Conventional wisdom emphasized the political prowess of Russia’s Putin. Popular imagery had the US playing checkers, while Russia played chess. We argued that having to use military means to secure what was...
This Great Graphic was tweeted by Emerging Market Equity. The charts come from the Institute of International Finance and also draws on data from EPFR, which tracks investment flows. What we are looking at here is...
What ultimately led US President Nixon to close the gold window was not its Cold War rival Russia. Rather it was US European allies who wanted to exchange their dollars for gold beyond levels that the US was prepared to...
Investors took the electoral success of nationalist and anti-EU parties in the EU Parliament in stride. The early results project these parties will secure around 130 of the 751 seats. Some partisans are claiming it is...
This Great Graphic was posted by Andy Kiersz on Business Insider. It draw on data from the US Census and shows the most important (by dollar value) export of each of the 50 states in the US. For nearly a quarter...
Last July, the People’s Bank of China removed controls on the lending rate and began liberalizing savings rates. This aggravated the volatility of money market rates. It is becoming clearer to PBOC officials that even the...
This Great Graphic comes from the CIA’s Factbook and it was tweeted by Noah Smith (@Noahpinion). It shows the largest export (by value) of various countries. Some of the results may be surprising, like...
Russia is more integrated into the world economy than the Soviet Union. There is clear interdependence, even if it is asymmetrically distributed. The confrontation with Russia over its actions in Ukraine and its...
This Great Graphic was tweeted by Pawel Morski, who got it from Deutsche Bank Research compilation of data from the Federal Reserve Board. It shows the Fed’s GDP forecasts made June over the last four years and the...
This Great Graphic, created on Bloomberg, shows the Italian premium over Germany on 10-year sovereign borrowing (white line) and the euro (yellow line). ECB President Draghi held out the possibility of new initiatives next...