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Friday, March 25, 2022

My Favorite Chart -- Money Market Monitor -- March 25, 2022

Before we get to the charts, being reported today: Vanguard reclaims top target-date fund manager spot, leapfrogs Fidelity and BlackRock. Link here.

  • TDFs; target-date funds.
  • personally, I would never invest in a TDF

There's a lot of money out there:

  • ThomasPartners recently partnered with Schwab
  • outside of Schwab, to qualify for a ThomasPartners dividend fund, one had to invest one million dollars.
  • inside Schwab, one can qualify for a ThomasParners dividend fund for $100,000
  • I can't see doing that, even with $100,000

Estate planning: there is still one opportunity to maximize capital gains tax free

  • one has one opportunity
  • the window of opportunity is less than a year

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The Charts

Link here.

Another favorite graph (down below). Take some time with this one. Note how few countries are actually “spelled out.”

At 24%, the US is five times greater than #2, Japan at 5%. And Japan is the poster-child for no-growth but known for great sushi. Also known for placing nuclear reactors on fault lines. 

  • among the free:
    • after Japan, it's just one big drop off the cliff:
    • Germany: 4%, much of which will now be spent on Ukrainian refugees;
    • only two at 3%: UK and France
    • at 2%: Italy, Canada, Australia, Spain, South Korea, and Brazil
  • among the "not free":
    • China: 18% -- again, this is the share of global GDP by country
    • China may overtake the US, but probably won't move into the "blue" column
    • one at 2%: Russia -- which is now out of date; tea leaves suggest Russia's GDP has been cut in half, and, if so, Russia is at 1% -- less than most countries in western Europe, even Italy;
    • at 1%: Iran:

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