U.S. Budget Deficit as a % of GDP The U.S. administration’s strong interest in rate cuts is largely driven by the need to make financing the enormous deficit more sustainable. By lowering rates, the government can reduce borrowing costs and ease the budgetary pressure. Image: Bloomberg
U.S. Labor Market – Multiple Jobholders, Primary and Secondary Jobs Full Time More Americans are taking on second jobs as the cost of living increases. Image: The Daily Shot
S&P 500 Operating Profit Margins U.S. profit margins have narrowed as corporate prices have become lower than labor costs. Image: BCA Research
Inflation – NYB Arabica Coffee A cup of coffee could cost more, as arabica coffee beans continue to rise. Image: The Daily Shot
CME’s Bitcoin Reference Price vs. Futures Only Return Buying Bitcoin via futures could be costly for long-term investors. Image: The Wall Street Journal
Inflation – Small Businesses’ Single Most Important Problem Inflation and cost of labor are affecting small businesses. Image: Arbor Research & Trading LLC
U.S. Fiscal Effects of Enacted and Proposed Legislation U.S. fiscal support is boosting growth at the cost of increased debt. Image: Goldman Sachs Global Investment Research
Fiscal Stimulus in the Major Economies U.S. fiscal stimulus is boosting growth at the cost of increased debt. Image: BofA Global Research
One-Year Correlation – Oil vs. U.S. Consumer Price Index (Inflation) When oil jumps in price, it tends to increase the cost of goods. Image: Morgan Stanley Wealth Management
U.S. Zombie Companies and Debt The cost of extended monetary easing: U.S. zombie companies have accumulated $1.4 trillion of debt. Image: Bloomberg
Emerging Markets Debt Yield The cost of servicing emerging markets debt denominated in U.S. dollars has fallen to almost 4%, thanks to global central bank liquidity and the weakening of the U.S. dollar. Image: Morgan Stanley Wealth Management