S&P 500 Index Returns When Democrats Controlled the White House and Congress A Democratic sweep could mean faster economic recovery and should not scare markets. Image: LPL Financial LLC
U.S. Housing Starts and New One Family Houses U.S. housing starts rose 4.9% in October. 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.
Average Net Worth per U.S. Household U.S. household net worth is up, but wealth inequality remains. Image: BofA Global Research
Breakdown of Household Equity and Mutual Fund Ownership by Generation Baby boomers control a substantial proportion of the U.S. equity market. Image: Goldman Sachs Global Investment Research
Inequality – Breakdown of Household Equity and Mutual Fund Ownership by Wealth Percentile With the top 1% owning 53% of stocks, stock ownership has gotten very concentrated. Image: Goldman Sachs Global Investment Research
U.S. Household Net Worth to GDP Rich people are getting richer during the coronavirus pandemic. U.S. household net worth to GDP hit a new record high. Image: Morgan Stanley Research
U.S. Household Debt and Credit Aggregate household debt balances declined by $34bn and stand at $14.27tn. This is the first decline since 2014. Image: Federal Reserve Bank of New York
Estimated Share of Renter Households Facing a Rental Shortfall and Potential Eviction More than 40% of U.S. renters are at risk of eviction, as the Federal eviction moratorium has expired. Image: Statista
Composition of Household Total Assets Chinese households are under invested in equities, with only 7% of total assets compared to 32% for U.S. households. Image: Goldman Sachs Global Investment Research
Saving – Household Spending as % of Disposable Income and 10-Year Treasury Yield As the chart shows, lower yields force households to save more (hyper-globalization 2001-2020). This is a vicious cycle, as forced saving depresses demand. Image: BofA Research Investment Committee