A great recap chart shows the trend and rate of change of U.S. manufacturing. COGS (costs of good sold) has been rising since 2016 as we also explore countries threatening retaliation on tariffs, a history of U.S. crude oil production back to the 20th century, commodities, and unemployment.
1. A nice recap of U.S. manufacturing.
Source: WSJ Daily Shot; As of 6/4/18
2. The costs of goods sold has been rising since 2016. If it continues, we should see higher prices (inflation) or reduced margins.
Source: WSJ Daily Shot; As of 6/3/18
3. Lesser use of tariffs, in recent history, have led to a weaker USD.
Source: WSJ Daily Shot; As of 5/23/18
4. Did anyone think our trading partners were going to do nothing in response to our tariffs?
Source: WSJ Daily Shot, As of 6/4/18
5. As we wrote in our tariff paper, not only do tariffs not work, they can have the exact opposite of the intended effect!
Source: WSJ Daily Shot; As of 5/30/18
6. Has European growth broken the uptrend?
Source: WSJ Daily Shot; As of 5/31/18
7. Yes, we like historical perspective.
Source: WSJ Daily Shot; As of 5/30/18
8. Mr. Robertson was right!
Source: WSJ Daily Shot; As of 5/29/18
9. What a difference one month can make!
Source: Thechartstore.com; As of 6/1/18
10. Despite USD strength, commodities are trying to break out to the upside.
Source: Thechartstore.com; As of 6/4/18
11. Same chart, longer view...for, you know, historical perspective.
Source: Thechartstore.com; As of 6/4/18
12. A longer term view of unemployment.
Source: Thechartstore.com; As of 5/25/18
Disclosure: The charts and info-graphics contained in this blog are typically based on data obtained from 3rd parties and are believed to be accurate. The commentary included is the opinion of the author and subject to change at any time. Any reference to specific securities or investments are for illustrative purposes only and are not intended as investment advice nor are a recommendation to take any action. Individual securities mentioned may be held in client accounts.
