2021‑22 Price Shock Evolved Into Broad Inflation Wave
How the price shock of 2021-2022 mutated into a more comprehensive wave of inflation. More on this in the Chartbook Top Links of today. https://t.co/5s8MaZvyqK
China May Begin Food Decoupling, FT Data Shows
Is China about to decouple on food? Riffing on a piece in the FT in the latest chartbook this morning. https://t.co/a0lMMdOOgC https://t.co/fqNWpHCXJi
US Leads High‑tech Weapons Thanks to Massive R&D
If you ask why the US dominates so many areas of high-tech weaponry in the West, the scale of defense R&D gives you an answer. More featured on today's Chartbook Top Links in the comment below. https://t.co/svG6LEtgbH
U.S. Retail Electricity Prices Surge Ahead of CPI
American retail electricity prices are running very far ahead of CPI - striking report by Grace Fan featured on today's Chartbook Top Links in the comment below. https://t.co/JRfEtYTzPA
Short‑term Oil Loss From Hormuz Can Be Offset
In the short-term and for a limited time, the losses of oil from the Straits of Hormuz can be made up. More at today's Chartbook Top Links: https://t.co/xfKk6k7sQC
Post‑COVID US Consumer Spending Surge: Will It Last?
Since COVID, the US has been riding a sustained surge in consumer spending. Will it continue? Today's Chartbook Top Links just dropped, check it out: https://t.co/6zzy84M54y
Iran's 2024 Defense Spending Drops to Just 2% GDP
In 2024 Iran, according to official figures, spent only 2 percent of GDP on defense. Chartbook Top Links of the day just dropped, check it out: https://t.co/nz8DKMgcO9
US Oil and Gas Exports Surge, Europe Leads Demand
US oil and gas exports are booming, especially in Europe. More on this in the Chartbook Top Links today. https://t.co/W3YGHCpF3J
Bipartisan Shift: US Turns Against Data Center Construction
Across both parties the mood in the US is turning against data center construction. This and more featured in the Chartbook Top Link today. https://t.co/nCW92Pf3bF
US Inflation's New Normal Exceeds 2% Threshold
The “new normal” for US inflation is no longer below 2 percent - EXCELLENT series of graphs from Mike Nolan at Reuters. More featured on today's Chartbook Top Links in the comment below. https://t.co/awyDZqNpdy
America Isn't the New Edwardian Britain, Reject 1914 Analogies
Hard-working hegemon? Why 21st-century America is not like Edwardian Britain. Thanks to the Hobsonian vision of @michaelxpettis and @M_C_Klein and the pervasiveness of the Thucydides trap argument we are haunted right now by analogies to the per 1914 moment. https://t.co/1lYqmbDzDY
Bessent's Treasury Launches Politically Driven Financial Packages
Bessent's Treasury is pioneering a new kind of highly political financial agency. First there was the financial package for Millei in September 2025, now for UAE and other allies. https://t.co/DWcVQjLMhx
Chinese Competition Doesn't Stifle EV Innovation for VW
Interesting indeed. But we dont disagree in any way, other, perhaps, than your assertion that Chinese competition is discouraging EV innovation elsewhere. Surely not true for players like VW. @LucaFornaro3
Explore Far-Right France: Le Pen, Bardella, Europe's Future
André Rougé in 2022, considered to be the leader of Les Horaces. In today's Chartbook Top Links, I recommend reading Far-Right France: Le Pen, Bardella and the Future of Europe, by Victor Mallet. More charts and links featured on today's...
