Post Tagged with: "finance charts"
Chart of the day: 2012 sovereign risk compression
Great data from Bespoke. Looks like Portugal is the odd man out as the only government in which its CDS spreads have widened this year
Chart of the day: Labor force participation rate at 30-year low
The jobs data were the best we have seen in a long time and well above expectations. This and the first upward revisions to the annual revisions were a pleasant surprise. While a lot of people are in disbelief because of a present bearish bias, you have to take the numbers for what they are and they are bullish. I still feel that the US economy is at stall speed and expect a second recession by the end of 2013 but I am prepared to upgrade my assessment based on how things proceed. That said, this is just one month’s data in a notoriously noisy month for employment data (See the premium post Jobless claims jump may be seasonality)
Chart of the Day: Government Deficits as Far as the Eye Can See
The chart below from the blog Pragmatic Capitalism shows the U.S. Federal government deficit for each quarter since 1952. As you can see, almost the entire period is marked by deficits
Chart of the Day: S&P500 Up 4.36% in January
Interesting couple of charts on the S&P500. The top shows the narrowing upward channel in which the index has traded since the beginning of the year relative to the wider medium-term channel. The collapse in volatility was the direct result of the massive liquidity injections of the ECB’s LTRO program, in our opinion
Chart of the Day: Permanent Zero and Personal Interest Income
If you are a retiree, you’re not happy these days. Five years ago, you were getting a decent return on your fixed income investments. But since then, the Fed has trashed the fixed income market by reducing interest rates to zero percent for “an extended period”. The thinking is that this will get people to take on more credit. But the reality is that a lot of people are stuffed to the gills with existing credit and are not creditworthy. The Fed is pushing on a string
Chart of the Day: Gold reacts to FOMC rate easing
The Fed has come out 9-1 in favor of rate easing i.e. capping medium-term treasury rates. The interesting bit is that while the Fed did the exact same thing in August out to two years, this announcement takes permanent zero out to nearly three years. That’s rate easing. Some people call it financial repression. And it’s gold bullish
Chart of the Day: Is Gold About to Get a Monetary Blast (Off)?
Watch gold as it pushes up against the downtrend line. Any hints from the Fed of QE3 could send it “to the Moon, Alice!” The Fed rejoining the party and the LTRO2 coming next month could be an explosive mix
Chart of the Day: Developed economies’ debt levels by sector
This is a great chart below via the Wall Street Journal. It shows the total debt to GDP ratios for the largest developed economies in the world broken down into four sectors: households, non-financial corporations, financial institutions and government
Chart of the Day: The Ultimate European Government Debt Chart
Check out the below graphic which shows General Government Deficit/Surplus as % of GDP on the Y axis, Government Debt as % of GDP on the X axis, and the Government Debt in Euros as the size of the bubble. Pretty cool!
Chart of the Day: U.S. Gasoline Consumption Tanks in 2011
A chart of gasoline consumption and oil prices for the years 2000-
Chart of the Day: Bank credit card fees induce big antitrust lawsuit
So why are these big name retailers suing the big banks. It’s this chart that appears to be the smoking gun. Credit card interchange fees are the highest by a large margin. Clearly those charges that go into the bank and credit card companies’ coffers are either absorbed by retailers or passed on to consumers
Chart of the Day: Greek workers work 48% more hours than Germans
While many will be initially surprised by the data, on reflection it makes intuitive sense. In crude terms, wealthier countries typically work smarter–more capital intensively–than poor countries, not longer