Charts of the Week
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.
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 typically have much smaller funding gaps than their government counterparts.
Over the past couple decades, households' real estate equity and direct stock ownership have moved in lockstep.
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Roughly 42% of FDIC deposits in the U.S. are uninsured.
U.S. equity net issuance rose by $1.3 trillion in the third quarter.
In the Markets segment of DoubleLine’s 2026 Round Table Prime, DoubleLine Deputy CIO Jeffrey Sherman moderates a discussion on how investors should interpret equity, fixed income and credit markets amid elevated valuations, structural shifts in market plumbing and changing Federal Reserve dynamics. The segment explores how policy expectations, sentiment and passive flows are increasingly shaping market outcomes independent of traditional fundamentals. The Best Ideas segment of DoubleLine’s 2026 Round Table Prime translates macro and market themes into portfolio positioning. Moderated by DoubleLine Deputy CIO Jeffrey Sherman, the discussion spans global equities, fixed income, commodities and real assets. Rather than focusing on a single trade, panelists emphasize diversification, liquidity and adaptability in navigating a volatile policy and economic environment.
Commentary & analysis of selected stories on January 22, 2026
Jim Bianco builds on this theme, focusing on population growth and immigration as underappreciated drivers of economic equilibrium and arguing that dramatic shifts in labor supply are reshaping job creation thresholds, productivity expectations and the Federal Reserve’s policy challenge in a post-COVID-19 economy.
As companies begin to report Q4 2025 earnings, the fear of economic headwinds due to political chaos appear to have been overblown in 2025.
Commentary & analysis of selected stories on January 21, 2026