Sanctions Spur Dramatic Diversification of Iran’s Trade
Under the sanctions regime, Iran’s trade has diversified dramatically. More featured on today's Chartbook Top Links in the comment below https://t.co/YVEjDdiUTn
New Mix of Old Global Imbalance Trends
Global imbalances - April 2026. A new cocktail in old bottles. The latest Chartbook newsletter just dropped. Check it out here: https://t.co/mMfEDcYvoJ https://t.co/4w6QpQDXwo
Brad Setser Weighs in on Chinese Current Account Puzzles
Curious what @Brad_Setser makes of the arguments made in "The Chinese current account imbalances: Puzzles, patterns, and possible causes" by Chang Ma and Shang-Jin Wei of Fudan. https://t.co/Ysceo5gx1a https://t.co/ZvoJfqSbzn
Libya's Central Bank Funded Tripoli Assault Through Abu Dhabi
Eastern Libya’s Top Money Man - or how Libya’s central bank financed the assault on Tripoli by way of Abu Dhabi. The Sentry article featured in the Chartbook Top Links today. https://t.co/zY0VaxASFE https://t.co/unp3sIz4If
Asian Empty Tankers Queue up From Cape to Gulf
Empty tankers mainly from Asia form long lines from Cape of Good Hope to US Gulf Coast. Find out more in the Chartbook Top Links today. https://t.co/otCxFTFsEp
U.S. Experiencing Hidden Surge in Manufacturing Output
America Is in the Middle of a Stealth Manufacturing Boom, as shown in this visual from the WSJ. More featured on today's Chartbook Top Links in the comment below. https://t.co/RLtkQKVSdm
Gum Arabic Powers Sudan Conflict Amid Global Demand
How gum arabic – the ingredient that puts the gloss in Coke, Pepsi and M&Ms – is fuelling the conflict in Sudan (from Jeune Afrique). Find out more in the Chartbook Top Link of today. https://t.co/qwSPakGyT4
US Equity Market Stays Upward, Not Looking Down
“Looking through”, “looking beyond”, one way or another the US equity market is not looking down. More on this in the Chartbook Top Links today. https://t.co/0qop5Uo3Zt
IMF Forecasts Resilient Global Growth Through 2025
Explaining the Resilience of Global Growth in 2025 from the IMF. Lower tariffs or other variables? More featured on today's Chartbook Top Links in the comment below. https://t.co/54emD8YVH4
European Actors, Even French Socialists, Drove Market Liberalization
Abdelal shows how capital market liberalization was pushed by groups of European actors including leading French socialists. Today's Chrtbook Top Links in the comment below https://t.co/BHXhe2jvTI
War Slashes Growth in Middle East, Low‑Income Nations
The impact of the war on the global economy as measured by revisions to the IMF’s World Economic Outlook: a very significant hit to the Middle East itself and Low-income Developing Economics. More featured on today's Chartbook Top Links in...
Hungary's Real Wages Fell to Eastern Europe's Bottom
Hungary’s real wages have been picking up, but btw 2004 and the early 2010s they went from middle of the East European pack to the bottom of the league. More on this in the Chartbook Top Links of today. https://t.co/JcNYWpZzuJ
One Belt One Road Lending Surges in 2025
Reports of the end of China’s One Belt One Road lending were very premature - 2025 was a record year for new commitments. More on this in the Chartbook Top Links today. https://t.co/KIBnk4491s
Tech Trends Meet Macro Data in Essential Graph
Because it combines technological waves with macroeconomic quantities, this is such an important graph (quibbles about quantification aside). More on this in the Chartbook Top Links. https://t.co/mIjJngmXKU
Gulf Medium‑Sour Crude Fuels West Coast Pipeline Gap
The oil that the USA imports from the Gulf is overwhelmingly medium sour, much of which ships to the West Coast which lacks pipeline access to domestic or Canadian oil. More featured on today's Chartbook Top Links in the comment...
Australia Faces Diesel Shortage After Hormuz Crisis
Australia is uniquely vulnerable to disruptions in diesel supply,leading to a real diesel Armada heading there in the wake of the crisis in the Strait of Hormuz. Chartbook Top Links of the day just dropped: https://t.co/phVWZTM4Em
Middle East Energy Infrastructure Damage Survey Revealed
Surveying the Middle East’s energy infrastructure damage (from FT Alphaville Robin Wigglesworth). More on this in the Chartbook Top Links today. https://t.co/IH3jh7JsL4
Turkey's Economy Fueled by Dwindling Gold Reserves
Turkey appears to be living off its gold reserves. Find out more in the Chartbook Top Link of today. https://t.co/E1jmvOnLzt
IMF Graph Misstates 1960s Defense Spending Share
Unless I am seeing things, there is something wrong with this graph in @IMFNews WEO Chp2 2026. World defense spending did no halve as a share of global gdp in the mid 1960s! Can anyone explain. Ive checked...
