Chartbook

"all history worthy of its name is contemporary history” - Benedetto Croce 1917. In 2026 we are worrying about bond markets again. Long yields are surging across the developed worl. The US Treasury is engaged in unprecedented intervention and the markets are not responding. Yields are back up and the dollar is down. Given the scale of the US Treasury market this is a matter of global concern. What is the worst thing that could happen?

Thank you for your support of Chartbook. Your generosity keeps this show on the road. 2% - how an endless series of remarkable technologies averages out to steady economic growth. Charles I. Jones

Thank you for your support of Chartbook. Your generosity keeps this show on the road. The story of the world economy in the first half of 2026 in one graph. MENA hit by the war, AI hardware producers on a roll.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Sascha Schneider, The Anarchist, 1894 Largest - reported, exposed and counted - trading losses of all time And the losses generated by Aschenbrenner’s leveraged AI stock bets put him up at the top of the global leaderboard of fund facepalms. We know this because we found…

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Amazing graphic of positioning by leading Anglophone commentators on the Warsh Fed.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Max Ernst The Phases of the Night (1946) Chip-makers and hyperscalers are repositioning, with Wall Street as Nvidia’s new partner The relationship between Nvidia and the hyperscalers—cloud giants such as Amazon, Google, Meta and Microsoft—used to be straightforward. Nvidi…

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Max Ernst 19 / 368Hydrometric Demonstration (1920) Ahead of the important US midterms, “Independent voters” disapprove of Donald Trump most on the economy of all issues.

The crisis of global heating will take many forms and we may imagine it in different ways. Hitherto, I tended to think in terms of dramatic scenarios. Hurricanes and storms bulked large in my imaginary. This July in Paris, I felt something else, something quite different: the suffocating, blanketing, smothering, suppressing force of really high temperatures.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. John Ferren, Rock Totems, 1948 Trump is taxing the dark matter that pays America’s way - Ricardo Hausmann brilliant as ever (For ease of understanding, I’ve done a bit of rearranging in this FT piece) The verdict on the first full year of the largest US tariff increase i…

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Nathan Oliveira, Golden Head, 1986 Decoupling? What decoupling? Years of US tariffs on China have largely failed to reduce dependence on Chinese suppliers