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A Bird's Eye View Blog

Market Highlights in Charts 3.30.18

By:BCM Investment Team | Date:Mar30, 2018 | Category: Equity, Economics, Market Highlights, Fireside Charts

Market recovery including housing expansions, US trade deficit worsening, a closer look at CBO's budget projections and reality; plus, US energy inching towards independence, and medicaid spending continues to rise all in today’s Market Highlights in Charts.

1. While the current housing market recovery has been longer than average, it came out of such depths it has a long way to go to "normal". 

 

 current housing recovery

Source: WSJ Daily Shot; As of 3/29/18

 

 

2. Similarly, the overall economic recovery has been long, slow and steady, but with less strength than average. 

 

  Economic Recovery length

 Source: WSJ Daily Shot; As of 3/29/18


3. This is worrisome long term...

 

US trade in goods balance trade deficit-1

Source: WSJ Daily Shot; As of 3/29/18

 

 

4. And we listen to the Congressional Budget Office (CBO) why? Politics or incompetency? 

 

 Congressional Budget Office CBO

Source: WSJ Daily Shot; As of 3/29/18

 

 

5. Is U.S. energy independence on the horizon? 

 US net oil imports US total crude oil production

 

us crude oil production-1

 

Source: WSJ Daily Shot; As of 3/29/18

 

 

6. Does anyone see a problem? 

 

Medicaid spending government growth

Source: WSJ Daily Shot; As of 3/98/18

 

 

 

 

Disclosure: The charts and info-graphics contained in this blog are typically based on data obtained from 3rd parties and are believed to be accurate. The commentary included is the opinion of the author and subject to change at any time. Any reference to specific securities or investments are for illustrative purposes only and are not intended as investment advice nor are a recommendation to take any action. Individual securities mentioned may be held in client accounts.