rose98734(25)•in #economy•3 days agoCanada had the best-performing stock market of 20252025 started ominously for Canada: President-elect Trump vowed to use "economic force" to coerce Canada into becoming the 51st state. Shortly after his inaugura...3rose98734(25)•in economy•3 days agoCanada had the best-performing stock market of 20252025 started ominously for Canada: President-elect Trump vowed to use "economic force" to coerce Canada into becoming the 51st state. Shortly after his inaugura...3
rose98734(25)•in #economy•26 days agoThe median age of American first-time home buyers climbs sharplyHere is the chart: source This is down to two things: the interest rate on a 30-year fixed rate mortgage is 6.25%. Combined with the high prices of properties, ...1rose98734(25)•in economy•26 days agoThe median age of American first-time home buyers climbs sharplyHere is the chart: source This is down to two things: the interest rate on a 30-year fixed rate mortgage is 6.25%. Combined with the high prices of properties, ...1
rose98734(25)•in #economy•50 days agoThere are now 12 Trillion Dollar companies in the worldHere is the list: source There are no European or Chinese companies on the list. There is one Taiwanese company (TSMC), a Saudi company (Saudi Arabian Oil), and...1rose98734(25)•in economy•50 days agoThere are now 12 Trillion Dollar companies in the worldHere is the list: source There are no European or Chinese companies on the list. There is one Taiwanese company (TSMC), a Saudi company (Saudi Arabian Oil), and...1
rose98734(25)•in #economy•54 days agoFrench govt debt interest payments are now 2.3% of GDP, the highest since 2013The United States is not the only country to find that interest payments on government debt are eating it's budget. France is experiencing the same thing. Here ...1rose98734(25)•in economy•54 days agoFrench govt debt interest payments are now 2.3% of GDP, the highest since 2013The United States is not the only country to find that interest payments on government debt are eating it's budget. France is experiencing the same thing. Here ...1
rose98734(25)•in #economy•57 days agoComparing the current stock market to 1929...Lots of stock market bubbles have been compared to the lead up to the 1929 peak, most notably the 1990's dot-com boom. But the post covid tech-and-AI boom appea...1rose98734(25)•in economy•57 days agoComparing the current stock market to 1929...Lots of stock market bubbles have been compared to the lead up to the 1929 peak, most notably the 1990's dot-com boom. But the post covid tech-and-AI boom appea...1
rose98734(25)•in #economy•61 days agoBudgets Spanish-style - Don't bother, just roll the old budget overSpain had a general election on 23rd July 2023, which produced a hung parliament. Prime Minister Pedro Sanchez of the Spanish Socialist Workers Party managed to...3rose98734(25)•in economy•61 days agoBudgets Spanish-style - Don't bother, just roll the old budget overSpain had a general election on 23rd July 2023, which produced a hung parliament. Prime Minister Pedro Sanchez of the Spanish Socialist Workers Party managed to...3
rose98734(25)•in #economy•64 days agoFrench GDP used to be higher than Britain's - but the UK has now decisively pulled aheadFrance and Britain have similarly sized populations, and for most of the post-war period had similar sized economies, with France being in the lead, especially ...3rose98734(25)•in economy•64 days agoFrench GDP used to be higher than Britain's - but the UK has now decisively pulled aheadFrance and Britain have similarly sized populations, and for most of the post-war period had similar sized economies, with France being in the lead, especially ...3
rose98734(25)•in #economy•71 days agoBritain's minimum wage is now too highThe minimum wage in the UK is now £12.21 per hour. Rachel Reeves has hinted that it will rise to £12.70 per hour after the budget. That works out to £23,114 per...4rose98734(25)•in economy•71 days agoBritain's minimum wage is now too highThe minimum wage in the UK is now £12.21 per hour. Rachel Reeves has hinted that it will rise to £12.70 per hour after the budget. That works out to £23,114 per...4
rose98734(25)•in #economy•76 days agoCanada finishes doing Quantitative TighteningThe Bank of Canada has shrunk it's assets from 26% of GDP in 2020 to 8% of GDP now. Here is the chart: source As you can see from the chart, they've shed their ...1rose98734(25)•in economy•76 days agoCanada finishes doing Quantitative TighteningThe Bank of Canada has shrunk it's assets from 26% of GDP in 2020 to 8% of GDP now. Here is the chart: source As you can see from the chart, they've shed their ...1
rose98734(25)•in #europe•77 days agoThis chart shows why Britain voted to BrexitIt plots economic growth from 2007 to 2015 against real annual wages (i.e. wages after adjusting for inflation): source Click to enlarge the image. There is Bri...1rose98734(25)•in europe•77 days agoThis chart shows why Britain voted to BrexitIt plots economic growth from 2007 to 2015 against real annual wages (i.e. wages after adjusting for inflation): source Click to enlarge the image. There is Bri...1
