Today's topics include wIll there be a 'blue wave'?, too much shale, more options trading, energy demand, China's global trade, financing deficit spending, the future of transit, the retail mindset, the S&P and the election, small business optimism, higher treasury yields, and Chinese exports
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 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 $168 billion in the second quarter.
As of the end of 2019, unskilled labor made $22,360 per year.
Some charts from our recent posts