Six-Chart Sunday (#9)

6 Infographics from the week + 1 interview (philanthropist, financier, visionary Mike Milken)

1. China Shock 2.0: “China’s attempts to offload any & every manufactured product at cut-rate prices, even at the expense of their companies’ own profit margins and the environment, will become a defining feature of the global economy of the 2020s. We should all brace ourselves.”

   Noahpinion
   is consistently great.

   

2. Democrats Dominating 2024 Buckraking: Democrats hold a substantial cash advantage over Republicans at virtually every level of national politics.

   

3. COVID School Closures Failed Kids: “Today, there is broad acknowledgment among many public health & education experts that extended school closures did not significantly stop the spread of Covid, while the academic harms for children have been large and long-lasting.” (NYT)

   

4. Spoiler Alerts: Even in a year when a majority of voters aren’t happy with their choices for President, third party Presidential candidates face substantial legal and structural barriers to appear on the ballot. Here’s where they’re on so far (538):

   

5. (Slow) Talking Their (Slow) Walking: Just as Congress passed substantially fewer public laws in 2023 than in any year since at least World War 2, there were substantially fewer debates & speeches on the floors of the House & Senate last year. (Reuters).

   

6. Beware Recency Bias: Even though the Fed kept interest rates unchanged in the past 3 Presidential election years, in modern times it has more often changed rates (eight times) than held them steady (five times). (Gavekal)

   

   VIDEO

   Mike Milken on the incredibly promising future of health innovation.

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