99 datasets found
  1. U

    Inflation Data

    • dataverse.unc.edu
    • dataverse-staging.rdmc.unc.edu
    Updated Oct 9, 2022
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    UNC Dataverse (2022). Inflation Data [Dataset]. http://doi.org/10.15139/S3/QA4MPU
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    Dataset updated
    Oct 9, 2022
    Dataset provided by
    UNC Dataverse
    License

    CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
    License information was derived automatically

    Description

    This is not going to be an article or Op-Ed about Michael Jordan. Since 2009 we've been in the longest bull-market in history, that's 11 years and counting. However a few metrics like the stock market P/E, the call to put ratio and of course the Shiller P/E suggest a great crash is coming in-between the levels of 1929 and the dot.com bubble. Mean reversion historically is inevitable and the Fed's printing money experiment could end in disaster for the stock market in late 2021 or 2022. You can read Jeremy Grantham's Last Dance article here. You are likely well aware of Michael Burry's predicament as well. It's easier for you just to skim through two related videos on this topic of a stock market crash. Michael Burry's Warning see this YouTube. Jeremy Grantham's Warning See this YouTube. Typically when there is a major event in the world, there is a crash and then a bear market and a recovery that takes many many months. In March, 2020 that's not what we saw since the Fed did some astonishing things that means a liquidity sloth and the risk of a major inflation event. The pandemic represented the quickest decline of at least 30% in the history of the benchmark S&P 500, but the recovery was not correlated to anything but Fed intervention. Since the pandemic clearly isn't disappearing and many sectors such as travel, business travel, tourism and supply chain disruptions appear significantly disrupted - the so-called economic recovery isn't so great. And there's this little problem at the heart of global capitalism today, the stock market just keeps going up. Crashes and corrections typically occur frequently in a normal market. But the Fed liquidity and irresponsible printing of money is creating a scenario where normal behavior isn't occurring on the markets. According to data provided by market analytics firm Yardeni Research, the benchmark index has undergone 38 declines of at least 10% since the beginning of 1950. Since March, 2020 we've barely seen a down month. September, 2020 was flat-ish. The S&P 500 has more than doubled since those lows. Look at the angle of the curve: The S&P 500 was 735 at the low in 2009, so in this bull market alone it has gone up 6x in valuation. That's not a normal cycle and it could mean we are due for an epic correction. I have to agree with the analysts who claim that the long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. There is a complacency, buy-the dip frenzy and general meme environment to what BigTech can do in such an environment. The weight of Apple, Amazon, Alphabet, Microsoft, Facebook, Nvidia and Tesla together in the S&P and Nasdaq is approach a ridiculous weighting. When these stocks are seen both as growth, value and companies with unbeatable moats the entire dynamics of the stock market begin to break down. Check out FANG during the pandemic. BigTech is Seen as Bullet-Proof me valuations and a hysterical speculative behavior leads to even higher highs, even as 2020 offered many younger people an on-ramp into investing for the first time. Some analysts at JP Morgan are even saying that until retail investors stop charging into stocks, markets probably don’t have too much to worry about. Hedge funds with payment for order flows can predict exactly how these retail investors are behaving and monetize them. PFOF might even have to be banned by the SEC. The risk-on market theoretically just keeps going up until the Fed raises interest rates, which could be in 2023! For some context, we're more than 1.4 years removed from the bear-market bottom of the coronavirus crash and haven't had even a 5% correction in nine months. This is the most over-priced the market has likely ever been. At the night of the dot-com bubble the S&P 500 was only 1,400. Today it is 4,500, not so many years after. Clearly something is not quite right if you look at history and the P/E ratios. A market pumped with liquidity produces higher earnings with historically low interest rates, it's an environment where dangerous things can occur. In late 1997, as the S&P 500 passed its previous 1929 peak of 21x earnings, that seemed like a lot, but nothing compared to today. For some context, the S&P 500 Shiller P/E closed last week at 38.58, which is nearly a two-decade high. It's also well over double the average Shiller P/E of 16.84, dating back 151 years. So the stock market is likely around 2x over-valued. Try to think rationally about what this means for valuations today and your favorite stock prices, what should they be in historical terms? The S&P 500 is up 31% in the past year. It will likely hit 5,000 before a correction given the amount of added liquidity to the system and the QE the Fed is using that's like a huge abuse of MMT, or Modern Monetary Theory. This has also lent to bubbles in the housing market, crypto and even commodities like Gold with long-term global GDP meeting many headwinds in the years ahead due to a demographic shift of an ageing population and significant technological automation. So if you think that stocks or equities or ETFs are the best place to put your money in 2022, you might want to think again. The crash of the OTC and small-cap market since February 2021 has been quite an indication of what a correction looks like. According to the Motley Fool what happens after major downturns in the market historically speaking? In each of the previous four instances that the S&P 500's Shiller P/E shot above and sustained 30, the index lost anywhere from 20% to 89% of its value. So what's what we too are due for, reversion to the mean will be realistically brutal after the Fed's hyper-extreme intervention has run its course. Of course what the Fed stimulus has really done is simply allowed the 1% to get a whole lot richer to the point of wealth inequality spiraling out of control in the decades ahead leading us likely to a dystopia in an unfair and unequal version of BigTech capitalism. This has also led to a trend of short squeeze to these tech stocks, as shown in recent years' data. Of course the Fed has to say that's its done all of these things for the people, employment numbers and the labor market. Women in the workplace have been set behind likely 15 years in social progress due to the pandemic and the Fed's response. While the 89% lost during the Great Depression would be virtually impossible today thanks to ongoing intervention from the Federal Reserve and Capitol Hill, a correction of 20% to 50% would be pretty fair and simply return the curve back to a normal trajectory as interest rates going back up eventually in the 2023 to 2025 period. It's very unlikely the market has taken Fed tapering into account (priced-in), since the euphoria of a can't miss market just keeps pushing the markets higher. But all good things must come to an end. Earlier this month, the U.S. Bureau of Labor Statistics released inflation data from July. This report showed that the Consumer Price Index for All Urban Consumers rose 5.2% over the past 12 months. While the Fed and economists promise us this inflation is temporary, others are not so certain. As you print so much money, the money you have is worth less and certain goods cost more. Wage gains in some industries cannot be taken back, they are permanent - in the service sector like restaurants, hospitality and travel that have been among the hardest hit. The pandemic has led to a paradigm shift in the future of work, and that too is not temporary. The Great Resignation means white collar jobs with be more WFM than ever before, with a new software revolution, different transport and energy behaviors and so forth. Climate change alone could slow down global GDP in the 21st century. How can inflation be temporary when so many trends don't appear to be temporary? Sure the price of lumber or used-cars could be temporary, but a global chip shortage is exasperating the automobile sector. The stock market isn't even behaving like it cares about anything other than the Fed, and its $billions of dollars of buying bonds each month. Some central banks will start to taper about December, 2021 (like the European). However Delta could further mutate into a variant that makes the first generation of vaccines less effective. Such a macro event could be enough to trigger the correction we've been speaking about. So stay safe, and keep your money safe. The Last Dance of the 2009 bull market could feel especially more painful because we've been spoiled for so long in the markets. We can barely remember what March, 2020 felt like. Some people sold their life savings simply due to scare tactics by the likes of Bill Ackman. His scare tactics on CNBC won him likely hundreds of millions as the stock market tanked. Hedge funds further gamed the Reddit and Gamestop movement, orchestrating them and leading the new retail investors into meme speculation and a whole bunch of other unsavory things like options trading at such scale we've never seen before. It's not just inflation and higher interest rates, it's how absurdly high valuations have become. Still correlation does not imply causation. Just because inflation has picked up, it doesn't guarantee that stocks will head lower. Nevertheless, weaker buying power associated with higher inflation can't be overlooked as a potential negative for the U.S. economy and equities. The current S&P500 10-year P/E Ratio is 38.7. This is 97% above the modern-era market average of 19.6, putting the current P/E 2.5 standard deviations above the modern-era average. This is just math, folks. History is saying the stock market is 2x its true value. So why and who would be full on the market or an asset class like crypto that is mostly speculative in nature to begin with? Study the following on a historical basis, and due your own due diligence as to the health of the markets: Debt-to-GDP ratio Call to put ratio

