“Applied International Economics – an analysis of current issues”

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“Applied International Economics – an analysis of current issues”
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Presentation transcript:

“Applied International Economics – an analysis of current issues” Course “Applied International Economics – an analysis of current issues” CLASS #3 21 February 2018

US. Federal Debt Deficit Projections

US. projected fiscal deficits

US. GDP and Debt By President

US. 10 yr treasury bond from 2000

US. Upcoming Treasury FLood

US. Treasury Bill, Net Supply

US. T-bill auction

US. Household Debt Rises by 116 Billion

Central banks have become the bond market

Early 19 is when global YoY “QE” turns negative (12m changes in balance sheets, in $bn)

“Credit Looks Expensive” SocGen

GaveKal. US nominal GDP and earnings from 2014

Total Global Credit-Market Debt Owed

US. output gap since 2006

US. recession trigger since 1975

US. Financial stress index St.Louis fed 2018-02-15

US. Financial stress index St.Louis fed 2018-02-15, from 2000

EZ. real per capita GDP since 2007. Conference Board

France. CAC 40 Index

NPLs in Europe 2017

US. Household debt since 2002

UK. consumer debt from 2000

US. Auto loans subprime delinquency 2017-q3

US. BB high-yield 2018-02-15 from 2010

US dollar index WSJ 2018-02-15

US. Loan Rate and Interest Payments from 2004

US. Equity vs bonds from 2008

US. Long-term drivers of economic growth

US. Labor force participation rate since 2006

US. Median household real income since 1985

US. Net worth to Disposable Y from 1950

US. Real average wages from 1970

US. U3 and CPI since 2007

US. UIG from 1996

US. wage share-of-income since 1950

US. wage-growth from 2008

US. wage-inequality since 1973

US Real-savings VS disposable income to 2018

United-states-productivity 2006 to 2016

Decline of labor productivity

Philips' curve