Today's topics include discussing market conditions, more on the BoJ's move, earnings disappointments conveys a warning signal, more bad news for big tech, geoeconomics, the central bank balancing act, China's COVID blunder, and what can we can we handle in 2023?
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper
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. Both are now at new highs.
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 couple quarters, households' real estate equity actually surpassed stock ownership.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Over 45% of FDIC deposits in the U.S. are uninsured.
U.S. equity net issuance expanded by $75 billion in the third quarter.
A long-term look at inflation adjusted gold prices
Some interesting charts from our recent posts