The percentage of consumers with debt at a collection agency has fallen over the past couple years, although the average collection amount has risen over the same period.... Read More
Household debt broken down by delinquency status... Read More
Since the housing crash, mortgage originators have lent far less money to people with the riskiest credit scores.... Read More
Why are U.S. yield plunging, the yield curve inverting and negative-yielding bonds increasing parabolically? World growth is not good.... Read More
American importers could soon be paying $100 billion in tariffs per year to the Treasury as the Chinese trade war heats up. This is a drop in the bucket of the Treasury's total income.... Read More
The range of Q2 GDP estimates is among the largest since 1997.... Read More
GDP is running above potential, which has been somewhat rare since 1980.... Read More
GDP trackers, or nowcasts, are largely on the same page regarding Q2 GDP growth for the first time in a long while.... Read More
A look at global GDP, broken down by country and region... Read More
The Fed finally admitted what has been evident for decades. Their theory to unify the dual mandate of high employment and low inflation no longer works.... Read More
While many in the U.S. hope the trade war could soon be resolved, the Chinese appear to be digging in for a longer confrontation. Expect the meeting this weekend to yield more talking. Risk markets will look at this bullishly.... Read More
There is a perception that real growth drives U.S. interest rates. Lately, U.S. yields have correlated more directly to world growth rather than U.S. growth.... Read More
Previously we compared GDP growth during different expansions on a nominal basis. How does each expansion compare on a real GDP and per capita real GDP basis?... Read More
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper.... Read More
A home may be the biggest purchase most people make in their lives, but households' stock ownership has actually surpassed home equity since the housing crash.... Read More
Personal consumption continues to make up a larger portion of U.S. GDP as time progresses.... Read More
Over 40% of FDIC deposits in the U.S. are uninsured.... Read More
Japanese growth is slowing, inflation expectations are falling and the Bank of Japan has few options, despite their insistence they have enough ammunition.... Read More
Eurozone growth is slowing, inflation expectations are de-anchoring, the financial system is under stress and the ECB has few options.... Read More