Charts of the Week
Roughly 68% of GDP Is Due to Personal Consumption
June 21, 2024
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Roughly 39% of FDIC deposits in the U.S. are uninsured.
U.S. equity net issuance rose by $469 billion in the first quarter.
A long-term look at global literacy rates
Some interesting charts from our recent posts
When economies suffer through a recession, they change. Evidence suggests this is what happened to the U.S. economy in 2020. Now inflation is the dominant force. Should the Fed ignore this and cut rates, spurring more inflation, the consequences could be devastating.
Today's topics include the government's income vs. spending, Nvidia becomes the world's most valuable company, your daily stories on stock market concentration, quantifying immigration's impact on the labor market, ETFs change the credit market, updating the shipping industry's Red Sea problem, have we reached peak consumer?, the Treasury market's round trip in 2024, and changes coming to the PBOC
pic.twitter.com/cYATHHIscL — DogeDesigner (@cb_doge) June 16, 2024
Today's topics include stocks & liquidity, are you ready for another round of debt ceiling drama?, El-Erian argues timing of first cut matters as much as terminal rate, higher rates present opportunity for active equity, Fed communication, gold as a global reserve, the rental market & inflation, and momentum trading
Consumer confidence came in much worse than expected last week. Democrats have soured on the economy as election hopes falter. Since so much of economic data is opinion surveys, like consumer confidence, economists will look at this data and conclude the economy is worsening when these surveys are actually political opinions, not economic ones.
Today's topics include an eye on France, Fedspeak confirms wait & see approach, volatility, quantifying the cost of high inflation, Gen Z's investing style, stock returns after the first rate cut, Gamestop, today's stories on stock market concentration, China's attempts to prop up its stock market, private credit, and the household vs. establishment employment surveys