Germany’s Navy Fails to Build or Acquire Ships
Not only can the German defense establishment not build its own ships. It can’t even commission them competently from other people. Excellent reporting from Laura Pitel in the FT, featured on today's Chartbook Top Links: https://t.co/mD8bhmagvO
Weak‑balance‑of‑payments Oil
Oil or petroleum importer with low income and shaky balance of payments? Your bond yields just shot up. This and more in the Chartbook Top Links today. https://t.co/0ZEdcZZMFR
Methanol Prices Surge, Highlighted in Chartbook
Methanol - another basic material the price of which has surged. More on this in the Chartbook Top links today. https://t.co/zsabi9bx96
Yale's Investment Model Stumbles Amid College Financial Crisis
Yale’s Famed Investing Model Falters at a Fraught Time for Colleges. More at today's Chartbook Top Links: https://t.co/0UdW6XeX1G
U.S. Housing Stock Ages, Maintenance Needs Surge
America’s homes are increasingly old and in need of maintenance. Chartbook Top Links of the day just dropped: https://t.co/MDu3qSirg2
US Labor Data Shows Economy Still Robust
Labour market indicators suggest the US economy is still going strong. This and more in the today's Chartbook Top Links. https://t.co/DZsTza1fHV
French vs South African Chains Battle African Retail
Many African retail markets are contested by dueling French and South African chains. This and more featured in the Chartbook Top Links. https://t.co/zZCQM6c25l
China Shifts Upstream in Global Production Networks
China moves upstream in production networks. More on this in the Chartbook Top Links today. https://t.co/z8YSI2hXDR
Solar Becomes Cheapest Capital-Intensive Energy Option
Solar is now the less capital-intensive option. More charts and graphs featured on today's Chartbook Top Links in the comment below https://t.co/Duvpz2wy16
Nelson's Flagship Packed More Firepower than Corps
Added to which, a single first-rate warship in Nelson's fleet had more heavy artillery firepower than several Napoleonic corps.
US Crude Production Hits Record, Global Impacts Loom
US crude oil production breaks new records. What does this mean for other countries? For the American public? More charts and graphs featured on today's Chartbook Top Links in the comment below. https://t.co/WAXH5XLi1r
Chinese Government Bonds Stand Out as War Safe Haven
Chinese government bonds emerge as lone war haven. More on this in today's version of the Chartbook Top Links. https://t.co/jQYKfLr6kx
US Industries Struggle over the Past 18 Months
Last 18 months have not been good for US industries. This and more in the Chartbook Top Links today. https://t.co/xPfF8XxwJO
AI-Enabled Goods Lead US Imports in 2025
AI-enabling goods were big drivers of US imports in 2025. More charts and graphs featured on today's Chartbook Top Links in the comment below. https://t.co/hsx98RbAJP
Fertilizer Costs Surge, Food Prices Remain Stable
Though fertilizer prices are soaring, so far food prices are not. Good news from Alan Beattie in the Financial Times. Featured on today's Chartbook Top Links: https://t.co/4bpBb11NI9
Chinese Imports Are Large, Stable, and Thus Stabilizing
Hi @Brad_Setser I'd be a fool to argue with you about bofp issues. But what did I say? Are Chinese imports large? Yup. (Could they be larger? Sure but that is a different point). Are Chinese imports stable? Yup. (Might...
Mexico's Labour Market Skewed Toward Informal Employment
Mexico’s dualistic labour market is weighted towards informality. More on this in the Chartbook Top Links today. https://t.co/ZRjXpKyZBq