Central Bank Ownership of Domestic Government Debt

Central Bank Ownership of Domestic Government Debt This chart shows the rise of central banks as holders of sovereign debt, pushing sovereign yields to historically low levels. Image: Deutsche Bank Global Research

S&P 500 at 3000 and U.S. Government Spending as % of GDP

S&P 500 at 3000 and U.S. Government Spending as % of GDP According to BofA, maximum government spending, maximum liquidity and the current fiscal stimulus explain why the S&P 500 is at 3,000. Image: BofA Research Investment Committee