Some Z1 trivia – Corporate debt and household portfolio allocations

Corporate debt and household portfolio allocations

Non financial, corporate credit market debt seems to be growing strongly:

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And note recent WSJ article  Financial Crisis Anniversary: For Corporations and Investors, Debt Makes a Comeback – hat tip a blog post at Eudora Asset Management.  Please also refer to the recent BIS Quarterly report and press commentary noted in my previous post.

And also worthy of note is the bounce back in equity holdings (direct and indirect) as a % of total household and NPO financial assets:

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This does not appear to be too supportive of equity market valuations    Cash holdings have also come down and on an historical basis do not appear to be anywhere near excessive.

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