As we continue to move through the new normal of our nation's economic malaise, here are some interesting data points to ponder upon:
1) household income levels - not positive
2) housing data - still a very wild ride
3) 10 year treasury yield chart for September - a lot of movement, a lot of volatility...FOMC trying to keep us on our toes!
2012 Household Income, August Housing Starts
• At An 18-Year Low, 2012 Real Median Household Income Was Below Levels Seen in 1968 through 1974
• 2012 Income Variance Hit Record High,Suggestive of Greater Financial and Economic Crises Ahead
• Systemic Instabilities That Led to 2008 Crisis Still Have to Be Worked Through
• Housing Starts Continued in Renewed Downturn or Stagnation
Median Incomes Have Increased In Just Two Of The Last 11 Years
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Some housing data:
Further housing gains require strong income growth from U.S. consumers, but with 11 million Americans seeking work, this growth is unlikely to materialize.
Further housing gains require strong income growth from U.S. consumers, but with 11 million Americans seeking work, this growth is unlikely to materialize.
And finally, what a ride we are on.......
Chart Of The Day
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