In Brief: The World’s $86 Trillion Economy in One Chart
The US and China represent 40% of the global economy
Visualizing Fertility Rates Around the World Since 1900
The global fertility rate has fallen from about five children per woman in the 1960s and 70s to just 2.44 today
In Brief: Credit Cards, the Interest Rate That Keeps Climbing
US commercial bank credit card interest rates hit a two decade high of 16.91% in the first quarter of 2019
El-Erian: Expect Further Escalation in Trade War
“The CPI number highlights the dilemma facing the Fed, which is neither the real economy nor inflation is calling for what the market has priced in”
Italy: Why Fiscal Discipline Eventually Matters
Fiscal stimulus, much like monetary stimulus, is only really effective when it is counter-cyclical
Luke Gromen: Inflation Is the Only Way to ‘Fix’ Sovereign Debt Crisis
“The last time the world was moving towards a recession with advanced economy soveriegn debt levels as a percent of GDP as high as they are today was about 100 years ago”
Map: The History of Coins & Currency – 1500 to 2019 AD
The Rise of the Dollar
Image of the Day: The Appleton
Circa 1900
James Athey: Market Knows It Can Influence Fed Policy
“The circularity of it is quite obvious and clear”
Map: The Global Easing Cycle Has Started
The great race to the bottom