Search Results for: Fed

U.S. Federal Debt Held by the Public The Congressional Budget Office projects that the U.S. federal debt will double GDP by 2050. Image: BofA Global Investment Strategy

New York Fed GDP Nowcast The New York Fed’s GDP Nowcast stands at 5.05% for 2020:Q4. Image: Federal Reserve Bank of New York

Fed’s Balance Sheet Growth The growth of the Fed’s balance sheet has a good correlation with the S&P 500 since 2009. How will the U.S. stock market do the rest of the year? Image: Financial Times

Interest Rates – Fed Funds Futures Curve Markets do not expect negative rates in the United States. Image: The Daily Shot

KC Fed Labor Market Conditions Index and Recessions The KC Fed Labor Market Conditions Index is positive. Labor market conditions remain above their long-run average. Historically, a negative value is a necessary, but not sufficient requirement for recessions: it means that labor market conditions are below their long-run average.

U.S. Federal Debt A potential warning sign for the U.S. economy, as economic growth in Japan and Italy came to a halt after their debt-to-GDP ratios exceeded 100%. Image: Piper Sandler

Fed Balance Sheet Forecast To infinity and beyond? The Fed balance sheet could grow at a sustained pace to fill the “policy gap”. Image: Deutsche Bank

Fed Balance Sheet – Total Fed Assets and Projection To infinity and beyond? The Fed balance sheet is expected to grow at a sustained pace. Image: Goldman Sachs Global Investment Research

Fed Funds Future The Federal Reserve also sees near-zero interest rates lasting through 2022 to curb economic damage of the coronavirus. Image: Goldman Sachs Global Investment Research

Valuation – Nasdaq Internet Forward P/E vs. Total Fed Assets Chart suggesting the close relationship between the Nasdaq Internet forward P/E and total Fed assets. Image: Lohman Econometrics