Is the global economy slowing? We look at four charts – lumber prices, iron ore prices, aluminium prices and the Baltic Dry index.
The U.S. fiscal deficit hit an annualized $1.06 trillion in 2018 but relatively speaking it isn’t that bad. The fiscal deficit had hit $1.5 trillion in 2009 in the aftermath of the financial crisis and the current level is the most since 2012.
U.S. corporations made a record $2.03 trillion in profits after taxes in 2018,
We wrote about three slightly different U.S. recession indicators that have been predictive of the past few recessions and have been tracking how near or far are those from being invoked, here’s where we are in March 2019,
The Federal Open Market Committee (FOMC) announced during the week that it had decided to maintain the target range for the federal funds between 2.25% to 2.5%.
Gross U.S. Federal Debt as percent of Gross Domestic Product (GDP) hit 105% in 2018, the highest since 1946.
The 1980s was the Japanese decade with Japanese companies being the most valuable ones in the world and Japan being at the centre of the global economic growth. But since the 1990s, Japan has struggled with growth and deflation.
The answer is different on how you look at it – in terms of absolute outstanding debt, growth rates and relative to GDP.
In absolute terms the total credit market or total debt outstanding of the U.S. which includes debt owed by the government (Federal and local), corporations and households stands at $72 trillion.
Household wealth (or household net worth) in the United States fell by a record $3.72 trillion in the fourth quarter of 2018. The fall in the stock markets would have probably been the largest contributor to the overall fall.
The Governing Council of the European Central Bank (ECB) expects the key ECB interest rates to remain at their present levels at least through the end of 2019.
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility are 0.00%, 0.25% and -0.40% respectively and these rates are expected to remain in place at least until the end of 2019.