A chart is a powerful thing.
As perhaps the fastest way to make an argument backed by data, charts boast incredible capacity to explain and persuade. And while that also means they can be incredibly misleading, charts have clarified my thinking on a number of big issues this year.
Here, in no certain order, are some of the most important ones I’ve created, seen, tweeted, and retweeted. (I tweet a lot of charts. Follow me!)
In Ireland, mortgage payments are apparently optional.
And the reason why is that credit is flowing to the auto loan market via the asset-backed securities market.
The great rotation from bonds into stocks finally happened. (Investors have hid in bonds since the crisis.)
The US might have kicked its credit card addiction.
British incomes have fallen way behind the neighbors.
Russian consumers have a ton of household debt.
Israel has one of the hottest housing markets in world.