LiveWire

While we may intuitively believe that a lot of business have to close, numbers say otherwise. However, note that this graph does not say anything on the state of the opened businesses.

2020 was not like any other year. It is interesting to see this through the lenses of Google searches. At times, Covid spreading predictions were made with the help of searches for loss of smell. We can also note that Zoom and Unemployment have a similar curve, and that George Floyd and Black Lives Matter saw a peak that lasted a month. Tesla was searched all year through. Will Bitcoin be on the top chart for 2020?

Inflationary risk is on the rise assuming economic recovery post covid-era. Warning for fixed income assets and growth firms. Nominal GDP growth for 2021 in the US is predicted at about 6% and 5% for Europe by Analysts and Economists. Growth firms hindered by inflation in terms of valuation, see dividend discount models for a refresher on equity valuation, and notice how increasing rates in the denominator diminish present values of price. 

As shown by Chris Rutherglen and Ritesh Jain, QE has worked for Japan. While Debt to GDP has soared to more than 200% of GDP, this ratio drops to 90% if one substracts what the debt the Bank of Japan holds on its balance sheet. Since BOJ remits interest received above their costs back to the Treasury, they are essentially zero-cost to the Government. It is not too far away from the concept of writing them off...This is a very tempting solution for the U.S and the Eurozone...

The G7 is a list of wealthy democracies comprising the UK, Canada, France, Germany, Italy, Japan and the United States. Are the current G7 nations are truly representative of the most economically powerful countries on the planet? The following infographic shows the eight largest economies by share of global GDP between 1980 and 2020. This year, China accounts for the largest share of global GDP, followed by the United States. Given its recent economic leaps and bounds, India comes in third, ahead of Japan and Germany. Russia, which was expelled from the G7 in 2014 following its annexation of Crimea, comes sixth. Indonesia rounds off the "real" G7...- source: Statista