  2. U

    United States FDI: Retail Trade

    • ceicdata.com
    Updated Nov 27, 2021
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    CEICdata.com (2021). United States FDI: Retail Trade [Dataset]. https://www.ceicdata.com/en/united-states/foreign-direct-investment-by-industry-naics-flow/fdi-retail-trade
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    Dataset updated
    Nov 27, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2021 - Sep 1, 2024
    Area covered
    United States
    Variables measured
    Foreign Investment
    Description

    United States (FDI) Foreign Direct Investment: Retail Trade data was reported at 6.061 USD bn in Dec 2024. This records an increase from the previous number of 4.114 USD bn for Sep 2024. United States (FDI) Foreign Direct Investment: Retail Trade data is updated quarterly, averaging 937.000 USD mn from Mar 1997 (Median) to Dec 2024, with 111 observations. The data reached an all-time high of 50.573 USD bn in Dec 2018 and a record low of -6.096 USD bn in Jun 2007. United States (FDI) Foreign Direct Investment: Retail Trade data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.O001: Foreign Direct Investment: by Industry: NAICS: Flow.

  3. C

    Czech Republic CZ: Foreign Direct Investment Financial Flows: Inward: USD:...

    • ceicdata.com
    Updated Jun 11, 2024
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    CEICdata.com (2024). Czech Republic CZ: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles [Dataset]. https://www.ceicdata.com/en/czech-republic/foreign-direct-investment-financial-flows-usd-by-industry-oecd-member-annual/cz-foreign-direct-investment-financial-flows-inward-usd-total-retail-trade-except-of-motor-vehicles-and-motorcycles
    Explore at:
    Dataset updated
    Jun 11, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2023
    Area covered
    Czechia
    Description

    Czech Republic CZ: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles data was reported at 496.964 USD mn in 2023. This records an increase from the previous number of 362.480 USD mn for 2022. Czech Republic CZ: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles data is updated yearly, averaging 314.093 USD mn from Dec 2013 (Median) to 2023, with 9 observations. The data reached an all-time high of 770.167 USD mn in 2020 and a record low of -373.376 USD mn in 2015. Czech Republic CZ: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Czech Republic – Table CZ.OECD.FDI: Foreign Direct Investment Financial Flows: USD: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is not applied in the recording of total inward and outward FDi transactions and positions. Such cases have never been observed. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the direct investor. Resident Special Purpose Entities (SPEs) do not exist or are not significant and are recorded as zero in the FDI database. Valuation method used for listed inward and outward equity positions: Own funds at book value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Inward FDI positions according to the ultimate counterparty (the ultimate investing country) are also available and publishable. In the dataset 'FDI statistics by parner country and by industry - Summary', inward FDI positions are showed according to the UIC. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions are allocated according to the activity of the non resident direct investment enterprise. Outward FDI positions are allocated according to the activity of the non resident direct investment enterprise. Statistical unit: Enterprise.

