Will immigration remain an economic safety valve—or will politics close it off? Look for mounting pressure in Europe and Japan as labor shortages and aging populations collide with migration backlash. Can the UK find ways to get more people off the sidelines? US investors should keep an eye on the PCE inflation print and Nvidia’s earnings for potential market shakeups.
Bigger picture: Can advanced economies adapt to these workforce shifts fast enough—without derailing growth and financial stability? With central bankers from Frankfurt to Tokyo recalibrating, the coming weeks will reveal just how much “help wanted” is also “help needed.”
