Domestic Product has become the standard definition of national economic success, GDP is actually far from interchangeable with the actual economy.
LONDON (Reuters Breakingviews) - Why did Donald Trump say some places are “shithole countries”? Racism and xenophobia are obvious answers, but something else might be influencing the U.S. president: the pessimism of Thomas Malthus.
LONDON (Reuters Breakingviews) - Bitcoin was a hot topic at this year’s seasonal parties. Financially ignorant people asked what is going on. The most authoritative answers often came from those with little previous interest in investment. It is a familiar pattern.
LONDON (Reuters Breakingviews) - The American debate about lowering taxes on corporate profit teaches an important lesson about the contemporary economy. It does not work in the way introductory economics courses say it should.
LONDON (Reuters Breakingviews) - Bitcoin is in danger of becoming something like respectable. The CME Group plans to start trading futures in the crypto-currency, treating it like a genuine asset with a vaguely predictable value. Devotees are delighted, and critics, like me, look foolish. I predicted imminent collapse back in 2013 when the price was $87. On Wednesday, it hit $10,000.
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- US Dollar Report: FOREX-Euro falls as dollar extends recovery, with focus on Fed minutes