Data discoveries of the week. This week we look at charts on the US average income needed to buy a house, India’s GDP comparison with that of the world, India’s economic growth predictions, the US fed’s rate cuts forecast and more.
1. This brilliant table shows returns of commodities over the last decade.
Trying to predict which commodities will come out on top is tricky business—especially during this turbulent period in markets 🌪️
— Visual Capitalist (@VisualCap) January 18, 2023
2. Trend of how much of their income an average American household needs to to buy a median-priced home. At 46.4%, it is the highest share of income needed since 2006.
The median American household would need to spend 46.4% of their income to afford payments on a median-priced home in the US, the highest % on record with data going back to 2006. pic.twitter.com/xHpjivN0J5
— Charlie Bilello (@charliebilello) January 18, 2023
3. GDPs of India’s states compare to countries. Fascinating!
— Jesse Felder (@jessefelder) January 11, 2023
4. Consumers crunched. The largest decline in US retail sales since 2007-08 financial crisis and COVID lockdowns.
We just saw one of the worst 2-month declines in retail sales since the Global Financial Crisis and the covid lockdowns.
The squeeze on consumers is real and markets are starting to treat bad news as bad news. pic.twitter.com/bv9D6F432T
— Otavio (Tavi) Costa (@TaviCosta) January 18, 2023
5. A chart that shows India’s transformation. Access to electricity among the poorest population went up from 53% to 86% in just 5 years.
India's real economy underwent a revolution within mere 5 years. Access to electricity among the poorest population went up significantly – from 53% to 86% – and is >95% across 19 states & UTs! The biggest gains were made in the poorest states. #KnowIndia pic.twitter.com/nphx1g8yMI
— Prof. Shamika Ravi (@ShamikaRavi) January 16, 2023
6. The US Dollar, perhaps on a bearish trend.
The next secular dollar bear market (perhaps already started) seems likely to end below 72 on the US Dollar Index (DXY), about 30% below the current level.
(not a forecast or investment advice) pic.twitter.com/R7Rswsraao
— Nick Reece (@nicholastreece) January 18, 2023
7. The top Gulf State-owned Funds and where they invested in 2022
💰 When Credit Suisse, Sam Bankman-Fried and Asian billionaires were hunting for funds in recent months, they all turned to the same place — the Middle East 💰
— Bloomberg Graphics (@BBGVisualData) January 18, 2023
8. India’s economy will be about 20% larger than UK by 2027.
The Indian economy has overtaken the UK economy, solidifying its position as one of the fastest growing in the world. Do you think someday it will surpass the US economy? #India #Economy #Growth pic.twitter.com/Z4ZxdlcoZf
— Kien Le (@Kien110583) January 18, 2023
9. Results of a poll of leading economists by the WSJ about when they expect the Fed to start cutting rates. Most believe it would not happen before Q4 2023
Of these forecasters:
• Six expect the Fed to keep raising rates in the second half of the year
• 39 expect the Fed to hold rates steady in the second half of 2023
• 31 expect anticipate one rate cut between July and Decemberhttps://t.co/rdu6S8fJiD pic.twitter.com/J6qDWGKjFM
— Nick Timiraos (@NickTimiraos) January 17, 2023
10. If user car prices in US are an indicator of inflation rates, they were down 14.9% over the past year, the largest YoY decline on record.
milk costs more than gas again!
$4.21: gallon of whole milk
$3.91: gallon of gas
[average US prices] pic.twitter.com/M2c6KsVgwl
— Katie Greifeld (@kgreifeld) January 15, 2023
11. And did you say eggs? Here’s how the prices have moved over last 12 months ~ more than 2x.
— mark belan | scientific illustrator/visualizer (@markabelan) January 19, 2023
12. The worst years for US stock market in a chart.
2022 was arguably one of the worst years the US stock market has experienced in a long time.
— Kuvera (@Kuvera_In) January 17, 2023
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