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We all know Nobel Prize Laureate Paul Krugman is a ladies man, as he says "real or fake its all the same with love and the markets, I'll get it anyway I can find it." |
Confidence is at historic lows, yet the Stock Markets are at historical highs,
why? FREE MONEY! (for the rich only)
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October
2007
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March
2013
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Dow Jones Industrial Average
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14164.5
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14164.5
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NYSE Average LTM Volume (per day)
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1300 million
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545 million
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Consumer Confidence
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99.5%
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69.6%
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Size of Fed's Balance Sheet
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$0.89 trillion
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$3.01 trillion
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US Debt as a Percentage of GDP
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38%
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74.2%
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GDP Growth
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+2.5%
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+1.6%
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US Deficit
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$97 billion
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$976 billion
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Total US Debt Oustanding
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$9 trillion
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$16.7 trillion
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Unfunded Liabilties
(social security, medicare, Medicaid)
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$70 trillion
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$123 Trillion
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Corporate profits are at all-time highs, but what about everyone
else?
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||
Corporate
Profits
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$1500 billion
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$1750 billion
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Median
Household income
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$55,039
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$49,000
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Real
Per Capita Income
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$28,949
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$26,000
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Americans Unemployed (in Labor Force):
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6.7 million
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13.2 million
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UNDERemployment Rate U-6
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8%
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14.5%
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Americans On Food Stamps
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26.9 million
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47.69 million
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Median Home Price
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$230,000
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$175,000
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US Poverty Rate
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$12.5%
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$16%
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What
about the rest of the US markets?
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10 Year Treasury Yield
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4.64%
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1.89%
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USD to JPY
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$1.17
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$0.93
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USD to AUD
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$1.12
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$0.97
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Regular Gas Price
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$2.75
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$3.73
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Money Velocity
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1.9
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1.55
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Gold
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$748
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$1583
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Silver
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$13.50
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$29.00
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