Global savings glut: structural headwinds for yields
blog.variantperception.com
Google trend searches for “savings glut” shows the surge of interest in the 2000s and waning interest ever since (left chart below). This is matched by the peaking of global imbalances during the GFC and the subsequent fall (right chart below). We track the magnitude of global imbalances by summing up the absolute value of all current account balances (surplus & deficit) globally as a % of global GDP.
Global savings glut: structural headwinds for yields
Global savings glut: structural headwinds for…
Global savings glut: structural headwinds for yields
Google trend searches for “savings glut” shows the surge of interest in the 2000s and waning interest ever since (left chart below). This is matched by the peaking of global imbalances during the GFC and the subsequent fall (right chart below). We track the magnitude of global imbalances by summing up the absolute value of all current account balances (surplus & deficit) globally as a % of global GDP.