APAC Daily Chart Book - APAC Daily Chart Book

One of the fundamental underlying problems was that Brazil’s public finances were weak. The scale of emergency grant payments in 2020 had left the administration with a gigantic fiscal hole, increasing the size of the nominal deficit from 5.8 per cent of GDP at the end of 2019 to 13.7 per cent by the end of 2020. The decision to renew the grant in

You can see on the chart that it was similar during other dollar spikes from 1983-1987 and 1996-2003; dollar spikes are historically bad for U.S. corporate profit growth and this third one is no different.

This latest bout of corporate stagnation has been somewhat masked by higher equity valuations, corporate tax cuts that boosted after-tax profits,

Population Increase = 61.98%

GNI Per Capita Increase = 287.44%

As we can see, although India has experienced high population growth, its GNI per capita has increased at a faster rate. As a result, the quality of life in India has risen. This has given India more options for pursuing economic growth. As we discussed last week, energy = life, and e

personal consumption amounts to only about 35 percent of China’s economy—roughly half the level in the United States.

In order to promote more indigenous high-end technology, Chinese policymakers have in recent years mobilized the entire banking system and set up dedicated loan programs to support research and innovation in prioritized sectors. The result has been a tendency to deepen, rather than correct, the structural problems leading to excess investment and p

The rate of innovation is accelerating. A key signpost: Annual global patent applications leaped 2.5 times from 1995 to 2013, and in 2014 set a record for the number of patents filed internationally.