• rose98734 (63)in #economy • 14 days ago

  Canada had the best-performing stock market of 2025

  2025 started ominously for Canada: President-elect Trump vowed to use "economic force" to coerce Canada into becoming the 51st state. Shortly after his inauguration, he followed…

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• rose98734 (63)in #economy • last month

  The median age of American first-time home buyers climbs sharply

  Here is the chart: source This is down to two things: the interest rate on a 30-year fixed rate mortgage is 6.25%. Combined with the high prices of properties, it makes…

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• rose98734 (63)in #economy • 2 months ago

  There are now 12 Trillion Dollar companies in the world

  Here is the list: source There are no European or Chinese companies on the list. There is one Taiwanese company (TSMC), a Saudi company (Saudi Arabian Oil), and the rest…

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• rose98734 (63)in #economy • 2 months ago

  French govt debt interest payments are now 2.3% of GDP, the highest since 2013

  The United States is not the only country to find that interest payments on government debt are eating it's budget. France is experiencing the same thing. Here is the…

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• rose98734 (63)in #economy • 2 months ago

  Comparing the current stock market to 1929...

  Lots of stock market bubbles have been compared to the lead up to the 1929 peak, most notably the 1990's dot-com boom. But the post covid tech-and-AI boom appears to be tracing…

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• rose98734 (63)in #economy • 2 months ago

  Budgets Spanish-style - Don't bother, just roll the old budget over

  Spain had a general election on 23rd July 2023, which produced a hung parliament. Prime Minister Pedro Sanchez of the Spanish Socialist Workers Party managed to cobble a…

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• rose98734 (63)in #economy • 2 months ago

  French GDP used to be higher than Britain's - but the UK has now decisively pulled ahead

  France and Britain have similarly sized populations, and for most of the post-war period had similar sized economies, with France being in the lead, especially during the…

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• rose98734 (63)in #economy • 3 months ago

  Britain's minimum wage is now too high

  The minimum wage in the UK is now £12.21 per hour. Rachel Reeves has hinted that it will rise to £12.70 per hour after the budget. That works out to £23,114 per annum for a 35…

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• rose98734 (63)in #economy • 3 months ago

  Canada finishes doing Quantitative Tightening

  The Bank of Canada has shrunk it's assets from 26% of GDP in 2020 to 8% of GDP now. Here is the chart: source As you can see from the chart, they've shed their Covid-era…

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• rose98734 (63)in #europe • 3 months ago

  This chart shows why Britain voted to Brexit

  It plots economic growth from 2007 to 2015 against real annual wages (i.e. wages after adjusting for inflation): source Click to enlarge the image. There is Britain…

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• rose98734 (63)in #economy • 3 months ago

  The % of people with an immigration background in German industry

  Here is the table in German: source Here is a translation: Schweiss Verbindungstechnik = Welding connection technology : 60% Koche/Kochinnen = Cooks : 54%…

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• rose98734 (63)in #economy • 3 months ago

  Does France believe that the rest of the Eurozone will bail them out via an ECB intervention or by issuing Eurobonds?

  France has had three Prime Ministers this year. Michel Barnier lost a vote of no confidence just four months into his premiership after proposing spending cuts. Francois Bayrou…

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• rose98734 (63)in #economy • 3 months ago

  Nvidia now represents 8.2% of the S&P 500 index

  Here's the chart: source Nvidia's share of the S&P 500 index is now bigger than the entire energy sector (3%), the entire utilities sector (2.5%) and the entire…

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• rose98734 (63)in #economy • 4 months ago

  The number of unemployed in Germany approaches 3 million - the highest since 2014

  Normally unemployment doesn't rise much in Germany as there is a state-run furlough scheme that allows businesses to put their staff on a three-day working week till the economy…

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• rose98734 (63)in #economy • 4 months ago

  Boomers have a total stranglehold over the French economy

  Boomers were born between 1945 and 1964, so they are currently aged between 70 and 90. Lots of countries moan about Boomers, but France really does have a case that Boomers are…

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• rose98734 (63)in #economy • 4 months ago

  Argentina has spent $1.1 billion in just three days to prop up the peso

  This involved the Argentinian Central Bank dipping into it's scant dollar reserves in order to sell the dollar and buy pesos, after the peso crashed 10% following Milei's severe…

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• rose98734 (63)in #economy • 4 months ago

  The chart that shows why the Federal Reserve cut interest rates

  So the Federal Reserve cut interest rates by 25 basis points, taking the Fed funds rate from 4.25% to 4%. In the lead up to the decision (which was well trailed) inflation…

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• rose98734 (63)in #economy • 4 months ago

  French credit ratings in the spotlight

  The French government fell yesterday when the French Assembly passed a motion of no confidence in Prime Minister Bayrou, killing his budget. The previous Prime Minister Michel…

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• rose98734 (63)in #economy • 5 months ago

  Foreign Central Banks Now Hold More Gold Than US Treasuries

  Here's the chart: source The chart says "first time since 1996", but the gold on the central banks balance sheets back then was legacy gold, from when everyone was on…

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• rose98734 (63)in #economy • 5 months ago

  French bond yields converge with Italy's across the board - is a new eurozone crisis brewing?

  French political turmoil has reared it's head again; it looks like Prime Minister François Bayrou won't be able to pass a budget through the French Assembly. There will be a…

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