  4. T

    Turkey FDI: Flows: NACE 2: SE: Wholesales and Retail Trade

    • ceicdata.com
    Updated Aug 8, 2021
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    CEICdata.com (2021). Turkey FDI: Flows: NACE 2: SE: Wholesales and Retail Trade [Dataset]. https://www.ceicdata.com/en/turkey/foreign-direct-investment-flow-by-industry/fdi-flows-nace-2-se-wholesales-and-retail-trade
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    Dataset updated
    Aug 8, 2021
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2017 - May 1, 2018
    Area covered
    Turkey
    Variables measured
    Foreign Investment
    Description

    Turkey (FDI) Foreign Direct Investment: Flows: NACE 2: SE: Wholesales and Retail Trade data was reported at 47.000 USD mn in Oct 2018. This records an increase from the previous number of 43.000 USD mn for Sep 2018. Turkey (FDI) Foreign Direct Investment: Flows: NACE 2: SE: Wholesales and Retail Trade data is updated monthly, averaging 22.000 USD mn from Jan 2005 (Median) to Oct 2018, with 166 observations. The data reached an all-time high of 1.270 USD bn in May 2008 and a record low of 1.000 USD mn in May 2007. Turkey (FDI) Foreign Direct Investment: Flows: NACE 2: SE: Wholesales and Retail Trade data remains active status in CEIC and is reported by Central Bank of the Republic of Turkey. The data is categorized under Global Database’s Turkey – Table TR.O001: Foreign Direct Investment: Flow: by Industry.

  5. m

    Jackson Financial Inc - Free-Cash-Flow-To-The-Firm

    • macro-rankings.com
    csv, excel
    Updated Nov 7, 2025
    + more versions
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    macro-rankings (2025). Jackson Financial Inc - Free-Cash-Flow-To-The-Firm [Dataset]. https://www.macro-rankings.com/markets/stocks/jxn-nyse/cashflow-statement/free-cash-flow-to-the-firm
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    excel, csvAvailable download formats
    Dataset updated
    Nov 7, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    united states
    Description

    Free-Cash-Flow-To-The-Firm Time Series for Jackson Financial Inc. Jackson Financial Inc., through its subsidiaries, provides suite of annuities to retail investors in the United States. It operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions. Its Institutional Products segment provides traditional guaranteed investment contracts; funding agreements comprising agreements issued in conjunction with its participation in the U.S. federal home loan bank program; and medium-term funding agreement-backed notes. The Closed Life and Annuity Blocks segment offers various protection products, such as whole life, universal life, variable universal life, and term life insurance products, as well as fixed, fixed index, and payout annuities; and a block of group payout annuities. It also provides investment management services. It sells its products through a distribution network that includes independent broker-dealers, wirehouses, regional broker-dealers, banks, independent registered investment advisors, third-party platforms, and insurance agents. The company was formerly known as Brooke (Holdco1) Inc. and changed its name to Jackson Financial Inc. in July 2020. Jackson Financial Inc. was incorporated in 2006 and is headquartered in Lansing, Michigan.

  6. L

    Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: USD:...

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles [Dataset]. https://www.ceicdata.com/en/luxembourg/foreign-direct-investment-financial-flows-usd-by-industry-oecd-member-annual/lu-foreign-direct-investment-financial-flows-inward-usd-total-retail-trade-except-of-motor-vehicles-and-motorcycles
    Explore at:
    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2023
    Area covered
    Luxembourg
    Description

    Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles data was reported at 872.621 USD mn in 2023. This records an increase from the previous number of 473.236 USD mn for 2022. Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles data is updated yearly, averaging 217.160 USD mn from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 2.096 USD bn in 2019 and a record low of -1.508 USD bn in 2020. Luxembourg LU: Foreign Direct Investment Financial Flows: Inward: USD: Total: Retail Trade, Except of Motor Vehicles and Motorcycles data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Luxembourg – Table LU.OECD.FDI: Foreign Direct Investment Financial Flows: USD: by Industry: OECD Member: Annual. Reverse investment: Netting of reverse investment in equity (when a direct investment enterprise acquires less than 10% equity ownership in its parent) and reverse investment in debt (when a direct investment enterprise extends a loan to its parent) is applied in the recording of total inward and outward FDI transactions and positions. Treatment of debt FDI transactions and positions between fellow enterprises: directional basis according to the residency of the ultimate controlling parent (extended directional principle). FDI transactions and positions by partner country and/or by industry are available excluding and including resident Special Purpose Entities (SPEs). The dataset 'FDI statistics by parner country and by industry - Summary' contains series including resident SPEs only. Valuation method used for listed inward and outward equity positions: Market value. Valuation method used for unlisted inward and outward equity positions: Own funds at book value. Valuation method used for inward and outward debt positions: Market value, Nominal value.; FDI statistics are available by geographic allocation, vis-à-vis single partner countries worldwide and geographical and economic zones aggregates. Partner country allocation can be subject to confidentiality restrictions. Geographic allocation of inward and outward FDI transactions and positions is according to the immediate counterparty. Intercompany debt between related financial intermediaries, including permanent debt, are excluded from FDI transactions and positions. Direct investment relationships are identified according to the criteria of the Framework for Direct Investment Relationships (FDIR) method. Debt between fellow enterprises are completely covered. Collective investment institutions are not covered as direct investment enterprises. FDI statistics are available by industry sectors according to ISIC4 classification. Industry sector allocation can be subject to confidentiality restrictions. Inward FDI transactions and positions are allocated to the activity of the resident direct investment enterprise. Outward FDI transactions and positions are allocated according to the activity of the resident direct investor. Statistical unit: Enterprise.

  7. I

    India Mutual Fund Industry Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 26, 2025
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    Market Report Analytics (2025). India Mutual Fund Industry Report [Dataset]. https://www.marketreportanalytics.com/reports/india-mutual-fund-industry-99708
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Apr 26, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    India
    Variables measured
    Market Size
    Description

