Chartbook

Chartbook

Chartbook is a recurring newsletter that offers a mix of writing, data, visuals, helpful links, book suggestions, and more, all curated by Adam Tooze, a prominent voice in economics and history.

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Top Links 736 Mag7 and the DeepSeek shock. Alberta separtism and fossil power. And donning the "fachaleco".

3 days ago | adamtooze.substack.com | Adam Tooze

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Trump tariff uncertainty has been bad for US equity markets, but for the Mag7 the break came with DeepSeek:
Top Links 735 How long before the trade-stop hits? The new Dubai boom. Worries about bird flu and reinventing the hookah.

4 days ago | adamtooze.substack.com | Adam Tooze

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Aubrey Williams (1926-1990), Painting of the head and shoulders of a man (c.1979). Source: Tate ImagesAmerican firms have a few months of buffer in their stocks, but not much more than that.
Chartbook 383 World Economy Now. May 2025. Putting Trump's trade tantrum in its place.

5 days ago | adamtooze.substack.com | Adam Tooze

Where is the world economy now? What are the main economic stories to watch? Amidst all the daily hubbub of political commentary - to which I have myself enthusiastically contributed - I feel the need to locate the moment in a more basic way. This May 2025 issue of “World Economy Now”, is the first in what I hope will be a regular series, which will try to take bearings on the basic drivers of world economic and geoeconomic development.
Top Links 734 Globalization plateaus. Fears of a Mexican slump & a tale of fighter jets.

5 days ago | adamtooze.substack.com | Adam Tooze

Thank you for your support of Chartbook. Your generosity keeps this show on the road.
Top Links 733 Is China's real estate market turning the corner? Are the wealthy fleeing Britain? And why do wooden water towers stud the NYC skyline?

6 days ago | adamtooze.substack.com | Adam Tooze

Thank you for your support of Chartbook. Your generosity keeps this show on the road. More and more evidence that China’s battered real estate market is turning the corner.
Top Links 732 The US as a champion of services trade. Canadian oil sands. Stumbling robots & French drains.

1 week ago | adamtooze.substack.com | Adam Tooze

Thank you for your support of Chartbook. Your generosity keeps this show on the road. “Migrant: Studio Study VI,” 2020.Credit...Serge Alain Nitegeka and Marianne Boesky GallerySource: NY TimesFor an advanced economy like the UK, the US is far more important as a trading partner in services than in goods.
Chartbook 382 Glowing lava hardened into memory: The ends of Reinhart Koselleck's war.

1 week ago | adamtooze.substack.com | Adam Tooze

The end of World War II in Europe on the night of May 8-9th 1945 was experienced in different ways. It depended on the side you were on, on the place you were in, your nationality, gender, social class and age. Born in Görlitz Saxony in 1923, Reinhart Koselleck would later become a brilliant historian of the Enlightenment and the early 19th century, as well as preeminent theorist of history - some would say philosopher of history - of his generation in West Germany.
Chartbook

1 week ago | adamtooze.substack.com | Adam Tooze

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Top Links 731 The tariff threat to Christmas. LA's credit issues. Catholic eurocentrism and James Angelton's "wilderness of mirrors".

1 week ago | adamtooze.substack.com | Adam Tooze

Thank you for your support of Chartbook. Your generosity keeps this show on the road. Noah Davis (American, born 1983-2015). “Basic Training 1” (2008). Source: ArtforumTrump's tariff business is threatening to destroy America’s toy business. Call it the curse of Greenland!
Chartbook 381 Trumpite futurism Part 2: Taking Musk's "space junk" seriously.

1 week ago | adamtooze.substack.com | Adam Tooze

As Elon Musk’s period at the court of President Trump appears to be coming to an end, the gloating commentary will not be long in the waiting. Ed Luce at the FT sets the tone in typically fine style: What began with a chainsaw is ending in a whimper. Elon Musk’s looming exit from Washington brings the oddest chapter of Donald Trump’s presidency to an early close. By his own metrics, Musk’s so-called Department of Government Efficiency has failed. … Two Musk gains can be spotted in the rubble.

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