Countries With the Highest Housing Bubble Risks Detecting and measuring asset bubbles is not always an easy task, but in many countries, housing prices are rising faster than rental rates. Image: Visual Capitalist
U.S. Net Worth by Wealth Bracket Another chart showing the wealth disparities before and after the Great Recession. Inequality: you may also like “Lower Incomes Paid the Highest Price.” Image: Axios
History of the Real Federal Minimum Wage Today, the real federal minimum wage is worth 31% less than in 1968. It is also the longest period without an increase (adjusted for inflation). You may also like “Wage Growth vs. U.S. Home Price Growth.” Image: Economic Policy Institute
Labor Costs Lead Core Inflation by 6 Months Historically, U.S. labor costs have been a good leading indicator of core inflation, because when labor costs rise, companies tend to increase their prices. Image: Legg Mason
Expected Fed Funds Rate as of June 20, 2019 Fed funds futures for January 2021 imply an expected rate of only 1.26% (traders are pricing in more than four full cuts). You may also like “Markets Have Accurately Priced in Cuts before Easing Cycles Begin.”
The Market is Almost Wrong about What the Fed Will Do Actually, the Fed decides when to raise rates. But the market decides when to cut rates: “Markets have accurately priced in cuts before easing cycles begin.” Keep in mind that rate cut expectations are highly predictive six months in advance. You may also like “Fed Policy…
Expected Fed Funds Rate as of June 1, 2019 Traders are pricing in two full cuts in the fed funds target before the end of 2019. Fed funds futures for January 2020 imply an expected rate of only 1.85%. Let’s hope the Fed gets the message from the market. You may also like “Markets Have…
The Fed Fund Futures Market Is Pricing Three Rate Cuts Over the Next 12 Months According to CME Group, the Fed fund futures market is pricing three rate cuts over the next 12 months. You may also like “Markets Have Accurately Priced in Cuts before Easing Cycles Begin“ Image: Bianco Research LLC
The Top Wealthiest Countries in 2018 The United States is the world’s largest wealth market with $60.7 trillion in 2018. Inequality: you may also like “Lower Incomes Paid the Highest Price.” Image: Visual Capitalist
Commodity Stock Index vs. Dow Jones Industrial Average since 1937 The chart shows that commodity stock prices have never been more depressed relative to the stock market. This Commodity Stock Index aligns with S&P North American Natural Resource Stock Index. Image: Goehring & Rozencwajg
“The Stock Market Is Filled with Individuals…” –Phillip Fisher Quote of the day: “The stock market is filled with individuals who know the price of everything, but the value of nothing.” –Phillip Fisher