rose98734(25)•in #economy•79 days agoThe % of people with an immigration background in German industryHere is the table in German: source Here is a translation: Schweiss Verbindungstechnik = Welding connection technology : 60% Koche/Kochinnen = Cooks : 54% Leben...1rose98734(25)•in economy•79 days agoThe % of people with an immigration background in German industryHere is the table in German: source Here is a translation: Schweiss Verbindungstechnik = Welding connection technology : 60% Koche/Kochinnen = Cooks : 54% Leben...1
rose98734(25)•in #economy•82 days agoDoes France believe that the rest of the Eurozone will bail them out via an ECB intervention or by issuing Eurobonds?France has had three Prime Ministers this year. Michel Barnier lost a vote of no confidence just four months into his premiership after proposing spending cuts....1rose98734(25)•in economy•82 days agoDoes France believe that the rest of the Eurozone will bail them out via an ECB intervention or by issuing Eurobonds?France has had three Prime Ministers this year. Michel Barnier lost a vote of no confidence just four months into his premiership after proposing spending cuts....1
rose98734(25)•in #economy•84 days agoNvidia now represents 8.2% of the S&P 500 indexHere's the chart: source Nvidia's share of the S&P 500 index is now bigger than the entire energy sector (3%), the entire utilities sector (2.5%) and the entire...4rose98734(25)•in economy•84 days agoNvidia now represents 8.2% of the S&P 500 indexHere's the chart: source Nvidia's share of the S&P 500 index is now bigger than the entire energy sector (3%), the entire utilities sector (2.5%) and the entire...4
rose98734(25)•in #economy•99 days agoThe number of unemployed in Germany approaches 3 million - the highest since 2014Normally unemployment doesn't rise much in Germany as there is a state-run furlough scheme that allows businesses to put their staff on a three-day working week...3rose98734(25)•in economy•99 days agoThe number of unemployed in Germany approaches 3 million - the highest since 2014Normally unemployment doesn't rise much in Germany as there is a state-run furlough scheme that allows businesses to put their staff on a three-day working week...3
rose98734(25)•in #economy•106 days agoBoomers have a total stranglehold over the French economyBoomers were born between 1945 and 1964, so they are currently aged between 70 and 90. Lots of countries moan about Boomers, but France really does have a case ...3rose98734(25)•in economy•106 days agoBoomers have a total stranglehold over the French economyBoomers were born between 1945 and 1964, so they are currently aged between 70 and 90. Lots of countries moan about Boomers, but France really does have a case ...3
rose98734(25)•in #economy•110 days agoArgentina has spent $1.1 billion in just three days to prop up the pesoThis involved the Argentinian Central Bank dipping into it's scant dollar reserves in order to sell the dollar and buy pesos, after the peso crashed 10% followi...1rose98734(25)•in economy•110 days agoArgentina has spent $1.1 billion in just three days to prop up the pesoThis involved the Argentinian Central Bank dipping into it's scant dollar reserves in order to sell the dollar and buy pesos, after the peso crashed 10% followi...1
rose98734(25)•in #economy•117 days agoThe chart that shows why the Federal Reserve cut interest ratesSo the Federal Reserve cut interest rates by 25 basis points, taking the Fed funds rate from 4.25% to 4%. In the lead up to the decision (which was well trailed...2rose98734(25)•in economy•117 days agoThe chart that shows why the Federal Reserve cut interest ratesSo the Federal Reserve cut interest rates by 25 basis points, taking the Fed funds rate from 4.25% to 4%. In the lead up to the decision (which was well trailed...2
rose98734(25)•in #economy•125 days agoFrench credit ratings in the spotlightThe French government fell yesterday when the French Assembly passed a motion of no confidence in Prime Minister Bayrou, killing his budget. The previous Prime ...1rose98734(25)•in economy•125 days agoFrench credit ratings in the spotlightThe French government fell yesterday when the French Assembly passed a motion of no confidence in Prime Minister Bayrou, killing his budget. The previous Prime ...1
rose98734(25)•in #economy•132 days agoForeign Central Banks Now Hold More Gold Than US TreasuriesHere's the chart: source The chart says "first time since 1996", but the gold on the central banks balance sheets back then was legacy gold, from when everyone ...2rose98734(25)•in economy•132 days agoForeign Central Banks Now Hold More Gold Than US TreasuriesHere's the chart: source The chart says "first time since 1996", but the gold on the central banks balance sheets back then was legacy gold, from when everyone ...2
rose98734(25)•in #economy•139 days agoFrench bond yields converge with Italy's across the board - is a new eurozone crisis brewing?French political turmoil has reared it's head again; it looks like Prime Minister François Bayrou won't be able to pass a budget through the French Assembly. Th...1rose98734(25)•in economy•139 days agoFrench bond yields converge with Italy's across the board - is a new eurozone crisis brewing?French political turmoil has reared it's head again; it looks like Prime Minister François Bayrou won't be able to pass a budget through the French Assembly. Th...1
