**Five Key Charts to Watch in Global Commodity Markets This Week**

https://financialpost.com/pmn/business-pmn/five-key-charts-to-watch-in-global-commodity-markets-this-week-86.

#Graphs #Charts #Business #Finance #Economics #Markets @economics

Ouch. US retailers are deciding to resume shipments from China with the tariffs applied and US firms are going to pay the tariffs.

I wonder what that will do to prices?

Creative Economy and the OSCE https://www.byteseu.com/958351/ #Economics #economy #OSCE

If you love to nerd out on financial markets and what makes the most successful traders tick, then Jack Schwager's "Market Wizards" series is excellent. Someone just let me know that he's working on his next book!

The Geopolitics of the Red Sea Crisis: Implications for Global Trade and Security https://www.byteseu.com/956506/ #China #Defense #Economics #EuropeanUnion #Geopolitics #maritime #USA #Yemen

Joseph Stiglitz is like Paul Krugman -- super smart and won the Nobel in Economics -- so it's worth reading his slides, even if esoteric information.

But I see 3 hurdles to his proposal:
1. Requires global cooperation which, ahem, never happens.
2. Will raise prices for everyone, everywhere, even poorest countries.
3. Using "chits" will result in business cycle hoarding, exacerbating every recession for the losers.

#Economics
https://www.businessinsider.com/joe-stiglitz-on-mercantilism-2012-4?utm_medium=referral&utm_source=yahoo.com

Nvidia, $NVDA, is up 4.54% today.

It is up 13% on the week.

**How Bond Vigilantes Made Trump Blink**

Bloomberg Originals

“_US President Donald Trump retreated from his sweeping “reciprocal” tariffs after a bond selloff sent Treasury yields soaring. But who are the much-feared bond vigilantes behind his reversal?_”

#Video length: ten minutes and fifty-four seconds.

https://www.youtube.com/watch?v=5vB8wB1lDF0.

#Bonds #Trump #Tariffs #Markets #Economy #Economics @economics

**UK trade with the United States: 2024**

“_In 2024, the UK imported £57.1 billion of goods from the United States (9.7% of all goods imports) and exported £59.3 billion of goods (16.2% of all goods exports)._”

Office for National Statistics (ONS), released 25 April 2025, ONS website, article, https://www.ons.gov.uk/economy/nationalaccounts/balanceofpayments/articles/uktradewiththeunitedstates/2024.

#Data #DataViz #Statistics #Trade #Economy #Business #Economics #UK #UnitedKingdom #USA #US #UnitedStates @economics

Trump says Xi called him, lays out trade and other deal plans in Time interview https://www.bocvip.com/844994/trump-says-xi-called-him-lays-out-trade-and-other-deal-plans-in-time-interview/ #economics

23 min
The gist some of the things being said here is that the bookings for shipment from China down 60%. This means that the West Coast ports receiving Chinese goods are going to get very quiet. LA is the primary entry point for goods brought from Asia.

The drop in bookings will be reflected in retail in summer. There is a four month lead on booked shipments to arrive in the US. May and June is when this stuff is going to show itself.

https://www.youtube.com/watch?v=33kfpNiiAmo

Well, uh, the demand for US treasuries (long seen as a safe haven asset as safe as cash) has increased by a lot.

Bear in mind that sometimes these extremes mark the times when people are moving to safety much too late in a market drop. We will have to see how this plays out.

While the banks are trying to kill the cash economy by making it harder to get cash & charging more for receiving it from businesses, the amount of cash in circulation continues to rise.... where is it?

There may be more off-grid saving(s): hoarding cash rather than banking it;

its also likely an indicator of the strength of the causal, off the books economy of local services;

and of course, the illegal (drug?) economy will be a big factor.

Cash remains useful just not to banks!

A Predictive Model For Household Displacement Duration After Disasters
--
https://doi.org/10.1111/risa.17710 <-- shared paper
--
https://nicolepaul.eu.pythonanywhere.com/ <-- interactive web interface
--
#GIS #spatial #mapping #HouseholdPulseSurvey #risk #hazard #damage #loss #spatialanalysis #model #modeling #disaster #naturaldisaster #storm #hurricane #flood #fire #cost #economics #community #publicsafety #effects #predictivemodel #AI #machinelearning #riskanalysis #classifactiontree #socioeconomics #casestudy #mitigation #preparedness #displacement #population

China's digital RMB cross-border settlement system is now connected to ten ASEAN and six Middle Eastern countries, bypassing the SWIFT system for about 38% of global trade.

SWIFT transactions can take several business days to complete and can be expensive due to intermediary bank fees.

Digital RMB is faster and cheaper than SWIFT facilitating both domestic and international transactions.

https://ict-pulse.com/2025/04/digital-rmb-vs-swift-the-emerging-tech-backed-disruption-of-cross-border-payment-settlement/

Procter & Gamble CEO says price hikes are ‘likely,’ as Tide owner cuts outlook due to tariffs, uncertainty https://www.bocvip.com/844171/procter-gamble-ceo-says-price-hikes-are-likely-as-tide-owner-cuts-outlook-due-to-tariffs-uncertainty/ #economics

Exactly as we would expect. The same thing has always happened with drugs and whatever else eventually became a black market. The problem is and always has been in the people. Capitalism can't solve that kind of problem though, only makes it much worse.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5106235

**Dollar has further to fall, says Goldman Sachs chief economist**

“_A weaker dollar, by making exports cheaper, would also help narrow the U.S. trade deficit and help buffer the economy from recession. But Hatzius notes the drivers of dollar weakness matter and reduced appetite for U.S. assets could offset the impact of a weaker currency on financial conditions._”

https://www.reuters.com/business/finance/dollar-has-further-fall-says-goldman-sachs-chief-economist-2025-04-24/.

#USA #US #UnitedStates #Dollar #Finance #Economics @economics

If we want a China that is less threatening and less able to outcompete us for manufacturing, we need to join with other countries to push them hard to be more democratic and have higher labor and environmental standards. When all the workers of the world get more of what all of us want, some of almost everything will be made everywhere because the difference in production costs won't be big enough to justify the additional cost of transporting these goods around the world. #economics