Private Non-Financial Debt Service Ratios Relative To Income
Private Non-Financial Debt Service Ratios Relative To Income Lower interest rates make debt more sustainable. What matters is the debt service cost.
Private Non-Financial Debt Service Ratios Relative To Income Lower interest rates make debt more sustainable. What matters is the debt service cost.
Inequality – Contribution to the Saving Rate by Income Quintile in the U.S. The top 20% of households account for almost all the savings in the United States. Image: Goldman Sachs Global Investment Research
Share of IPOs with Positive Net Income in Year 1 The IPO class of 2019 is the least profitable of any year since the internet bubble. Image: Goldman Sachs Global Investment Research
U.S. Total Labor Income and Personal Consumption Expenditures U.S. total labor income growth is slowing down and tends to lead consumer spending. Image: Deutsche Bank Global Research
Inequality – Share of Population in Middle-Income Households and Annual Median Income The middle class is shrinking rapidly in the United States. It’s at the same level as China, Turkey and Russia. Image: Deutsche Bank Global Research
Asset Growth in Global ETF Fixed-Income The incredible rise of fixed-income exchange-traded funds puts pressure on banks. Image: Financial Times
Inequality – Monthly Income After Tax Minus Average Monthly Expenditures Greatest economy ever? Despite increasing wage growth and a low unemployment rate, half of the U.S. population spends more than their income. Image: Deutsche Bank Global Research
Breaking Down Income Inequality in the U.S. Income inequality in the U.S. worsens. This chart puts things into perspective. Image: howmuch.net
Inequality – Income Mobility Across Generations In the United States, it takes five generations for individuals born in low-income families to reach the mean income in society. In Danemark, it takes “only” two generations. Image: Deutsche Bank Global Research
U.S. Share of Global Investment-Grade Fixed-Income Yield With negative yields in Europe and Japan, the U.S. now accounts for 95% of the positive investment-grade yield. Image: Legg Mason
S&P 500 Operating EPS vs. USA National Income, Corporate Profits Thanks to buybacks, this chart clearly shows the current divergence. Is a new bubble being formed? Image: Nordea and Macrobond