Global Debt as % of GDP

Global Debt as % of GDP Over the past 25 years, the global debt-to-GDP ratio has risen significantly, driven by major economic events like the 2008 financial crisis and the COVID-19 pandemic. Image: Deutsche Bank

U.S. Debt to GDP Ratio

U.S. Debt to GDP Ratio The projected surge in U.S. federal debt over the next three decades may adversely impact the economy, resulting in elevated interest payments, strained resources, and possible constraints on economic growth and government flexibility. Image: Deutsche Bank

Federal Debt Outstanding % GDP and Federal Interest Payments % GDP

Federal Debt Outstanding % GDP and Federal Interest Payments % GDP Recent interest rate cuts are easing federal interest expenses but raise concerns about long-term fiscal sustainability, as interest payments are expected to increase significantly in the future. Image: TS Lombard

U.S. Federal Debt Growth and Gold Price

U.S. Federal Debt Growth and Gold Price While the increase in U.S. federal debt has traditionally correlated with higher gold prices, multiple other factors significantly influence gold’s market value. Image: Deutsche Bank

GWIM Debt Holdings as % of AUM

GWIM Debt Holdings as % of AUM Bank of America’s private clients maintain a low debt allocation of 20%, which remains significantly below the average level. Image: BofA Global Investment Strategy

Emerging Market Debt + Equity Flows

Emerging Market Debt + Equity Flows The substantial inflows into emerging market assets highlight a robust interest from investors. Image: BofA Global Investment Strategy

U.S. Debt Held by Public as Share of GDP

U.S. Debt Held by Public as Share of GDP The anticipated increase in the U.S. federal debt by 2030 could potentially harm the economy, leading to higher interest payments, constrained resources, and potential limitations on growth and government responsiveness. Image: Deutsche Bank

U.S. Credit Card Debt Balances in Serious Delinquencies

U.S. Credit Card Debt Balances in Serious Delinquencies Despite the rise in U.S. credit card delinquencies, the economy remains strong. Currently, there are no strong indicators that point to an impending recession. Image: BofA Global Investment Strategy

Global Debt

Global Debt Global debt reached an all-time high of $313tn at the end of 2023, highlighting the challenges and potential risks associated with managing and servicing debt in both developed and developing economies. Image: BofA Global Investment Strategy

Ownership of Developed Markets Government Debt

Ownership of Developed Markets Government Debt Most U.S. government debt is owned domestically, while foreign investors hold a smaller but still significant portion. Image: BofA Global Investment Strategy

Margin Debt Expansion vs. Contraction

Margin Debt Expansion vs. Contraction Margin debt continues to rise, remaining below extreme levels. This reflects the optimism among market participants and has the potential to drive further upward momentum in U.S. stock prices. Image: Topdown Charts