Charts of the Week
Over 68% of GDP Is Due to Personal Consumption
December 12, 2018
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.
Over 40% of FDIC deposits in the U.S. are uninsured.
U.S. companies issued a net $130 billion of equities in the third quarter. This comes on the heels of Q2's record when buybacks and M&A outpaced issuance of new shares by over $1 trillion.
Selected charts and excerpts from some of our research over the past week.
Moody's BAA yields since 1919
The fall in crude oil prices has wide ramifications for global growth and inflation expectations. If crude prices rebound, do we risk a whipsaw?
Deflationary fears are dangerously close to reviving on the heels of slowing global growth and tumbling commodity prices.
Energy inflation is falling fast, but it is still 3.18% higher than it was a year ago.
Today's topics include the odds of a recession, soybeans, stock valuations, more on earnings, T-bill yields, index fund managers are too big for comfort, ten possible "gray swans" in 2019, Trump vs the Fed, negative yielding debt, bitcoin and the crypto trading capital of the world.
Economists' forecasts are not following decelerating economic data. They remain near peak optimism. Are they paying attention?
This week's economic data releases have the potential to make or break the Fed's hopes to hike in 2019. U.S. economic data changes are beginning to fall below one-year average growth rates, fulfilling dramatically rising concerns over the path of the U.S. economy.