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
Global Government Debt Global government debt has ballooned since the global financial crisis, reaching its highest level in peacetime. Image: Financial Times
U.S. Total Debt to GDP Ratio and Economic Growth by Cycle This nice chart clearly shows that U.S. GDP is weaker today than in the past, despite higher debt levels. Image: Real Investment Advice
Household Debt as a Proportion of GDP Household debt levels in China are equivalent to those in advanced economies. Image: The Wall Street Journal
U.S. Debt Ratios to GDP (Household, Corporate, Government) U.S. households remain far less in debt than during the Great Recession, but U.S. corporate debt continues to rise rapidly and has exceeded record levels . Image: Pictet Wealth Management
Debt and Demographics Our world is aging with high levels of debt and low interest rates (maybe for a long time). Image: Fidelity Investments
Is U.S. Household Debt a Problem? Not really, right now. Actually, the level of household debt alone does not tell an accurate picture of the current situation. However, U.S. household debt to GDP is much lower, U.S. household debt service payments as a percent of disposable personal income and U.S. household financial obligations as a percent…
Why We Should Not Be Afraid By China’s Debt? In China, there is a high level of savings and controls on capital outflows. Currently, most of the Chinese savings are lent or invested in China. So, China’s debt reflects the Chinese savings rate. It would be much more worrying if China’s debt led to external debt,…
U.S. Long-Term Budget Outlook Large budget deficits over the next 30 years could boost federal debt to unprecedented levels. Image: Congressional Budget Office
Valuation and Demographics Our world is aging with high levels of debt and low interest rates, maybe for a long time. The chart shows that an aging population affects yields. You may also like “Debt and Demographics.” Image: Fidelity Investments
