Each country in the world is known for something that it excels in or holds a leadership position. For example, Thailand is best known for rice and Chile is synonymous with Copper as it is the top producer and exporter in the world. I came across the following infographic showing each country and what it …
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US universities are home to the largest percentage of economic Nobel Laureates. 50% of all economic Nobel prize winners came from just 6 universities. No wonder many of these top economists are affected by group-think. Click to enlarge Source: via Twitter
The chart below shows the price changes of select consumer goods and services in the past 20 years. In the US, all the basic needs for a human being have become costly in the past 20 years. These include items like hospital services, education, child care, college textbooks, housing, etc. On the other hand, all …
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MaClean’s recently published an article that discussed the factors that make the U.S. great. The author concluded the piece saying the country’s greatness is a myth and that the reality is average based on factors such as income, education, infrastructure, etc. From the article: The belief in American greatness isn’t limited to the right; it …
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Bear markets are not always preceded by recessions and vice versa. The relationship between these two are tenuous at best. I came across an interesting piece by Liz Ann Sonders at Schwab on this topic. From the article: Stock market relative to recessions What should we expect from the stock market during a recession? Should …