Markets
Comparing the Value of Credit in the U.S. to GDP
January 23, 2026
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.
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Funding Gaps at Public and Private Pensions
January 23, 2026
Private pension funds typically have much smaller funding gaps than their government counterparts.
Markets
Comparing Real Estate to GDP and Stock Ownership
January 23, 2026
Over the past couple decades, households' real estate equity and direct stock ownership have moved in lockstep.
Markets
Defined Benefit Plans vs. IRAs
January 23, 2026
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.
Markets
68% of GDP Is Due to Personal Consumption
January 23, 2026
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Markets
42% of FDIC Deposits Are Uninsured
January 23, 2026
Roughly 42% of FDIC deposits in the U.S. are uninsured.
Markets
Net Equity Issuance
January 23, 2026
U.S. equity net issuance rose by $1.3 trillion in the third quarter.
Financial News
What We’re Reading
January 22, 2026
Commentary & analysis of selected stories on January 22, 2026
Humor
Cartoons
January 22, 2026
Earnings
Q4 2025 Earnings Season Begins
January 21, 2026
As companies begin to report Q4 2025 earnings, the fear of economic headwinds due to political chaos appear to have been overblown in 2025.
Financial News
What We’re Reading
January 21, 2026
Commentary & analysis of selected stories on January 21, 2026
Humor
Cartoons
January 21, 2026