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Charts of the Week
Midterm Probabilities
July 8, 2022
Both the political polls and betting markets currently point to a Republican sweep in the upcoming U.S. election.
Charts of the Week
Renting vs. Owning
July 8, 2022
For those unable to afford a 20% downpayment, the cost of renting is now cheaper than the cost of buying a house.
Charts of the Week
The Cost of Servicing U.S. Debt
July 8, 2022
For the last few decades we have been in a low interest rate environment where deficit spending would not cause major issues, however 40-year high inflation prompted the Fed to tighten monetary policy, raising rates fast by large sized hikes. Higher rates means the cost of US debt will quickly explode higher.
Charts of the Week
TradFi Yields vs. DeFi Yields
July 8, 2022
DeFi lending rates have moved lower as borrowing demand has subsided. As a result, Treasury yields are now higher than the yields offered by some of the biggest, most reliable DeFi protocols.
Charts of the Week
Updating Rate Hike Expectations
July 8, 2022
The speed at which the Fed is able to destroy wealth and demand via rate hikes and QT will play a large part in determining how fast inflation comes down.
Charts of the Week
Central Bank Balance Sheets Continue to Shrink
July 8, 2022
Updating the changes in central banks' balance sheets
Charts of the Week
A Long-Term Look at Electricity Generation
July 8, 2022
A long-term look at electricity generation
Charts of the Week
Weekly Research Roundup
July 8, 2022
Some interesting charts from our recent posts
Newsclips
Quick Comments/What We’re Reading
July 7, 2022
Today's topics include on inflation & crypto, no big surprises from the FOMC minutes, payroll preview - is good news bad news?, signs of a cooling rental market, the effects of pandemic stimulus for those in poverty, how does a 60/40 portfolio perform in different inflation regimes?, oil & recession, higher U.S. power costs feeding through industrials, metals' slide, and low liquidity lunchtime rallies.
Newsclips
Cartoons
July 7, 2022
Newsclips
Understanding Forward Curves
July 6, 2022
Forward curves tell us what is priced in and what is expected. But, they do not tell us what may actually happen.