S&P 500 Cash Balances and Debt Levels

S&P 500 Cash Balances and Debt Levels During the past 12 months, non-financial S&P 500 cash balances have declined by -11% and debt levels have inflected higher by +9%. Image: Goldman Sachs Global Investment Research

GWIM Debt Holdings as % of AUM

GWIM Debt Holdings as % of AUM BofA’s private clients maintain a low debt allocation of 20%, remaining below the average level. 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

Global Government Debt

Global Government Debt Global government debt has skyrocketed since the global financial crisis, reaching its highest level in peacetime and posing significant challenges and vulnerabilities for governments and economies worldwide. Image: BofA Global Investment Strategy

U.S. Debt per Capita

U.S. Debt per Capita U.S. debt per capita is surging, reaching the current level of $82,000. Image: BofA Global Research

Ratio of General Government Gross Debt to GDP

Ratio of General Government Gross Debt to GDP At the global level, the measures taken by governments to respond to the impact of the coronavirus crisis amounted to $12 trillion. Image: CNBC