Archive for the ‘US Macro’ Category

The US Was Once an Emerging Market

April 29, 2014

Before 1870, the US was an emerging market and emerged quickly and enormously in the fifty years after, as China and India waned in GDP.

–from Above the Market

Dramatic Rise in the US Dollar’s Strength

January 29, 2014

Since May of last year, many currencies are quickly falling against the US dollar, including the graphed emerging-market currencies. The Canadian dollar, not charted here, also fell 10% during this time period against the US dollar.

–from The Economist

Middle-Wage Job Growth Slow

November 4, 2013

Wages between $14 and $21 an hour, which are considered mid-wage jobs, have not yet recovered from their 2008 downturn. This provides further evidence of an increasingly bifurcating labor market with great increases on the top and the bottom.

–from Chartporn.orgĀ 

Half of American Tax Filers Earn Less than $30,000

July 11, 2013

 

 

 

Click through for an incredible graphic explanation of American tax payers. or download the PDF.

–from taxfoundation.org

Large Increase in American Millionaires

June 20, 2013

Between 2011 and 2012, the number of United States millionaires increased by 370,000, or 12%.

–from statista.com

Goods Inflation Inversly Related to Services Inflation

June 5, 2013

Core services inflation and core goods inflation have interesting and clearly opposing reactions to recessions. Most intriguing is the amount to disruption caused by the most recent recession, where the recovery patterns are quite different. Click through for a more extensive analysis.

–from The Economist

Government Tax Expenditures Mostly Benefit Richest, Poorest Americans

May 30, 2013

The Congressional Budget Office’s tax expenditures report, released today, shows that the richest Americans benefit enormously from tax breaks–including those of low capital gains rates, tax-free investments such as a 401k, and many others. As a percentage of income, the poorest citizens benefit the most, but the richest 20% account for 50% of total government tax expenditures. The middle 60% benefit the least.

–from the Congressional Budget Office

OECD Better Life Index

May 28, 2013

The OECD Better Life Index, out today, had one particularly interesting insight. Although the top 10% of the US have the greatest wealth, the bottom 10% is well below Canada, Sweden and Australia. The large spread is due to the increases of the gini coefficient in the USA.

–from The Economist

Corporate Profits and Corporate Taxes Diverged

May 23, 2013

Corporate profits are at an all-time high. However, the tax revenue from this enormous economic boon are near the all-time lows caused by the recession in the early 1980’s. There are many causes, but the result is a clear divergence.

–from The Economist and The Atlantic

North American Oil Production Is Radically Shifting Global Supply

May 14, 2013

North American oil production, dark green in the chart, has been undergoing explosive supply growth since 2010. Between the new extraction methods used in the US and continued expansion of the Alberta tar sands in Canada, the supply and extraction technology coming from North America will change the global oil market radically over the next five years. Consider the following quote from the International Energy Agency’s press release accompanying this graph:

“The supply shock created by a surge in North American oil production will be as transformative to the market over the next five years as was the rise of Chinese demand over the last 15, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR) released today.”

–from Business Insider and the International Energy Agency

 


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