Seeing Trends
ANALYTICS in the Data
PAGE
3
SOURCE: WORLD BANK
(MOST RECENT YEAR AVAILABLE)
U.S.
1.7% EUROPEANUNION CHINA3.8%
1.8%
BRAZIL
8.6%
BENIN
17.8%
MEXICO
1.2%
CANADA
1.5%
INDIA
5.8%
RUSSIA
3.6%
AUSTRALIA
0.9%
JAPAN
2.5%
S. KOREA
5.1%
0% 2%
N.A.
4% 6% 8% +
TARIFF RATE (APPLIED, WEIGHTED MEAN, ALL PRODUCTS)
TOP GREENHOUSE
GAS EMITTERS
Metric gigatons of
equivalent CO 2
CHINA
15
10
5
0
1990 2000 2010 ’
U.S.
EUROPE
INDIA
RUSSIA
–
2017
–
–
0
20
40
$60 billion
SOURCE: UNEP; 1 GIGATON = 1 BILLION TONS SOURCE: ICI
MONTHLY
TOTAL EQUITY
FUND FLOWS
FLOW INTO
EQUITIES
FLOW OUT
OF EQUITIES
2018 2019
CO 2 EMISSIONS:
A STARK WARNING
RETAIL INVESTORS
GROW CAUTIOUS
U.S. TARIFFS NEAR GLOBAL, HISTORIC LOWS
WHETHER THE CALM in trade hostilities be-
tween the U.S. and Beijing will hold or not, the
current tariffs imposed by the Trump adminis-
tration on Chinese goods are already being felt
by businesses and soon, by consumers. But
while China is the United States’ single big-
gest trading partner, neighbors Canada and
Mexico are a close second and third, and they
combine for more than $1.1 trillion in annual
trade. With NAFTA replacement USMCA enjoy-
ing bipartisan support, aggregate tariffs look
certain to remain around historic lows.
THE PLANET is in peril, and
the world’s largest econo-
mies need to take drastic
action to save it. That’s
the message of a recent
UN climate report, which
showed that greenhouse
gases continue to rise at
dangerous levels. For the
past decade, greenhouse
emissions rose 1.5% per
year. But to avoid a climate
disaster, the authors of the
UN report say, emissions
must fall 7.6% every year
for the next decade.
WALL STREET may be
reveling in a historic
bull market, but Main
Street investors are
being careful about
holding too much
stock when the next
recession hits. Money
from retail investors is
flowing out of equities
and into bond mutual
funds and ETFs as the
aging population, with
the last financial crisis
in mind, seek a safer
alternative.
9
GRAPHICS BY NICOLAS RAPP FORTUNE.COM // JANUARY 2020
