#China | Household debt rose to a record 59.7% of GDP in 2Q, more than doubling from 2009 – Bloomberg
*By comparison, the debt level has tapered off in the U.S. in the wake of the financial crisis, easing to about 75% as of March 30 from almost 100% a decade ago. pic.twitter.com/hKV2z2NQ1s— Christophe Barraud (@C_Barraud) August 14, 2020
It’s official.
New economy capex (software, tech eqp, r&d) is now more than half of all capex.
Tech will power the new expansion, creating jobs, raising productivity, and dampening inflation. #economics #economy #capex #GDP #tech #software #investment #recession #recovery pic.twitter.com/P78WqVnSHy
— Nancy R. Lazar (@NancyRLazar1) August 13, 2020
Traders have rarely been this bearish on the Dollar:
Large speculative Dollar net positioning is at the *lowest level in years*
This is a crucial risk for equities. A dollar rally could put significant pressure on stocks pic.twitter.com/MYjcs7Wkuu
— SentimenTrader (@sentimentrader) August 14, 2020
Building on the fantastic chart by @allstarcharts and the "Free Money" magazine cover:
Here are some other times when Rates were *THE* hot cover story.
With Bond Volatility also at record lows, is this a contrarian's dream trade (again)? Stay tuned…
Have a great weekend. pic.twitter.com/LtQzf894lS
— Macro Charts (@MacroCharts) August 14, 2020
Best chart of the day! pic.twitter.com/1zPEAZqklM
— Lance Roberts (@LanceRoberts) August 14, 2020