Mapped: The Top Middle East Exports by Country
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US defense spending vs interest on Federal debt
Source: www.zerohedge.com
You can measure the concrete effects of inflation on your purchasing power over time by using this CPI Inflation calculator
https://lnkd.in/eFFzyTpu (This applies to the US only)
BREAKING: The US job market remains strong
In December, the US economy added 216,000 jobs, above expectations of 170,000. This means that the US economy has now added jobs for 36 consecutive months. The US Unemployment Rate held steady at 3.7% in December (consensus estimate was for an increase to 3.8%). Wages actually increased to 4.1% year over year from 4% in November. The market reaction is as you'd expect - yields higher, with fewer rate cuts being priced in for 2024. In light of these numbers, there is a problem with the number of FED rate cuts being priced in. Source: Bloomberg
German inflation has accelerated again, at least the headline rate
CPI rose to 3.7% in December from 3.2% in November due to base effect. But Core CPI has fallen further to 3.5% in Dec from 3.8% in November. This means that core inflation is once again below headline inflation. Source: HolgerZ, Bloomberg
How the economy works... An over-simplistic but accurate chart
Source: Markets & Mayhem
The Druckenmiller Recession indicator continues to plummet
Source: Win Smart, TS Lombard
GLOBAL WAGES
Source: Win Smart, Genuine Impact and The Daily Shot
