Charts of the Week
Comparing Real Estate to GDP and Stock Ownership
December 18, 2020
A home may be the biggest purchase most people make in their lives, but households' home equity is actually comparable to households' direct stock ownership.
A home may be the biggest purchase most people make in their lives, but households' home equity is actually comparable to households' direct stock ownership.
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.
Over 44% of FDIC deposits in the U.S. are uninsured.
U.S. equity issuance grew by a net $906 billion in the third quarter.
A long-term look at interest rates and the P/E ratio of the S&P 500
Some charts from our recent posts
Betting markets still give Republicans a 68% chance of retaining the majority of the Senate. The polls have actually also turned in favor of Republicans now.
Today's topics include the Fed passes on WAM discussions, Powell says stocks are cheap, a historical comparison of stock rallies, the case against inflation, an unequal savings glut will lead to unequal spending, the curse of being added to an index, the return of dividends?, more on the delayed shift away from LIBOR, and bitcoin: to infinity & beyond
We fear the market may have to force the government's hand in reducing stimulus spending. A bad market reaction, perhaps in the form of a big rise in inflation caused by too much stimulus, would be one such scenario. If nothing "bad" happens, why would the government stop regularly mail checks to everyone?
The Fed now owns roughly 13% of the U.S. Treasury market. Foreigners are still the largest single owner, holding almost 30% of all Treasury securities.
Today's topics include previewing the FOMC meeting, bitcoin's real value, consumer spending, making sense of first-day IPO pops, bulls vs. bears, high inflation fears threatening bond rally, pound rallies on Brexit, betting on a dollar crash, and cancelling student debt