How long would it take to work off the US trade deficit?
The rest of the world holds $16.8 trillion in US financial assets, according to Federal Reserve release Z.1, as of Q1 2009. […]
About bonds issued by U.S. and foreign corporations traded in U.S. capital markets …
The rest of the world holds $16.8 trillion in US financial assets, according to Federal Reserve release Z.1, as of Q1 2009. […]
Federal Reserve flow of funds table F.107 (Rest of the World) showed that foreign investors — that for many years had been the primary support of US bond and commercial paper markets — were conspicuously absent. […]
For the last twenty-five years, the Fed flow of funds accounts reveal two dominant forces supporting US stock and bond markets. Stocks: Stocks have been driven upwards by corporate executives and mutual fund managers who have backed stock-buybacks/executive option schemes to mutual advantage. As described in the article, “The quarter-century buyback […]