U.S. Budget Deficit

U.S. Budget Deficit Government spending increases despite President Trump’s promise to eliminate debt. Image: Financial Times

U.S. Market Shares in China

U.S. Market Shares in China U.S. companies are clearly losing market share in key sectors in China, while President Trump wants American companies to leave China. Image: Oxford Economics

The Trade War Cycle

The Trade War Cycle The following picture helps to understand Trump’s trade war tactics. Image: StockCats

S&P 500 Gap Risk

S&P 500 Gap Risk The S&P 500 Index is subject to significant gap risks under the Presidency of Donald Trump. Image: Hayek and Keynes

Estimated Tariff Impact on Core Inflation

Estimated Tariff Impact on Core Inflation President Trump’s decision to increase the tariff rate will lead to a greater boost to U.S. consumer prices. Image: Goldman Sachs Global Investment Research

U.S. Average Tariff on All Imports

U.S. Average Tariff on All Imports A look at U.S. tariffs in the past and where they are today. Average U.S. tariffs were close to 1%, until President Trump decided to raise them. Image: BofA Merrill Lynch

U.S. Fiscal Stimulus as a Percent of GDP

U.S. Fiscal Stimulus as a Percent of GDP The chart shows the impact of the Trump fiscal stimulus on U.S. economic growth until 2021. You may also like “Despite Full Employment, Why Real GDP Should Stay Above Potential GDP?“  Image: ClearBridge Investments