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juliencoudert.bsky.social
French fiduciary investment advisor. Economics, politics, science and finance. Amateur fullstack 💻, fiddler 🎻karateka 🥋 and father 4x🧒 https://kudueconomics.eu/
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US allies are bewildered at what the Trump administration is trying to achieve with its trade agenda — and even more concerned at what the ongoing uncertainty is doing to their own economies. Here’s how the US trade war is infecting the global economy: www.ft.com/content/14c3...

Je ne suis vraiment pas fait pour ce monde où les gens vivent dans des univers parallèles selon leur affiliation politique. Source : John Authers. www.bloomberg.com/opinion/news...

Recent surges in house prices have affected many — but not all — countries in the European Union

The Chinese goods Americans most rely on, from microwaves to Barbies https://www.ft.com/content/ec96e2ed-5dd6-4c6b-92a0-1b77bf517b36

Britain has the among the highest share of economic elites born abroad. And, contrary to stereotypes about London, the the lowest share born in the main city.

Per CNBC: White House is now saying EU will not be punished for their retaliation because it hadn't gone into effect yet. So they only get the 10% baseline tariff. That excuse just tells you in black and white how much they've contorted themselves in order to back the fuck off this poor strategy.

"As an indication of the mad-king dynamic at play, the new plan imposes a 20 percent tariff on the European Union in retaliation against the bloc’s value-added tax system—even though the VAT applies equally to imports and domestic goods and is therefore not a trade barrier at all.” -Jonathan Chait

Many countries are starting to see their oil demand be affected by the deployment of EVs. Below is the example of Norway where 96% of new cars sold are electric/hybrid. China oil demand seems to plateau too. This is how transitions start... www.bloomberg.com/news/newslet...

European countries use far less antibiotics in livestock than they used to

Alors, 2024 fut-elle l'année du grrrand retour de la gestion active en Europe ? Encore raté si l'on en croit les résultats de SPIVA à fin 2024. Sur 3, 5 et 10 ans, c'est encore et toujours la même débâcle collective 👉 www.spglobal.com/spdji/en/doc...

Global cereal production has grown much faster than population in the last half-century

A black day for European strategic autonomy and for the green economy. on.ft.com/43D3pMy

This was my column on Why Canada should join the EU, from the start of the year. Polling now shows nearly half of Canadians are in favour. While I think Canada *actually* becoming a member is still far-fetched, the two sides could aim for a much closer alliance. www.economist.com/europe/2025/...

"in 2023 found that gas sets the price of electricity 98% of the time in Britain, compared with a European average of 58%" --good summary of why electricity is so expensive in Britain and the problems that causes @economist.com www.economist.com/britain/2025...

The United States spends a lot more on healthcare per person than other G7 nations

Fund managers have said that Trump’s Make America Great Again agenda has instead unleashed a Make Europe Great Again trade that is reordering global financial markets. www.ft.com/content/2e81...

Inheritance flows are rising as a share of national output in many rich countries (The Economist)

This at least shows that "some" americans do understand how tariffs work...

The top 10% of earners now account for 50% of spending in the US, up from 40% in 1990. That means affordability problems will be slower to show up in spending numbers. It’s also, of course, evidence that American prosperity is increasingly unequally shared.

Good Night World

The Vanguard Effect in a nutshell: $5T swing from high-cost active to low-cost indexing over the past decade. One new wrinkle: Active in ETF format is starting to grab some real flows (thx to being low(er)-cost and in ETF form). via Eric Balchunas, Bloomberg

Excellent piece. Why Norway’s Political Crisis Is a European Energy Problem www.bloomberg.com/opinion/arti...

www.thirdway.org/report/renew...

This is a fundamental teaching about politics. People don't really care about about what main parties think they care about.

"J'ai appris à l'école que Pluton était une planète, et ce n'est plus le cas aujourd'hui!". J'entends souvent ça, c'est donc une opportunité de parler un peu de l'histoire de la planète naine Pluton et des objets aux confins du système solaire en général. Thread👇

Today’s show was my last at CNN. My closing message: It’s never a good time to bow down to a tyrant… don’t give in to the lies. Don’t give in to fear. Hold on to the truth… and hope.

À part pour l’ammoniac, le monde a probablement passé son pic de la pollution de l’air. ourworldindata.org/data-insight...

Under Trump, the market went up 66.5%. Under Biden, the market went up 57.9%. No one knows anything. Keep investing.