Charts of the Week
68% of GDP Is Due to Personal Consumption
June 12, 2019
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.
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.
Over 40% of FDIC deposits in the U.S. are uninsured.
U.S. equity issuance shrunk by a net $683 billion in the first quarter, as buybacks and mergers outpaced IPOs.
Posts of interest from this past week
A look at the unemployment rate since 1890
This month, we check back in on the transitory factors that Powell mentioned in his May 1 presser.
Today's topics include the BOJ's problem, PIMCO on why a 50bp cut in July is possible, Trump vs the Fed, the trade war, CFOs expect a recession in 2020, unconventional monetary policy, crude oil falls, Venezuela's crude oil industry, climate change and financial markets, business cycles and 2019 internet trends.
Japanese growth is slowing, inflation expectations are falling and the Bank of Japan has few options, despite their insistence they have enough ammunition.
Jim Bianco discussed inflation expectations in a recent conference call.
Today's topics include the ECB's problem, Trump vs the Fed, global monetary policy, Fed mistakes vs market errors, tech stocks' hot streak, corporate cash levels, leveraged loans and small business optimism.