Chartbook

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Christian Wilhelm Allers, Portrait of Otto von Bismarck, 1892 Joe Weisenthal musing about the end of US hegemony as revealed by the spread btw Chinese and US government borrowing costs.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Two huge forces in the world economy right now: One is energy prices

Thank you for your support of Chartbook. Your generosity keeps this show on the road. It is true, across the world, that investors are less keen to hold bonds. But there is no common pattern as to the driving forces.

Thank you for your support of Chartbook. Your generosity keeps this show on the road.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Elmer Bischoff, Two Figures at the Seashore, 1957 The only really dynamic job-creator in the US economy is health care:

Thank you for your support of Chartbook. Your generosity keeps this show on the road. The AI boom is driving a surge of imports.

Given the extremity of our moment there is an understandable desire to look to history as a possible source of orientation: hegemonic succession, fascism, the nuclear arms race, Cold War 2.0, middle-income trap, Japan 1990s etc are all commonly invoked. In each case the motive is understandable and the discussion is often fruitful, but more often than not the effect is comforting and to that degree also misleading. Fascism was a political force that was defeated.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. William-Adolphe Bouguereau 16 / 430Portrait of Monsieur M. (1850) Gridlock in the US Housing market is the theme of this week’s pod. But, not all parts of the US housing market as equally frozen.

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Keep coming back to this chart

Thank you for your support of Chartbook. Your generosity keeps this show on the road.