Charts of the Week
Breaking Down Household Debt by Age Group
August 28, 2019
People under 30 hold a relatively small amount of debt compared to other age groups. Student loans make up the largest portion of their debt.
People under 30 hold a relatively small amount of debt compared to other age groups. Student loans make up the largest portion of their debt.
The percentage of consumers with debt at a collection agency has fallen over the past couple years, although the average collection amount has risen over the same period.
Household debt broken down by delinquency status
Since the housing crash, mortgage originators have lent far less money to people with the riskiest credit scores.
The betting markets are akin to a real-time poll. We use them to show how the 2020 election is unfolding.
Select charts from our recent posts
After declining for almost 40 years, crude oil production in the U.S. is now on the rise thanks to the shale revolution.
For the first time ever, the fed funds rate is the highest rate in the developed world. The Fed has some explaining to do.
Today's topics include responses to Dudley's op-ed, gauging the odds of ECB stimulus, dividend yields outpace bond yields, fighting a potential recession as the dollar appreciates, betting against the pound, banks' payday via LIBOR transition, crude oil as a recession indicator, more on fiscal policy versus monetary policy and Camp Kotok.
Based on recent moves in S&P futures and fed funds futures, we assess how far stocks might need to fall before fed funds begin pricing in a 50 basis point cut at the September meeting.
Jim was on Bloomberg yesterday making the case for a continued rally in long bonds.