Data discoveries of the week. This week we compare India’s per capita income with respect to the world, especially China; look at the global income distribution; compare US & Canada’s stock performance with that of other nations and more.
- A four-decade comparison of India’s per capita income, its highs and lows. Then, another for China.
Plotting the same for china for reference. India share of per capita income is similar to China's in 2000 (similar to GDP study as well). In 1991, China per capita income was 7.5% of world PCI,in 2021 it is at 102% of world PCI
Growth is only mantra..
(Source data: World Bank) pic.twitter.com/B9k8jmzUTz
— Harish Krishnan,CFA (@hktg13) December 12, 2022
3. Find out where your income places you in the global distribution.
Throughout the 19th century, roughly 80% of the global population lived in what we’d now consider extreme poverty ?
This chart by VC Creator Program's @rubenbmathisen, highlights income distributions around the world ✅
Learn more:https://t.co/lvEuoxsGf6 pic.twitter.com/Yvhv3ndA4W
— Visual Capitalist (@VisualCap) December 10, 2022
4. UK recorded a new high for wholesale day-ahead electricity prices.
BREAKING: UK wholesale day-ahead electricity prices surge to a **record high** as cold, dry and calm weather cripples wind production and sends demand soaring.
On the EPEX platform, UK baseload for Monday clears at £674 per MWh, while evening peakload clears >£2,000 per MWh pic.twitter.com/yedcHeyah0
— Javier Blas (@JavierBlas) December 11, 2022
5. How megacities will drive metal demand & growth for Asia in the near future.
Urbanization drives metal demand, and megacities are leading the drive ?
This infographic takes a look at how the growth of megacities will drive metal demand well into the future:https://t.co/22RX4gYiLU pic.twitter.com/qByRApZmGT
— Elements (@VCElements) December 11, 2022
6. According to IMF, there’s been an overall reduction in debt ratio since 2020.
Update from the IMF shows debt as a share of GDP plunged in 2021 (yes, lagged data) by most in 7 decades … total public and private debt hit a record $235 trillion last year, but trend was better than 2020 when comparing to economic output pic.twitter.com/0SnnYX0zal
— Liz Ann Sonders (@LizAnnSonders) December 13, 2022
7. A look at the Y/Y performance of US/Canada stock markets vs the rest of the world this year.
International #StockMarkets – #Charts #Commentary https://t.co/AFV8PWCSMV #economy #construction #banking #business #developers #steel #lumber #cement #inflation #recession #ConstructConnx @ConstructConnx @DCN_Canada pic.twitter.com/jjpB4CQGJr
— Alex Carrick (@Alex_Carrick) December 12, 2022
8. NSE Growth touching the roof.
Interesting to see #NSE growing at those rates, even though part of the growth rate is cyclical!!
??? pic.twitter.com/Oi1u59YRiU
— Intrinsic Compounding (@soicfinance) December 11, 2022
9. Interest expense on US Public debt rose to a record high of $766 billion.
The Interest Expense on US Public Debt rose to $766 billion over the past year, a record high. If it continues to increase at the current pace it will soon be the largest line item in the Federal budget, surpassing Social Security. pic.twitter.com/XyK7AOP77k
— Charlie Bilello (@charliebilello) December 12, 2022
10. US Treasury Federal deficit at 5.3% of nominal GDP in November, up from 4.3% last month. The number stood at 10.8% in December 2021.
Federal deficit clocked in at 5.3% of nominal GDP in November, up from 4.3% in prior month … past few months have been choppy but trend has still been down considerably this year, given share was at 10.8% in December 2021 pic.twitter.com/aMAuRokOfT
— Liz Ann Sonders (@LizAnnSonders) December 13, 2022
11. Retail spending in the US sees no spike during the festive season this year, it has remained flat since June.
No wonder Amazon talking serious layoffs even before Christmas holiday was close to finished. Govt's estimates indicate it has become increasingly tough (relatively speaking) even for previously unstoppable non-store retailers. *Nominal* spending flat since June, lower in Nov. pic.twitter.com/nzjqizoxrT
— Jeffrey P. Snider (@JeffSnider_AIP) December 16, 2022
Interested in how we think about the markets?
Read more: Zen And The Art Of Investing
Start investing through a platform that brings goal planning and investing to your fingertips. Visit kuvera.in to discover Direct Plans and Fixed Deposits and start investing today.
#MutualFundSahiHai #KuveraSabseSahiHai! #PersonalFinance
