The global debt bubble continues to inflate

The global debt bubble continues to inflate

Okay, we all know that the current rally that has pushed U.S. equities to one record after another is built on cheap money. That is on a Federal Reserve that has promised to cut interest rates one, two, or maybe even three times in 2019. And on a hope on Wall Street...
Notes You Need for January 5: INTC, Net Neutrality, Amazon Alexa, VUZI, global debt, ISM services index, factory orders, App store, HAIN, rig count

Notes You Need for January 5: INTC, Net Neutrality, Amazon Alexa, VUZI, global debt, ISM services index, factory orders, App store, HAIN, rig count

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. A typical post resembles this from today: “11:40 a.m.: Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher than at the end of 2016, according to the Institute of International Finance. Private non-financial sector debt hit all-time highs in Canada, France, Hong Kong, South Korea, Switzerland and Turkey. Thanks to global economic growth, though, the ratio of debt-to-gross domestic product fell for the fourth consecutive quarter. The ratio is now around 318%, 3 percentage points below a high set in the third quarter of 2016.”