Charts of the Week
68% of GDP Is Due to Personal Consumption
September 23, 2022
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.
Almost 46% of FDIC deposits in the U.S. are uninsured.
U.S. equity net issuance expanded by $526 billion in the second quarter.
A long-term look at S&P 500's real total return
Some interesting charts from our recent posts
It is obvious now the global economy will experience slowing growth as central banks tighten monetary policy and consumer spending slows. As a result, we are starting to see earnings growth expectations turn lower.
Today's topics include the Fed's summary of economic projections, Powell finally admits housing must take a hit, Powell channeling his inner Volcker, understanding Fedspeak, Japan defends its currency, a weak yen, the tight labor market, higher borrowing costs spill over, and a copper squeeze coming?
Today's topics include Fed day is here, some hope from the copper/gold ratio?, the BoJ's line in the sand, real yields continue rising, Dimon pushes back on higher capital requirement, the 60/40 portfolio's prospects are not great, and dr. doom doing his thing
As hawkish talk continues, the forward curve is pricing in a higher terminal rate. This pushes up the 2-year yield. If the yield curve holds its current spread, the 10-year should also shift higher.
Today's topics include an eye on the Fed's SEP tomorrow, hikes & housing, shelter's effect on inflation, mortgage payments, bond trading is interesting again, where will the pain show?, decrease in Russian gas revenues, negative rates almost extinct, and has work fundamentally changed?