U.S. Household Debt as % of GDP

U.S. Household Debt as % of GDP The COVID-19 pandemic led to a spike in U.S. household debt as a % of GDP. Image: BofA Global Research

U.S. Housing Starts and New One Family Houses

U.S. Housing Starts and New One Family Houses U.S. housing starts increased 11.8% in November. Usually, a continued downturn may signal a contraction of the economy. And historically, a decline in residential real estate has led several recessions. But housing is already in a slump and shouldn’t cause a recession.

Household Ownership of U.S. Equities

Household Ownership of U.S. Equities Household ownership of U.S. equities is increasing dramatically. Image: Goldman Sachs Global Investment Research