FedEx vs. World Trade

FedEx vs. World Trade (Leading Indicator) Fedex tends to lead world trade by 6 months. Image: Nordea and Macrobond

World Trade Volume Proxy

World Trade Volume Proxy World trade has rebounded faster than after the financial crisis of 2008, and is now pre-Covid-19 levels. Image: Morgan Stanley Research

U.S. Trade Deficit

U.S. Trade Deficit Tariffs did not reduce the US’s trade deficit with China. Image: Financial Times