May 29, 2018

CHANGE: U.S. Leapfrogs Singapore, Hong Kong to Win World’s Most Competitive Economy. “The U.S. dethroned Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth and a supportive atmosphere for scientific and technological innovation, according to annual rankings by the Switzerland-based IMD World Competitiveness Center. . . . The renewed top ranking aligns with the positive U.S. growth narrative over the past year. Growth averaged 2.9 percent in the four quarters through March, versus 2 percent in the prior period.”

Weird. What could account for such a major leap?

Completely, totally, 100% unrelated: