Why the Unemployment Rate to 3.6% in April 2019 Is Not So Great? Well, the unemployment level is the lowest since 1969, but when we compare the level of unemployment plus people not in the…
Proportion of U.S. Junk Bonds Maturing Within Four Years A third of the $1.2 trillion U.S. junk bonds matures in the next four years. This proportion is highest in decades. Image: Bloomberg
National Debt of the United States from 1934 to 2019 $22 trillion national debt number is huge. As a comparison, that’s more than the GDP of New Zealand, Singapore and Norway combined. Image: howmuch.net
Does the Sharing Economy Really Know How to Share? As Michael A. Gayed pointed out, “Amazing how companies that enable the “sharing economy” make no profit, isn’t it?” The question to ask, does the sharing…
After Yield-Curve Inversions, Bond Yields Show No Really Clear Pattern A yield curve inversion is a necessary condition for a recession, but after yield-curve inversions, bond yields show no really clear pattern. Image: MSCI
Concentration of Stock Ownership by Wealth Bracket As the chart shows, the top 20% wealthiest American households own over 93% of stocks. You may also like “How the Composition of Wealth Changes from the Middle…
Sustainability Generates Better Risk-Adjusted Performance Many large institutional asset owners have embraced sustainable investing. Image: Robeco
After Yield-Curve Inversions, Stocks Show No Clear Pattern A yield curve inversion is a necessary condition for a recession, but after yield-curve inversions, stocks show no clear pattern. Image: MSCI
30-Year Mortgage Rates vs. 10-Year Treasury Yield There is a very high correlation between the 30-year mortgage rates and the 10-year treasury yield 30-year mortgage rates = 1.739 x (10-year treasury yield)² + 0.7755 x…
US Long-Term Mortgage Rates Decline: 30-Year Average 4.10% & 15-Year Average 3.57% Why US long-term mortgage rates decline? Mortgage costs are influenced by the 10-year Treasury yield which was lower this week, because the trade war…
Income Shares of the Top 1% in Various Countries The richest 1% of Americans take 20% of national income, but the richest 1% of the Dutch people only 6%. Denmark and the Netherlands are the…