August 2024 Charts

Three Charts That Have Our Attention

If you are curious about what’s going on in the market or economy, we’d like to share some charts / graphics that we think are insightful.

Fixed Mortgage Rise. The increase in the proportion of fixed-rate mortgages over the last forty years has weakened the effectiveness of monetary policy. Essentially, the high percentage of fixed-rate mortgages means that monetary policy has less impact whether the Fed raises or lowers interest rates.

Battery Sector Investment. As battery-powered devices like smartphones, electric vehicles, and energy storage systems continue to expand, investment in the battery sector is projected to exceed $1.6 trillion by 2040.

Changing Labor Market. According to David Autor's research from MIT reveals that 60% of today’s workers are in jobs that didn't exist in 1940. The shape of the labor market has always been fluid. This insight is important when considering the potential impact of AI on the labor market.

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