Posts in Summary Statistics

Chart: Summary Statistics: Real GDP per Capita Growth (1930-present)

Annual year-over-year growth in real GDP per capita.

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Chart: Summary Statistics: Greenwood-Hanson High-Yield Share (1929-present)

Annual high-yield issuance share, colored by underlying source series.

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Chart: Summary Statistics: CAPE vs. Subsequent 10-Year S&P Return (1929-present)

Scatter of Shiller CAPE (P/E10) at year t against the cumulative S&P total return realized over the following 10 years, with a fitted line showing the valuation/mean-reversion relationship.

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Chart: Summary Statistics: Baa/Aaa-Treasury Credit Spreads (1925-present)

Monthly Baa-Treasury and Aaa-Treasury credit spreads, with NBER recessions shaded.

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