Charts of the Week
Strong Foreign Employment Growth Post-Pandemic
April 19, 2024
Since May 2020, foreign-born workers have accounted for over 36% of total employment growth in the United States. This is almost double their share of the labor force.
Since May 2020, foreign-born workers have accounted for over 36% of total employment growth in the United States. This is almost double their share of the labor force.
The fed funds market is currently pricing in two rate cuts by April 2025 and five rate cuts by April 2026.
The Fed's cumulative losses since September 7, 2022 now total roughly $164 billion.
Bernard Arnault has held the crown of world's richest for roughly a month now.
A long-term look at temperature anomalies since 1850
Some interesting charts from our recent posts
Today's topics include sticky inflation, wages vs. inflation, more Fedspeak confirming higher for longer, rate cut expectations, corporate net interest income, what is the proper level of bank reserves?, sentiment analysis on the beige book, the dollar, and the calls for 'no landing' grow
Today's topics include higher for longer is now the base case, central banks' 2% inflation target, economic growth around the world, managers shed bond exposure, market reaction to Middle East escalation, housing affordability, quantifying wealth by generation, and AI will require massive amounts of energy
The bond market is again tracking historic year-to-date losses. The global fund manager started the year with a record bullish position and is experiencing much pain. Stocks have begun to notice.
Today's topics include Treasury yields vs. dividend yields, tax payments drain the Reverse Repo Facility, Daly sees no urgency to cut rates, the latest Bank of America survey, when forecasts go wrong, shadow banking, checking in on Russian crude shipments, and the jump in electricity prices