U.S. Effective Tariff Rate

U.S. Effective Tariff Rate The U.S. effective tariff rate is rising to the highest in 70 years. You may also like “Tariffs in United States History.” Image: Goldman Sachs Global Investment Research

Leading Economic Indicators (LEI): U.S. vs. Global

Leading Economic Indicators (LEI): U.S. vs. Global Leading economic indicators appear to be stabilizing, outside the United States. The central banks’ policy response could have a positive knock-on effect on global growth. Image: Legg Mason

Time in Recession

Time in Recession Since 1950, the United States has spent 10% of the time in recession compared to 33% for Argentina. Image: Bloomberg

U.S. – China Competition (Focus Risk)

U.S. – China Competition (Focus Risk) The United States and China will eventually conclude a trade agreement, but tensions between the two countries are structural and won’t go away any time soon. Image: BlackRock Investment Institute

Global Nominal GDP

Global Nominal GDP After the U.S., China is the world’s second largest economy. Its nominal GDP represents 16% of world GDP, compared to 24% for the United States. Image: Scotiabank

Annual Carbon Emissions in Tons (CO2)

Annual Carbon Emissions in Tons (CO2) About 86% of global carbon emissions are produced by countries other than the United States. You may also like “Total Global Carbon Emissions.” Image: Bloomberg

World PMI Manufacturing

World PMI Manufacturing Most regions are now in contraction territory, except the United States. Image: Pictet Wealth Management

U.S. Total Nonfarm Payrolls and Recessions

U.S. Total Nonfarm Payrolls and Recessions Total nonfarm payrolls increased 224K in June, well above expectations, which should calm fears of a near-term recession.  The job market is still strong, even if there are signs it is slowing down. Actually, nonfarm payroll growth tends to decline before a recession. You may also like “What Is…