    The Indian mutual fund industry is experiencing robust growth, projected to reach a market size of ₹660 billion (approximately $80 billion USD) by 2025, based on the provided market size of 0.66 billion (assuming the unit is in billion USD). This represents a Compound Annual Growth Rate (CAGR) exceeding 18% from 2019 to 2033, driven by several key factors. Increased financial literacy among retail investors, coupled with government initiatives promoting financial inclusion, are significantly boosting participation. The rising middle class with disposable income is seeking avenues for wealth creation and diversification, leading to higher investment in mutual funds. Furthermore, the introduction of innovative products like ETFs and FoFs, catering to diverse risk appetites and investment goals, fuels the growth trajectory. The industry's growth is also propelled by the strong performance of the Indian equity market, attracting both domestic and foreign institutional investors (FIIs/FPIs). However, certain challenges persist. Regulatory changes and market volatility can impact investor sentiment and investment flows. Competition among major players like SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, and others, necessitates continuous innovation and customer-centric strategies. While debt-oriented schemes remain popular for conservative investors, equity-oriented schemes are attracting a growing share of investments, indicating a shift toward higher risk-reward profiles. The industry needs to address concerns regarding transparency and investor education to ensure sustained growth and build trust. The dominance of a few large players also presents both opportunities and challenges for smaller firms to gain market share. Successfully navigating these dynamics will be crucial for sustained growth within the Indian mutual fund landscape. Recent developments include: April 2023: ICICI Prudential Mutual Fund announced the launch of ICICI Prudential Innovation Fund. This open-ended thematic equity scheme will predominantly invest in equity, equity-related securities of companies, and units of global mutual funds/ETFs that can benefit from innovation strategies and themes., April 2023: HDFC Mutual Fund launched three index schemes – HDFC S&P BSE 500 Index Fund, HDFC NIFTY Midcap 150 Index Fund, and HDFC NIFTY Smallcap 250 Index Fund. These are open-ended schemes replicating/tracking the S&P BSE 500, NIFTY Midcap 150 Index, and NIFTY Smallcap 250 Index, respectively.. Key drivers for this market are: Economic Growth and Investor Awareness. Potential restraints include: Economic Growth and Investor Awareness. Notable trends are: Hike in Mutual Fund Assets is Driving the Market.

  8. i

    USA Retail Market Report

    • imrmarketreports.com
    Updated Feb 2025
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    Swati Kalagate; Akshay Patil; Vishal Kumbhar (2025). USA Retail Market Report [Dataset]. https://www.imrmarketreports.com/reports/usa-retail-market
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    Dataset updated
    Feb 2025
    Dataset provided by
    IMR Market Reports
    Authors
    Swati Kalagate; Akshay Patil; Vishal Kumbhar
    License

    https://www.imrmarketreports.com/privacy-policy/https://www.imrmarketreports.com/privacy-policy/

    Area covered
    United States
    Description

    The USA Retail report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

  9. D

    Dual Currency Deposits Market Research Report 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 30, 2025
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    Dataintelo (2025). Dual Currency Deposits Market Research Report 2033 [Dataset]. https://dataintelo.com/report/dual-currency-deposits-market
    Explore at:
    pdf, pptx, csvAvailable download formats
    Dataset updated
    Sep 30, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Dual Currency Deposits Market Outlook



    According to our latest research, the global dual currency deposits market size in 2024 stands at USD 186.2 billion, reflecting a robust and expanding financial product segment that continues to attract both retail and institutional investors. The market is experiencing a compound annual growth rate (CAGR) of 7.1% and is projected to reach USD 342.7 billion by 2033. This growth is primarily driven by increasing demand for higher-yield investment alternatives in a low-interest rate environment, as well as the expanding sophistication of global investors seeking to optimize returns through currency exposure and structured financial products.




    One of the principal growth factors fueling the dual currency deposits market is the persistent search for yield among investors. In the current macroeconomic landscape, characterized by prolonged periods of low or even negative interest rates in many developed economies, traditional savings and fixed deposits often fail to deliver attractive returns. Dual currency deposits offer a compelling alternative, providing enhanced yields by leveraging currency movements and structured product designs. This has significantly increased their appeal to both individual and institutional investors, particularly in regions with advanced financial markets such as North America, Europe, and parts of Asia Pacific. The growing awareness and understanding of these products, coupled with broader financial literacy initiatives, are further accelerating adoption rates globally.




    The rapid digital transformation of the banking and financial services sector is another critical driver of growth in the dual currency deposits market. The proliferation of online platforms and fintech innovations has made it easier for investors to access, compare, and transact in dual currency deposit products. Digital onboarding, user-friendly interfaces, and real-time market data have democratized access to these sophisticated instruments, enabling a broader base of investors—including those in emerging markets—to participate. Additionally, digital distribution channels have enabled banks and financial institutions to offer more customized and flexible dual currency deposit products, catering to the diverse risk appetites and investment goals of their clients.




    Regulatory evolution and increasing integration of global financial markets also play a pivotal role in shaping the dual currency deposits market. Regulatory bodies in major financial centers are continually adapting frameworks to enhance transparency, mitigate risks, and foster innovation in structured products, including dual currency deposits. This has led to greater standardization and investor protection, which in turn boosts confidence and encourages participation from both retail and institutional segments. Moreover, the globalization of trade and investment flows has heightened the need for currency risk management solutions, further underpinning demand for dual currency deposits among corporates and financial institutions with significant cross-border exposures.




    Regionally, the Asia Pacific market stands out as a dynamic growth engine for dual currency deposits, driven by the rapid expansion of wealth, increasing cross-border trade, and evolving investor preferences. China, Hong Kong, Singapore, and Japan are particularly prominent, given their sophisticated financial infrastructures and deep pools of investable assets. North America and Europe also remain critical markets, benefiting from mature investor bases and advanced regulatory ecosystems. Meanwhile, the Middle East & Africa and Latin America are witnessing rising interest, supported by financial sector reforms and increasing participation in global trade. This regional diversity not only broadens the market’s reach but also enhances its resilience against localized economic shocks.



