This chart was motivated by the article History Suggests Oil Shock Raises Probability of U.S. Recession published last Friday by Bloomberg. According to the article, historical data shows that big surges in crude-oil prices have ended U.S. economic expansions and tipped the U.S. economy into recession.
As of today Bitcoin is trading at around $43K. This is about 50% down from its November 2021 record high. However, this is more than 80% up compared with its value at the beginning of the covid-19 crisis.
Military expenditure by the top 15 countries reached $1603 billion in 2020 and accounted for 81 per cent of global military spending.
Four ways to visualise CPI inflation forecasts.
Nothing says I love you like a 3D heart made with Python. You only need numpy, pandas, and Plotly.
The ability to take data – to be able to understand it, to process it, to extract value from it, to visualize it, to communicate it’s going to be a hugely important skill in the next decades,
According to the BoE, the projected overshoot of inflation relative to the 2% target mainly reflects global energy and tradable goods prices, the latter due to global supply chain disruptions.
Freight is big business. It is a necessity, not a luxury. When transportation system performance decreases, freight-related businesses and their customers are affected.
The ultimate test of whether I understand something is if I can explain it to a computer.
Wealth is valued for its capacity to reduce vulnerability to shocks such as unemployment, ill health, natural disasters or indeed a pandemic.
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