Markets Have Become Little More than a Flawed Transmission Mechanism for Monetary Policy
The unwillingness of central banks to ‘permit’ markets to accurately reflect slowdowns in the real economy defines this period of abnormal monetary policy
Map: Whether Every Country Imports More from China, the EU, or the US
Replacing Germany with the entire EU makes a huge difference compared to the previous map
In Brief: US Life Expectancy Peaked in 2014
The explosive rise in drug overdose deaths in the US is the primary cause
Who Wants ‘Soft’ Brexit?
Compared to leaving or staying, soft Brexit offers only disadvantages
Sven Henrich: Make or Break Time for the Markets
“How do you sustain an economy that can’t even handle a 2.5% Fed funds rate?”
El-Erian: It’s All About Central Banks & Liquidity, Not Fundamentals
“If you look at what happened in Q1 versus what happened in Q4, the only significant difference is that central banks”
EU Customs Union: It’s Already Been a Bad Deal for the UK
The last 20 years have seen the UK’s goods exports to the EU customs union almost completely stagnate while its imports have surged
Defense Expenditures of NATO Countries
The US still represents roughly 70% of NATO’s military spending
Map: Every Day of the English Civil War
The changing front lines of a complicated civil war that pitted English Royalists, under the banner of King Charles I, against Parliamentarians
Total US Debt Is over $75 Trillion; Debt-to-GDP Lower than in 2008
Corporate debt is well above its Financial Crisis levels