tag:blogger.com,1999:blog-6616959642391988608.post8867542406176505276..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Money velocity is likely stabilizing (4)Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-3174959100706784852009-08-01T08:26:57.100-07:002009-08-01T08:26:57.100-07:00Best indication I can point to lately is the rise ...Best indication I can point to lately is the rise of FedEx stock - now at 67, but 32 just a few months ago. A bellwether for sure.Brian Hhttps://www.blogger.com/profile/14869071526968957308noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-61502234135385950362009-07-31T17:36:09.173-07:002009-07-31T17:36:09.173-07:00The estimate of household wealth on ZH is off by j...The estimate of household wealth on ZH is off by just a bit--like off by maybe $40 trillion. You should use the Fed's balance sheet data see this.<br /><br />http://www.federalreserve.gov/releases/Z1/Current/z1r-5.pdf<br /><br />If I make a rough estimate of the net worth of US households today, I come up with something close to $55 trillion. That represents a decline of about 12% from the Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82760291339226678192009-07-31T15:29:26.034-07:002009-07-31T15:29:26.034-07:00Over at ZH there is a blurb about a topic you cove...Over at ZH there is a blurb about a topic you cover frequently, US Household wealth.<br /><br />While wealth has risen 30% or so with the recent stock market move, if you overlay household debt, which hasn't budged, US household equity is at disturbingly low levels.<br /><br />Americans are now pretty much caught in the hamster wheel owing much of their lives to paying off debt whether it be Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47813929730517028952009-07-31T15:28:42.501-07:002009-07-31T15:28:42.501-07:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.com