U.S. Inflation since 2000

U.S. Inflation since 2000 U.S. households are more concerned about the rising cost of medical care and housing, than overall inflation. Image: Financial Times

Cumulative S&P 500 Buybacks 2009-2019

Cumulative S&P 500 Buybacks 2009-2019 Are buybacks driving the show? Thanks to tax cuts and low interest rates, corporate stock buybacks are booming. Over the past decade, S&P 500 companies bought back $5 trillion shares, while cumulative flows from households and foreigners are only a drop in the bucket. But what would happend if companies reinvested instead…

Who Is Buying U.S. Equities?

Who Is Buying U.S. Equities? The only buyer of US equities remains corporates, not households and institutions. Image: BofA Merrill Lynch Global Investment Strategy

Detecting and Measuring Asset Bubbles

Detecting and Measuring Asset Bubbles Detecting and measuring asset bubbles is not always an easy task. This chart puts into perspective the current U.S. households financial assets to GDP and the U.S. federal debt as percentage of GDP.

Who Owns the Equity Market?

Who Owns the Equity Market? Most of the equity market is owned by households and mutual funds. But ETFs and foreigners continue to gain share. Image: Bianco Research