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June 21, 2021
Today's topics include markets' reaction to a hawkish tone, learning from inflation's past, the housing market, the tight labor market, shipping logjams continue, and the economics of crypto
Today's topics include markets' reaction to a hawkish tone, learning from inflation's past, the housing market, the tight labor market, shipping logjams continue, and the economics of crypto
Jim Bianco: UK cases are up 5x in the last month. Still at a low level from January but heading in the wrong direction. Mario has seen enough, he is now afraid of Carney’s summer holiday in Tuscany. So …. *ITALY INTRODUCES 5-DAY QUARANTINE FOR ARRIVALS FROM THE U.K. 45% of the UK’s population has… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – June 18th, 2021
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. Both are now at new highs.
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper
Private pension funds have much smaller funding gaps than their government counterparts.
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.
A home may be the biggest purchase most people make in their lives, but households' home equity is actually surpassed by households' direct stock ownership.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Almost 45% of FDIC deposits in the U.S. are uninsured.
U.S. equity issuance grew by a net $1.3 trillion in the fourth quarter.
A long-term look at crude oil