Thursday, January 2, 2014

Some fun facts to start 2014 -

Bonds experienced their first losing year since 1999 according to BAML research.

Stocks rose almost 30% and the Fed's balance sheet grew almost $1.1 trillion.

Stock prices rose 29% for the year.

The federal deficit shrank but total U.S. debt rose to over $18 trillion.

2014 is starting off with market prices at very different places than where they began 2013.

The 30-year fixed mortgage rate has risen from 3.35% to 4.48%.  (113 basis point increase)

The 10-year Treasury yield is up from 1.76% to 3.02%. (126 basis point increase)

The 5-year Treasury yield is up from 0.74% to 1.74%.

The 2-year yield is up from 0.26% to 0.38%.

The Census Bureau projected yesterday that the U.S. population will have grown to 317,287,938 as of January 1. That reflects a 0.7% YoY growth rate in 2013, the slowest rate of growth since the Great Depression according to research from the Brookings Institute.

No comments:

Post a Comment