    Product Type Analysis



    The dual currency deposits market is segmented by product type into structured dual currency deposits, flexible dual currency deposits, and fixed dual currency deposits. Structured dual currency deposits have gained significant traction due to their tailored risk-return profiles, which are designed to meet specific investor objectives. These products typically incorporate options or other derivatives to provide enhanced yields, often linked to the performance of foreign exchange rates. Investors are attract

  10. m

    Federal Realty Investment Trust - End-Period-Cash-Flow

    • macro-rankings.com
    csv, excel
    Updated Oct 17, 2025
    + more versions
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    macro-rankings (2025). Federal Realty Investment Trust - End-Period-Cash-Flow [Dataset]. https://www.macro-rankings.com/markets/stocks/frt-nyse/cashflow-statement/end-period-cash-flow
    Explore at:
    excel, csvAvailable download formats
    Dataset updated
    Oct 17, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    united states
    Description

    End-Period-Cash-Flow Time Series for Federal Realty Investment Trust. Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets and select underserved regions with strong economic and demographic fundamentals. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply. This includes a portfolio of open-air shopping centers and mixed-use destinations"such as Santana Row, Pike & Rose and Assembly Row"which together reflect the company's ability to create distinctive, high-performing environments that serve as vibrant destinations for their communities. Federal Realty's 102 properties include approximately 3,500 tenants in 27 million commercial square feet, and approximately 3,000 residential units. Federal Realty has increased its quarterly dividends to its shareholders for 58 consecutive years, the longest record in the REIT industry. The company is an S&P 500 index member, and its shares are traded on the NYSE under the symbol FRT.

  11. m

    JPMorgan Chase & Co - Free-Cash-Flow-To-The-Firm

    • macro-rankings.com
    csv, excel
    Updated Sep 20, 2025
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    macro-rankings (2025). JPMorgan Chase & Co - Free-Cash-Flow-To-The-Firm [Dataset]. https://www.macro-rankings.com/markets/stocks/jpm-nyse/cashflow-statement/free-cash-flow-to-the-firm
    Explore at:
    excel, csvAvailable download formats
    Dataset updated
    Sep 20, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    united states
    Description

    Free-Cash-Flow-To-The-Firm Time Series for JPMorgan Chase & Co. JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through three segments: Consumer & Community Banking, Commercial & Investment Bank, and Asset & Wealth Management. The company offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. It also provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research, as well as offers securities services, including custody, fund services, liquidity, and trading services, and data solutions products. In addition, the company provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and municipalities, as well as commercial real estate clients. Further, it offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. The company was founded in 1799 and is headquartered in New York, New York.

  12. Share of Americans investing money in the stock market 1999-2025

    • statista.com
    Updated Nov 19, 2025
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    Statista (2025). Share of Americans investing money in the stock market 1999-2025 [Dataset]. https://www.statista.com/statistics/270034/percentage-of-us-adults-to-have-money-invested-in-the-stock-market/
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    Dataset updated
    Nov 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    1999 - 2025
    Area covered
    United States
    Description

    In 2025, ** percent of adults in the United States invested in the stock market. This figure has remained steady over the last few years and is still below the levels before the Great Recession, when it peaked in 2007 at ** percent. What is the stock market? The stock market can be defined as a group of stock exchanges where investors can buy shares in a publicly traded company. In more recent years, it is estimated an increasing number of Americans are using neobrokers, making stock trading more accessible to investors. Other investments A significant number of people think stocks and bonds are the safest investments, while others point to real estate, gold, bonds, or a savings account. Since witnessing the significant one-day losses in the stock market during the financial crisis, many investors were turning towards these alternatives in hopes for more stability, particularly for investments with longer maturities. This could explain the decrease in this statistic since 2007. Nevertheless, some speculators enjoy chasing the short-run fluctuations, and others see value in choosing particular stocks.

  13. y

    US Investor Sentiment, % Bull-Bear Spread

    • ycharts.com
    html
    Updated Nov 21, 2025
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    The American Association of Individual Investors (2025). US Investor Sentiment, % Bull-Bear Spread [Dataset]. https://ycharts.com/indicators/us_investor_sentiment_bull_bear_spread
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    htmlAvailable download formats
    Dataset updated
    Nov 21, 2025
    Dataset provided by
    YCharts
    Authors
    The American Association of Individual Investors
    License

    https://www.ycharts.com/termshttps://www.ycharts.com/terms

    Time period covered
    Jul 24, 1987 - Nov 20, 2025
    Area covered
    United States
    Variables measured
    US Investor Sentiment, % Bull-Bear Spread
    Description

    View weekly updates and historical trends for US Investor Sentiment, % Bull-Bear Spread. from United States. Source: The American Association of Individua…

  14. Z

    Zambia Foreign Direct Investment: Flow: Wholesale & Retail Trade

    • ceicdata.com
    Updated Dec 15, 2018
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    CEICdata.com (2018). Zambia Foreign Direct Investment: Flow: Wholesale & Retail Trade [Dataset]. https://www.ceicdata.com/en/zambia/foreign-direct-investment-by-industry/foreign-direct-investment-flow-wholesale--retail-trade
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    Dataset updated
    Dec 15, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2014 - Dec 1, 2016
    Area covered
    Zambia
    Description

    Zambia Foreign Direct Investment: Flow: Wholesale & Retail Trade data was reported at 74.900 USD mn in Dec 2016. This records an increase from the previous number of 9.200 USD mn for Jun 2016. Zambia Foreign Direct Investment: Flow: Wholesale & Retail Trade data is updated quarterly, averaging 14.600 USD mn from Dec 2014 (Median) to Dec 2016, with 7 observations. The data reached an all-time high of 225.000 USD mn in Dec 2014 and a record low of -161.500 USD mn in Mar 2015. Zambia Foreign Direct Investment: Flow: Wholesale & Retail Trade data remains active status in CEIC and is reported by Bank of Zambia. The data is categorized under Global Database’s Zambia – Table ZM.O002: Foreign Direct Investment: by Industry.

  15. m

    Mitsubishi UFJ Financial Group Inc - Free-Cash-Flow-To-Equity

    • macro-rankings.com
    csv, excel
    Updated Aug 10, 2025
    + more versions
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    macro-rankings (2025). Mitsubishi UFJ Financial Group Inc - Free-Cash-Flow-To-Equity [Dataset]. https://www.macro-rankings.com/Markets/Stocks/8306-TSE/Cashflow-Statement/Free-Cash-Flow-To-Equity
    Explore at:
    csv, excelAvailable download formats
    Dataset updated
    Aug 10, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    japan
    Description

    Free-Cash-Flow-To-Equity Time Series for Mitsubishi UFJ Financial Group Inc. Mitsubishi UFJ Financial Group, Inc. operates as a bank holding company that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Services, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets. The company offers commercial banking, trust banking, and securities products and services to retail and small-and medium-sized enterprise customers. It also provides mergers and acquisitions, debt and equity issuance, financial advice, and real estate-related services; credit cards; and trust banking and securities products and services, as well as engages in the lending, fund settlement, inheritance, asset management, business and asset succession solutions, and foreign exchange businesses. In addition, the company offers corporate banking services, such as project finance, export credit agency finance, and financing through asset-backed commercial paper; investment and transaction banking services for corporations, financial institutions, sovereign and multinational organizations, and institutional investors; and asset management and investor services, including pension fund management and administration, pension structure advisory, payments to beneficiaries, and investment trust services for retail customers. Further, it provides loans, deposits, fund transfers, hedging, and investment services, as well as corporate customers; finances for automotive and consumer goods; sells and trades in fixed-income instruments, currencies, equities, and equities; offers investment products comprising mutual funds, structured bonds, and notes; originates and distributes of financial products; and provides insurance and treasury services. Mitsubishi UFJ Financial Group, Inc. was founded in 1880 and is headquartered in Tokyo, Japan.

  16. m

    Sekisui House Reit Inc - Free-Cash-Flow-To-The-Firm

    • macro-rankings.com
    csv, excel
    Updated Aug 24, 2025
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    macro-rankings (2025). Sekisui House Reit Inc - Free-Cash-Flow-To-The-Firm [Dataset]. https://www.macro-rankings.com/Markets/Stocks/3309-TSE/Cashflow-Statement/Free-Cash-Flow-To-The-Firm
    Explore at:
    csv, excelAvailable download formats
    Dataset updated
    Aug 24, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    japan
    Description

    Free-Cash-Flow-To-The-Firm Time Series for Sekisui House Reit Inc. Sekisui House Reit, Inc. (SHR) was established on September 8, 2014 as an investment corporation investing primarily in commercial properties including office buildings, hotels and retail and other properties, sponsored by Sekisui House, Ltd. (Sekisui House), a leading homebuilder representing Japan with an established development and management track record also in the property development business. SHR was listed on the Real Estate Investment Trust Section of the Tokyo Stock Exchange, Inc. (Tokyo Stock Exchange) on December 3, 2014 (securities code: 3309). Sekisui House Residential Investment Corporation (SHI, and collectively with SHR, the Two Investment Corporations) was established on April 20, 2005 as an investment corporation investing primarily in residences and retail properties, with the corporate name of JOINT REIT Investment Corporation, and listed on the Real Estate Investment Trust Section of the Tokyo Stock Exchange on July 28, 2005. In March 2010, a collaboration system was established with Sekisui House serving as the main sponsor and Spring Investment Co., Ltd. as joint sponsor for the investment corporation, which was renamed from JOINT REIT Investment Corporation to Sekisui House SI Investment Corporation in June 2010. Later, in June 2014, its Articles of Incorporation were revised to set residences as the sole target of investment, and the corporate name was changed to Sekisui House SI Residential Investment Corporation. Subsequently, in association with the shift to a structure in which Sekisui House serves as the sole sponsor in March 2017, SHI was renamed to Sekisui House Residential Investment Corporation in June 2017. The Two Investment Corporations, each under the support of the Sekisui House Group, had separately conducted asset management to expand their assets and secure stable returns by utilizing their respective strengths with the aim of continuous enhancement of unitholder value. However, intending to secure strong returns and stability and growth of cash distributions through pr

  17. i

    Retail Insurance Market - Size, Share & Outlook | Forecast Upto 2033

    • imrmarketreports.com
    Updated Jun 2025
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    Swati Kalagate; Akshay Patil; Vishal Kumbhar (2025). Retail Insurance Market - Size, Share & Outlook | Forecast Upto 2033 [Dataset]. https://www.imrmarketreports.com/reports/retail-insurance-market
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    Dataset updated
    Jun 2025
    Dataset provided by
    IMR Market Reports
    Authors
    Swati Kalagate; Akshay Patil; Vishal Kumbhar
    License

    https://www.imrmarketreports.com/privacy-policy/https://www.imrmarketreports.com/privacy-policy/

    Description

    The Retail Insurance report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

  18. m

    Raymond James Financial Inc. - Cash-Flow-Per-Share

    • macro-rankings.com
    csv, excel
    Updated Jul 6, 2024
    + more versions
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    macro-rankings (2024). Raymond James Financial Inc. - Cash-Flow-Per-Share [Dataset]. https://www.macro-rankings.com/Markets/Stocks?Entity=RJF.US&Item=Cash-Flow-Per-Share
    Explore at:
    excel, csvAvailable download formats
    Dataset updated
    Jul 6, 2024
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    united states
    Description

    Cash-Flow-Per-Share Time Series for Raymond James Financial Inc.. Raymond James Financial, Inc., a diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe. The Private Client Group segment offers investment services, portfolio management services, insurance and annuity products, and mutual funds; support to third-party mutual fund and annuity companies, including sales and marketing support, as well as distribution and accounting, and administrative services; margin loans; securities borrowing and lending services; diversification strategies and alternative investment products; and custodial, trade execution, research, and other support and services. The Capital Markets segment provides investment banking services, such as equity and debt underwriting, and merger and acquisition advisory services; and fixed income and equity brokerage services. This segment also offers institutional sales, securities trading, equity research, and the syndication and management of investments in low-income housing funds and funds of a similar nature. The Asset Management segment provides asset management, portfolio management, and related administrative services to retail and institutional clients; and administrative support services, such as record-keeping. The Bank segment offers various types of loans, including securities-based, commercial and industrial, commercial real estate and construction, real estate investment trust, residential mortgage, and tax-exempt loans; insured deposit accounts; retail and corporate deposit; and liquidity management products and services. The Other segment engages in the private equity investments comprising invests in third-party funds. Raymond James Financial, Inc. was founded in 1962 and is headquartered in Saint Petersburg, Florida.

  19. m

    Omnicom Group Inc - Cash-Flow-Per-Share

    • macro-rankings.com
    csv, excel
    Updated Nov 21, 2025
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    macro-rankings (2025). Omnicom Group Inc - Cash-Flow-Per-Share [Dataset]. https://www.macro-rankings.com/markets/stocks/omc-nyse/key-financial-ratios/dividends-and-more/cash-flow-per-share
    Explore at:
    csv, excelAvailable download formats
    Dataset updated
    Nov 21, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    united states
    Description

    Cash-Flow-Per-Share Time Series for Omnicom Group Inc. Omnicom Group Inc., together with its subsidiaries, offers advertising, marketing, and corporate communications services. It provides a range of services in the areas of media and advertising, precision marketing, public relations, healthcare, branding and retail commerce, experiential, execution, and support. The company's services include advertising, branding, content marketing, corporate social responsibility consulting, crisis communications, custom publishing, data analytics, database management, digital/direct marketing and post-production, digital transformation consulting, entertainment marketing, experiential marketing, field marketing, sales support, financial/corporate business-to-business advertising, graphic arts/digital imaging, healthcare marketing and communications, and instore design services. Its services also comprise interactive marketing, investor relations, marketing research, media planning and buying, retail media planning and buying, merchandising and point of sale, mobile marketing, multi-cultural marketing, non-profit marketing, organizational communications, package design, product placement, promotional marketing, public affairs, public relations, retail marketing, retail media and e-commerce, search engine marketing, shopper marketing, social media marketing, and sports and event marketing services. It operates in the North and Latin America, Europe, the Middle East and Africa (EMEA), and the Asia Pacific. The company was incorporated in 1944 and is based in New York, New York.

  20. m

    Prudential Financial Inc - Free-Cash-Flow-To-Equity

    • macro-rankings.com
    csv, excel
    Updated Aug 24, 2025
    + more versions
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    macro-rankings (2025). Prudential Financial Inc - Free-Cash-Flow-To-Equity [Dataset]. https://www.macro-rankings.com/markets/stocks/pru-nyse/cashflow-statement/free-cash-flow-to-equity
    Explore at:
    excel, csvAvailable download formats
    Dataset updated
    Aug 24, 2025
    Dataset authored and provided by
    macro-rankings
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    united states
    Description

    Free-Cash-Flow-To-Equity Time Series for Prudential Financial Inc. Prudential Financial, Inc., together with its subsidiaries, provides insurance, investment management, and other financial products and services in the United States, Japan and internationally. It operates through PGIM, Retirement Strategies, Group Insurance, Individual Life, and International Businesses segments. The PGIM segment offers investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies to institutional and retail clients, as well as its insurance and retirement businesses. The Retirement Strategies segment provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; develops and distributes individual variable and fixed annuity products. The Group Insurance segment offers various group life, and long-term and short-term group disability, as well as group corporate-, bank-, and trust-owned life insurance in the United States primarily for institutional clients for use in connection with employee and membership benefits plans; sells accidental death and dismemberment, and other supplemental health solutions; and plan administration services in connection with its insurance coverages. The Individual Life segment develops and distributes variable life, universal life, and term life insurance products. The International Businesses segment develops and distributes life insurance, retirement products, investment products, and certain accident and health products; and advisory and administration services . The company provides its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

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UNC Dataverse (2022). Inflation Data [Dataset]. http://doi.org/10.15139/S3/QA4MPU

Inflation Data

Explore at:
Dataset updated
Oct 9, 2022
Dataset provided by
UNC Dataverse
License

CC0 1.0 Universal Public Domain Dedicationhttps://creativecommons.org/publicdomain/zero/1.0/
License information was derived automatically

Description

This is not going to be an article or Op-Ed about Michael Jordan. Since 2009 we've been in the longest bull-market in history, that's 11 years and counting. However a few metrics like the stock market P/E, the call to put ratio and of course the Shiller P/E suggest a great crash is coming in-between the levels of 1929 and the dot.com bubble. Mean reversion historically is inevitable and the Fed's printing money experiment could end in disaster for the stock market in late 2021 or 2022. You can read Jeremy Grantham's Last Dance article here. You are likely well aware of Michael Burry's predicament as well. It's easier for you just to skim through two related videos on this topic of a stock market crash. Michael Burry's Warning see this YouTube. Jeremy Grantham's Warning See this YouTube. Typically when there is a major event in the world, there is a crash and then a bear market and a recovery that takes many many months. In March, 2020 that's not what we saw since the Fed did some astonishing things that means a liquidity sloth and the risk of a major inflation event. The pandemic represented the quickest decline of at least 30% in the history of the benchmark S&P 500, but the recovery was not correlated to anything but Fed intervention. Since the pandemic clearly isn't disappearing and many sectors such as travel, business travel, tourism and supply chain disruptions appear significantly disrupted - the so-called economic recovery isn't so great. And there's this little problem at the heart of global capitalism today, the stock market just keeps going up. Crashes and corrections typically occur frequently in a normal market. But the Fed liquidity and irresponsible printing of money is creating a scenario where normal behavior isn't occurring on the markets. According to data provided by market analytics firm Yardeni Research, the benchmark index has undergone 38 declines of at least 10% since the beginning of 1950. Since March, 2020 we've barely seen a down month. September, 2020 was flat-ish. The S&P 500 has more than doubled since those lows. Look at the angle of the curve: The S&P 500 was 735 at the low in 2009, so in this bull market alone it has gone up 6x in valuation. That's not a normal cycle and it could mean we are due for an epic correction. I have to agree with the analysts who claim that the long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. There is a complacency, buy-the dip frenzy and general meme environment to what BigTech can do in such an environment. The weight of Apple, Amazon, Alphabet, Microsoft, Facebook, Nvidia and Tesla together in the S&P and Nasdaq is approach a ridiculous weighting. When these stocks are seen both as growth, value and companies with unbeatable moats the entire dynamics of the stock market begin to break down. Check out FANG during the pandemic. BigTech is Seen as Bullet-Proof me valuations and a hysterical speculative behavior leads to even higher highs, even as 2020 offered many younger people an on-ramp into investing for the first time. Some analysts at JP Morgan are even saying that until retail investors stop charging into stocks, markets probably don’t have too much to worry about. Hedge funds with payment for order flows can predict exactly how these retail investors are behaving and monetize them. PFOF might even have to be banned by the SEC. The risk-on market theoretically just keeps going up until the Fed raises interest rates, which could be in 2023! For some context, we're more than 1.4 years removed from the bear-market bottom of the coronavirus crash and haven't had even a 5% correction in nine months. This is the most over-priced the market has likely ever been. At the night of the dot-com bubble the S&P 500 was only 1,400. Today it is 4,500, not so many years after. Clearly something is not quite right if you look at history and the P/E ratios. A market pumped with liquidity produces higher earnings with historically low interest rates, it's an environment where dangerous things can occur. In late 1997, as the S&P 500 passed its previous 1929 peak of 21x earnings, that seemed like a lot, but nothing compared to today. For some context, the S&P 500 Shiller P/E closed last week at 38.58, which is nearly a two-decade high. It's also well over double the average Shiller P/E of 16.84, dating back 151 years. So the stock market is likely around 2x over-valued. Try to think rationally about what this means for valuations today and your favorite stock prices, what should they be in historical terms? The S&P 500 is up 31% in the past year. It will likely hit 5,000 before a correction given the amount of added liquidity to the system and the QE the Fed is using that's like a huge abuse of MMT, or Modern Monetary Theory. This has also lent to bubbles in the housing market, crypto and even commodities like Gold with long-term global GDP meeting many headwinds in the years ahead due to a demographic shift of an ageing population and significant technological automation. So if you think that stocks or equities or ETFs are the best place to put your money in 2022, you might want to think again. The crash of the OTC and small-cap market since February 2021 has been quite an indication of what a correction looks like. According to the Motley Fool what happens after major downturns in the market historically speaking? In each of the previous four instances that the S&P 500's Shiller P/E shot above and sustained 30, the index lost anywhere from 20% to 89% of its value. So what's what we too are due for, reversion to the mean will be realistically brutal after the Fed's hyper-extreme intervention has run its course. Of course what the Fed stimulus has really done is simply allowed the 1% to get a whole lot richer to the point of wealth inequality spiraling out of control in the decades ahead leading us likely to a dystopia in an unfair and unequal version of BigTech capitalism. This has also led to a trend of short squeeze to these tech stocks, as shown in recent years' data. Of course the Fed has to say that's its done all of these things for the people, employment numbers and the labor market. Women in the workplace have been set behind likely 15 years in social progress due to the pandemic and the Fed's response. While the 89% lost during the Great Depression would be virtually impossible today thanks to ongoing intervention from the Federal Reserve and Capitol Hill, a correction of 20% to 50% would be pretty fair and simply return the curve back to a normal trajectory as interest rates going back up eventually in the 2023 to 2025 period. It's very unlikely the market has taken Fed tapering into account (priced-in), since the euphoria of a can't miss market just keeps pushing the markets higher. But all good things must come to an end. Earlier this month, the U.S. Bureau of Labor Statistics released inflation data from July. This report showed that the Consumer Price Index for All Urban Consumers rose 5.2% over the past 12 months. While the Fed and economists promise us this inflation is temporary, others are not so certain. As you print so much money, the money you have is worth less and certain goods cost more. Wage gains in some industries cannot be taken back, they are permanent - in the service sector like restaurants, hospitality and travel that have been among the hardest hit. The pandemic has led to a paradigm shift in the future of work, and that too is not temporary. The Great Resignation means white collar jobs with be more WFM than ever before, with a new software revolution, different transport and energy behaviors and so forth. Climate change alone could slow down global GDP in the 21st century. How can inflation be temporary when so many trends don't appear to be temporary? Sure the price of lumber or used-cars could be temporary, but a global chip shortage is exasperating the automobile sector. The stock market isn't even behaving like it cares about anything other than the Fed, and its $billions of dollars of buying bonds each month. Some central banks will start to taper about December, 2021 (like the European). However Delta could further mutate into a variant that makes the first generation of vaccines less effective. Such a macro event could be enough to trigger the correction we've been speaking about. So stay safe, and keep your money safe. The Last Dance of the 2009 bull market could feel especially more painful because we've been spoiled for so long in the markets. We can barely remember what March, 2020 felt like. Some people sold their life savings simply due to scare tactics by the likes of Bill Ackman. His scare tactics on CNBC won him likely hundreds of millions as the stock market tanked. Hedge funds further gamed the Reddit and Gamestop movement, orchestrating them and leading the new retail investors into meme speculation and a whole bunch of other unsavory things like options trading at such scale we've never seen before. It's not just inflation and higher interest rates, it's how absurdly high valuations have become. Still correlation does not imply causation. Just because inflation has picked up, it doesn't guarantee that stocks will head lower. Nevertheless, weaker buying power associated with higher inflation can't be overlooked as a potential negative for the U.S. economy and equities. The current S&P500 10-year P/E Ratio is 38.7. This is 97% above the modern-era market average of 19.6, putting the current P/E 2.5 standard deviations above the modern-era average. This is just math, folks. History is saying the stock market is 2x its true value. So why and who would be full on the market or an asset class like crypto that is mostly speculative in nature to begin with? Study the following on a historical basis, and due your own due diligence as to the health of the markets: Debt-to-GDP ratio Call to put ratio

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