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Economy

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Recession Models Are Flashing Orange, But Few Traditional Signs of Overheating Since 2001

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Home Sales Since 2013

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Half of All Government Receipts from Individual Income Taxes Since 1934

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12-month Return Differential US vs non-US Equities (50 years)

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Rough Estimates of Relative Standing of Great Empires Since 1500

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China’s Development Since 1978

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Emerging Markets Increasingly Drive the Global Economy Since 1991

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Rise of Populism in Europe

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Europe is more Globally Exposed

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Deregulation is Happening Since 1994

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