by confoundedinterest17 If we look at the US Personal Consumption Expenditures Core Price Index YoY, “inflation” is a modest 1.41%. However, the largest item for households in typically housing. And housing is rising at over 10% YoY. Then we have S&P …
by howmuch The coronavirus pandemic is changing consumer habits in a lot of ways. In fact, according to recent surveys, people say they will use additional government stimulus payments to pay off personal debt. This got us thinking about how total …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In some cities, you get what is considered a walk-in closet of a McMansion. It’s not totally fair to compare rents in Tulsa with rents in San Francisco because household incomes are different as well. One …
by hopefullymovingon I have been living in a mentally unstable household with my grandparents for 12 years. My dad left and my mom could not find a house so she had to move in with her parents with me …
Originally posted at ExecSpec.net Corporate balance sheets are in excellent shape, but equally impressive is the net worth of the American household that grows virtually every single quarter year over year. During rare periods when it doesn’t expand, it typically coincides …
RT, Released on 3/12/19 A group of people from the San Agustin neighbourhood in Venezuela’s capital, Caracas, collected wastewater from the Guaire River for everyday use on Monday.
And would collapse the dollar in less than 2 years! According to a new report, Rep. Alexandria Ocasio-Cortez’s (D-N.Y.) Green New Deal could cost taxpayers as much as $93 trillion over 10 years. The American Action Forum, a center-right think …
via schiffgold: The national debt has pushed above the $22 trillion mark, but it’s not just Uncle Sam borrowing himself into oblivion. US household debt climbed to a record $13.54 trillion in the fourth quarter of 2018, according to a report released by the …
by Martin Armstrong The total global debt hit a record $184 trillion, which is the equivalent to more than $86,000 per person. That is actually more than double the average per-capita income. People ask me will our solution work? Can …
Merry Christmas: Federal Debt Up $1.37 Trillion Since Last Dec. 25; $10,743 Per Household (CNSNews.com) – The federal government has added another $1,370,760,684,441.54 to the debt since last December 25, according to numbers published by the U.S. Treasury. On Dec. 25, 2017, …
via calculatedriskblog: From the NY Fed: Total Household Debt Rises for 17th Straight Quarter The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased …
via visualcapitalist: View a high resolution version of this graphic. Inequality in America has become a major talking point in recent years. For many people though, the concept of inequality – the idea that wealth is spread very thinly at the lower end …
by Jesse Colombo Since 2009, the U.S. has been experiencing a household wealth boom due to soaring stock, housing, and bond prices. Unfortunately, this wealth boom is driven by cheap credit and asset bubbles just like the late-1990s and mid-2000s …
by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DpPfBzeWsAYAwaJ.jpg US Households have been holding a very high proportion of their wealth in equities — a level only once seen in 1968 and for several quarters in the late 1990s. Such a high exposure …
Every month for the last year, the Bureau of Labor Statistics’ wage data releases have continued to demonstrate that workers simply aren’t getting ahead. Despite some nominal growth, real wage growth has been consistently hovering around zero (rising at just a 0.2 percent annual rate from 2016-2017). At the same time, this year’s annual data release from …
by SSuke You can use this chart to determine where you stand in terms of wealth compared to others in the US. (Should be a bit more useful than comparing only 401K accounts.) Age (head) Average Wealth 99% (2013) 90% 80% 70% …
https://twitter.com/OccupyWisdom/status/1037953894045888512 https://twitter.com/OccupyWisdom/status/1037953856846614528 https://twitter.com/OccupyWisdom/status/1037953875607781376
via Fye_Maximus: Full Article Here I got the data on how much is required to buy a home in each state from from HowMuch.Net, Their analysis uses home price data from Zillow from April 2018, and then Zillow’s mortgage calculator to figure …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A deep dive based on the report by the Federal Highway Administration for 2017 compared to 2009. When I entered the auto industry in 1985, there was a lot of hand-wringing about the average age of …
from Zero Hedge Total household debt hit a new record high, rising by $82 billion to $13.29 trillion in Q2 of 2018, 3.5% higher than a year earlier according to the NY Fed’s latest household debt report. It was the 16th consecutive …
by stockboardasset The Australian household debt to income ratio has ballooned to shocking levels over the past three decades as Sydney is ranked as one of the most overvalued cities in the world. According to the Daily Mail Australia, credit card bills, home …
by Martin Armstrong I have been warning that Global Warming is profitable for governments. They paid these academics $1 billion to come up with dire forecasts that ignore nature, cycles, and history, all to justify taxing people that will never …
by howmuch We all know it costs money to make money, but is there a direct correlation between income and overall personal wealth? If there is, we would expect to see the relationship in our new visualization comparing accumulated wealth and …
by Jesse “In progressive societies the concentration [of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, …
Why U.S. Household Wealth Is In A Bubble – Part 1 Since the financial crisis in early-2009, household wealth has surged by nearly $46 trillion or 83 percent to a record $100.8 trillion. As the chart below shows, the powerful increase in …
via Steven Pearlstein, Analysis Let’s recall those heady days of 2006 when home prices were rising 10, 15, even 20 per cent a year, allowing millions of homeowners to refinance mortgages and collectively take out more than US$300 billion in cash …
As each progressively larger bubble (post 1995) inflates the imaginary net worth of households, real savings plummet. These metrics diverge the most right before the bubble bursting & resulting #recession ensues https://twitter.com/OccupyWisdom/status/1007699655948492801 do not look at this pic.twitter.com/pPo008WDOt — Alastair …
https://twitter.com/HenrikZeberg/status/1002555553388822528 Corporate debt to GDP is at its high point, all the while the underlying credit rating has continuously deteriorated. Another side affect of easy money. pic.twitter.com/f7vBGkVdiA — Michael Lebowitz, CFA (@michaellebowitz) May 31, 2018 dshort.com does some of the …
by visualcapitalist VISUALIZING SHIFTS IN INCOME, SAVINGS, DEBT, AND SPENDING The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Every year, Silicon Valley patiently waits for Mary Meeker from Kleiner Perkins to share her famous Internet Trends report. …
