Here is an info graphic that shows which countries are responsible for overall world economic growth:
People often fall prey to over-simplifying things.
A poignant example of this tendency is the that market rally since the US presidential elections has been dubbed the “Trump Rally”. This oversimplification does not give credit to the fact that many of the drivers of this current market environment were set in motion before the elections. Here is a list of important charts that evidence this point:
As market commentators attempt to deride the “Trump rally”, they are actually missing the broader picture of the multi-faceted economic growth that is going on globally.
Scott Grannis provides some great commentary and charts in the following blog post:
LINK: Global Outlook Improves
Today is the day of election in Netherlands.
Here is a comprehensive guide to Dutch elections LINK
Why suddenly everyone is taking so huge interest in Dutch election? It is believed that the results of it may set the tone for upcoming French election.
In the following infographic ABglobal lays out details of how complicated it would be to bring the whole Apple’s production to US.
Here are a number of charts from legendary bond investor Jeff Grundlach of DoubleLine Capital:
I particularly like this chart of historical performance:
I would not no advise to bet against US stocks, but its clear that there is more compelling value to be found elsewhere.
US markets have continued to trade higher in the new year. Whether this unfettered optimism will be justified remains to be seen. However, what is abundantly clear is that American businesses are feeling very good about themselves and the prospect of tax reforms under a Trump presidency and Republican control of both the Senate and the Congress.
Here’s Scott Grannis with some more charts. Grannis also makes the prescient point that US businesses have been under-investing in capital goods and that improved confidence could do much to fill the gap:
The current US economic rate of recovery has significantly lagged the historical trend of US GDP growth. Many have argued that this is due to the fact that the “low hanging fruit” has already been picked. Scott Grannis places the blame on poor economic policy from the Obama administration, which has instituted policies that have made businesses more risk averse and thus more hesitant to invest. Reforms in tax policy could to much to restore business confidence. Yesterday’s excellent consumer confidence number points to the right direction:
Scott Grannis does a great job of assembling and contextualizing economic charts.
Here’s a link to the latest edition:
For all you visual learners out there, here is a collection of charts from a wide array of market analysts: