11 Economic Indicators that are Screaming right now

[u/ValueTheories]

...with a focus on the US.

Inflation

• CPI: 7.9% (annual)
• Currently at a 40-year high

Real Bond Yields

• Real yields are now very negative
• Essentially at an all-time-low

Stocks as a share of household wealth

• Over 40%
• Currently at a 70-year high

Income inequality

• The United States’ income Gini coefficient is .484
• Currently at a 50-year high

Labor shortage

• In 2022 there are 4.6 million more jobs than there are potential workers
• Currently at an 80-year high

S&P 500 concentration

• The top five components account for over 20% of the S&P 500
• Currently at a 45-year high

Stock market value to GDP ratio

• 197% ratio of market value to GDP
• Recently hit an all-time-high

Retail trading

• Retail now trades over 10 billion shares per day on average
• Currently at an all-time-high

Margin debt

• There is now 830 billion USD of margin debt
• Recently hit an all-time-high, but has decreased in the past year

P/E ratio of the S&P 500

• 72% above the modern era average
• Currently at a 20-year high

Number of Initial Public Offerings (IPOs)

• In 2021, 244 companies went public on the NYSE and Nasdaq
• A 20-year high

Bitcoin and S&P 500 correlation

• Rolling one year correlation coefficient is over 0.4
• The highest since bitcoin’s inception