Charts of the Week
68% of GDP Is Due to Personal Consumption
March 18, 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 47% of FDIC deposits in the U.S. are uninsured.
U.S. equity net issuance shrank by a $630 billion in the fourth quarter.
A long-term look at wheat prices
Some interesting charts from our recent posts.
Chairman Powell made it clear yesterday that inflation, or price stability, is now the Fed's priority. Concerns over financial conditions will not stand in the way. Short-term debt pricing and the shape of the yield curve are reflecting this reality.
Today's topics include the Fed's summary of economic projections, understanding Fedspeak, energy traders call upon central banks for cash, onshore vs. offshore ruble prices, the nickel market, the side effect of work-from-home shift, more on Saudi Arabia's possible move away from dollar, the technicalities of Russia's bond payment, and COVID on the rise in western Europe
Jim Bianco: This will be the lead of today’s What We’re Reading in Newsclips. This is far and away the worst performing stock market going into a hiking campaign since the Fed started targeting the funds rate. Colleague: And this mth 2s+ 43bps, 5s +42, 10s+36 30s +35.5. Is everything priced in? Jim Bianco: Only… Continue reading Bespoke Commentary from Bianco Research & Arbor Data Science – March 16th, 2022
While U.S. stocks saw massive inflows from foreigners after central banks ramped up another round of QE in the wake of the pandemic, traders are now faced with a Fed tightening cycle and inflation running at its highest level in four decades.
Today's topics include today's big FOMC meeting, a rough start for the LME as it reopens nickel market, is the commodity market too big to fail?, Are price controls coming?, Raskin no longer being considered for Fed seat, China defends its stock market, hedge funds exit U.S. equities, stock pickers trailed their benchmarks for 12th straight year, Fitch weighs in on Russian default, Russia's gold reserves, and economics of blockchains