Did you know? On this day in market history, President Franklin D. Roosevelt signed the Emergency Relief Appropriation Act to create $5 million in work relief programs during the Great Depression. This public assistance package remains the largest in U.S. history. Today, we begin with an update on the U.S. Dollar, which has advanced from its previous lows. We are seeing discretionary shrink among U.S. government spending. Greece's bond yield is at 2.32%. Do you know how that compares to ours? Finally, a look into home ownership across Europe.
1. The USD is up from previous lows.
Source: WSJ Daily Shot, as of 4/8/19
2. Composition of Government spending as of late.
Source: Deutsche Bank, as of 4/4/19
3. Quick: which country has a lower yielding 5-year government bond; Greece or the U.S.?
Source: WSJ Daily Shot, as of 4/5/19
4. An update on global trade...
Source: Oxford Economics, as of 4/8/19
5. Home ownership trends aren't only changing in the U.S....
Source: Statista, as of 3/29/19
Do you use factors in your investment portfolios? Factor investing has become one of the fastest growing investment strategy approaches, experiencing 11% organic asset growth per year since 2011! For a primer on how to get the most out of factor investing, read our latest Financial Literacy post, Factor Investing in the 2019 Landscape.
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.