As China retaliates with a 15% tariff on U.S. coal, India remains the top buyer, highlighting shifting global trade dynamics amid ongoing U.S.-China tensions.
Here’s how the American economy will be impacted by Trump’s tariffs on Mexico, Canada and China—in 3 charts
Trump’s second presidency has come with a series of executive actions—most with the focus to make the country more self-reliant, reducing dependence on foreign economies. I delve into the data to uncover how these tariffs might impact the U.S.
An explainer on U.S. Federal spending- in 5 quick charts
A visual explainer on the federal spending and deficit- in five graphs
U.S. imports from Mexico, Canada and China— explained in 3 charts
Trump’s second presidency comes with a series of executive actions—most focusing on making the country more self-reliant, and reducing dependence on foreign economies. We delve into the data to uncover where China, Mexico, and Canada really stand as key trading partners of the U.S. — all in just 3 charts
Trump’s 25% tariffs on Colombia- here are the products that will get more expensive
Less than 1% (0.5% ) of total U.S. imports are from Colombia. But, 28% of Colombia’s imports come from the U.S. The breakdown underscores Colombia’s role as a key supplier of niche products to the U.S. market.
Trump 2.0 – America’s underlying interest in Greenland and the Panama Canal
In his second presidency, Trump has repeatedly mentioned taking Greenland from Denmark and retaking the Panama Canal.Together, these trade routes underscore the complexities of international cooperation, climate change, and economic interests shaping the future of global commerce. I take a deep dive into the what’s behind these trade routes and why countries like the U.S., China and Russia are interested in them.
How climate change and avian flu could spike egg prices in 2025
A widespread outbreak of H5N1 is disrupting the egg supply and causing egg prices to rise again. And climate change is partly to be blamed.
The Future of the Federal Reserve under Trump
The Fed’s interest rate decision on Thursday coincides with the electoral victory of Donald Trump, who won both the popular and Electoral College votes in a strong political comeback in U.S. history, with promises of lowering inflation.
IMF forecasts rising unemployment in U.S. and Canada in 2025
The IMF forecasts rising unemployment rates in 2024 and 2025 for G7 countries, driven by significant increases in the U.S. and Canada, despite initial declines since the 2020 pandemic.
“Oil glut” looms amid rising non-OPEC production and China’s slowing demand
Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut—so large that it is likely to limit the price effects even of a wider conflict in the Middle East
Here’s why gold prices hit record high (again)
Central bank purchases have been key in driving up gold, often considered a haven in times of uncertainty and turmoil. Global uncertainties and the Federal Reserve slashing interest rates this year giving bullion a lift.
UPDATED: Federal Reserve’s first interest rate cut since 2020
The Federal Reserve lowered interest rates for the first time since 2020.
Inflation trends under each U.S. president since 1953
Inflation drivers are often complex and it’s essential to understand that new presidents often inherit economies, shaped by their predecessors.
3 charts showing economic performance under each President
Both party nominees, Donald Trump and Kamala Harris made some interesting claims about the U.S. economy in their first televised Presidential debate. The U.S. economy remains a heated topic during presidential debates and a top concern for American voters. Eight in ten registered voters say it will be important to their vote in the 2024…
CrowdStrike and NVIDIA team up ahead of earnings
After the global computer outage on July 19 this year, that cost Delta Airlines (DAL) an estimated revenue loss of $500 million, CrowdStrike (NASDAQ: CRWD) is set to reveal its second-quarter earnings. CrowdStrike and NVIDIA: A day before the earnings reports of both CrowdStrike and NVIDIA (NVDA) on Aug. 28, 2024, CrowdStrike announced it will…
Nvidia’s performance in 3 charts
Nvidia’s dynamic growth is centered around the surge in demand for AI chips. But others might be catching up to provide stiff competition to the company.
World Uncertainty Index
The World Uncertainty Index, tracking uncertainty globally via text-mining Economist Intelligence Unit country reports, indicates ongoing instability due to events like the global financial crisis, COVID-19, and geopolitical tensions, with recent years seeing military conflicts escalating
U.S. is now a net petroleum exporter
In the second half of 2023, international factors supported economic growth, with exports boosting GDP despite a strong dollar. US petroleum exports hit record highs, making the U.S. a net exporter, but trade with China dropped, with imports falling 20% and exports down by nearly 5%. As of July 1, 2023, U.S. petroleum exports exceeded…
Interest rate trajectory with changing inflation
The Federal Reserve uses interest rates as one of the many monetary policy tools to keep inflation at 2% and ensure full employment. Here’s how the terms in this relationship typically work: The relationship between the two can be summarized as follows: Lag Effect: Changes in the federal funds rate don’t immediately impact inflation. There’s…
Inflation comparison: U.S., G20 and European Union
G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by the rotating council presidency and the European Central Bank. In June 2022, both U.S. and G20 inflation reached 9.1%, according…
U.K. has the highest inflation rate across G-7 Countries
Inflation is a key economic indicator that impacts consumers, businesses, and policymakers. Understanding inflation trends in G-7 countries provides a snapshot of the complex and interconnected global economic landscape. The G-7 consists of some of the world’s most advanced economies, including the U.S., Canada, Japan, Germany, France, the U.K. and Italy. Let’s delve into the…
Wall Street looks towards Silicon Valley for automation
Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach. A July 2016 report by CB Insights showed that 41 startups may be introducing AI to fintech. Of the many big names, Goldman Sachs remained dominant in backing as many as four companies that use AI in financial technology.…
Banking with Artificial Intelligence
Faced with unprecedented challenges, banks have started racing to embrace AI to gain a competitive advantage. With the advent of chatbots, personal assistants, and robo-advisors, it may not be too hard to imagine that the next wave of technology could revolutionize the traditional style of banking. An Accenture report recently indicated that within the next three years, banks will deploy…
Living Wills of Too Big To Fail Banks
Banks have always remained too big to fail but their systemic risk became the topic of debates after the 2008 financial crisis. Living wills are a part of the post-2008 reforms to ensure that the risk does not spread to other sections of the financial system.
Why The Volcker Rule remains debatable in the Dodd-Frank Act?
Volcker Rule is a temporary solution to a permanent problem of ‘too big to fail’. If Volcker Rule really aims to address the issues of 2008 financial crisis, it should eliminate the issue of ‘too big to fail’ because as long as large firms exist, they will continue to attract federal support during any future crisis, despite all the adherence to the strict rules in the Dodd-Frank rulebook.
The ‘Missing Links’ in Dodd-Frank
With many complexities and delays, the promise made by Dodd-Frank is yet to be delivered. The above-mentioned rules are only three rules of the 400 ones that make up the Dodd-Frank Act. Here are the missing links of the Dodd-Frank Law.