The amount of outstanding private credit in the U.S. experienced a brief decline during the financial crisis, but government debt grew throughout the entire period.
Private pension funds have much smaller funding gaps than their government counterparts.
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.
Over the past few quarters, households' real estate equity and direct stock ownership converged to similar levels.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Roughly 40% of FDIC deposits in the U.S. are uninsured.
U.S. equity net issuance shrunk by $74 billion in the second quarter.
Some interesting charts from our recent posts
Today's topics include more on yesterday's inflation release, higher for longer, a bond bear is spotted in the wild, the correlation between stocks & bonds, is this time different for the yield curve?, crude oil supply/demand, and asking for a friend: White House checks in on oil supplies.
Year-over-year CPI rose in August, as anticipated, as the base effect from year-ago numbers is no longer helping drive inflation lower. Now the difficult part of the battle against inflation begins.
Today's topics include higher for longer vs. data dependency, inflation-adjusted income fell for third straight year in 2022, sentiment in U.S. stocks, the retail crowd loves T-bills, more on bond market positioning, the basis trade, and Saudi oil cuts bring volatility.