Saturday, September 27, 2008

FII India

From - http://www.sebi.gov.in/bulletin/bulletinaugust08.pdf

Tables on Pg 586 look interesting.  In Q208, mutual funds pumped in around 36k crores whereas FIIs pulled out around 15k crores.

It seems that the FII outflows are really taking off.

Repo Rates

Libor

A very good article on libor - http://www.lrb.co.uk/v30/n18/mack01_.html


Libor is based on borrow/lending rates provided by the following banks - http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=145&a=9743&artpage=all

The spike for USD on Sept 16 08 looks very interesting....

Sunday, September 21, 2008

Market share of various mortgages...

From http://www.gao.gov/new.items/d0878r.pdf

Prime - 58%
Alt-A - 16%
Sub prime - 24%

War expenditure... iraq and afganistan

Super cool - http://www.gao.gov/new.items/d081128r.pdf

Since 2001, congress has provided DOD with about $807B for supporting military operations in GWOT(Global war on terrorism). This is comparable to paulson's $750B credit line to buy MBS. Of the $807B appropriated, DOD has obligated ~$595B.
- About ~$462B was spent on Iraq
- About ~$105 was spent on afganistan and others. I compare this with $80B bailout of AIG.

Nation by numbers..

Very super cool. This one should keep me busy for sometime - http://www.gao.gov/financial/fy2007/07frusg.pdf

Somethings I found interesting
Govt spending (Page 10)
- social security 21.5%
- department of defense - 22.8%
- interest on public debt - 8.2%

Govt total assets - $1.6T
Govt total liability - $10.8T
Total net payable - 10.8 - 1.6 = $9.2T

Individual Tax returns...

From - http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?DocID=545&Topic2id=90&Topic3id=93

Population around ~300M
Individual tax payers ~139M
Gross income ~8T
- California accounts for ~1T
- 4M tax payers(2% of all individual tax payers) earn more than 200K and account for ~2.4T (30% of gross income)
- 12M tax payers earn between 100 and 200K and account for ~1.6T

Taxes - Individuals vs Corporations

From http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=407&Topic2id=90

Year 2007
Total gross tax collections - around $2.5T
Individuals - $2T
Corporations - $0.38T

Three highest contributing states
California - $299B
New York - $214B
Texas - $204B

Here is historic data since 1934 - http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=203

Saturday, September 20, 2008

Sponsers of US debt

From http://www.fms.treas.gov/bulletin/b2008-3ofs.doc

As of June 2008
- Total public debt - $9,492.0M.
- More than 50% of the treasuries are owned is privately held - $4,806.2M
- More than 55% of the privately held debt and 25% of the total public debt is owned by foriegn govts.

From http://www.treas.gov/tic/mfh.txt
- Japan + China account for more than 40% of debt owned by foriegn govts.

US treasuries - Foriegn holders

Major foriegn holders of US treasuries - http://www.treas.gov/tic/mfh.txt

Japan + china > 45%

Friday, September 19, 2008

California employment numbers - Aug 2008

From http://wwwedd.cahwnet.gov/About_EDD/pdf/urate200809.pdf

- Unemployment rate at 7.7 percent.
- Total number of unemployed people increased by 60000 to around 1.5M.
- Around 0.5M people recieve unemployment benefits.
- Around 17M currently have a job.
- Over the last year construction lost the most number of jobs - 85K.

The table on page 4 of that report is very interesting.

Tuesday, September 16, 2008

US Treasuries

This table here gives good details on US treasuries purchased/sold for past N years...

http://www.treas.gov/tic/s1_99996.txt

You can find countrywise data here - http://www.treas.gov/tic/ticsec.shtml

Monday, September 8, 2008

Home Delinquencies

From http://www.mortgagebankers.org/NewsandMedia/PressCenter/64769.htm
http://www.realtor.org/research/commentary_delinquencies_foreclosures

- Subprime accounts for 36% of all foreclosures and prime accounts for 23%
- Florida and California accounts for 39% of all the foreclosures started during second quarter
- Florida and California accounts for 58% of all prime ARM foreclosure starts in second quarter and 78% of the increase

Sunday, September 7, 2008

Pending home sales

Lets compare pending and new home sales.. http://www.realtor.org/wps/wcm/connect/33220e804af59c71a8e7ff4da33b78d3/EHSreport.xls?MOD=AJPERES&CACHEID=33220e804af59c71a8e7ff4da33b78d3
http://www.census.gov/ftp/pub/const/stage_seas_cust.xls

For July 2008 -
New Home Sales - 43K
Existing Home Sales - 5000K.. thats more than 100 times new home sales.

Somehow I am amazed at the numbers above and I don't believe myself.. I think I should take a nap and revisit these numbers.. till then I'll keep admiring these.

New homes report

Lots of numbers on how many new homes got permitted/under construction/completed - http://www.census.gov/const/www/newressalesindex.html
http://www.census.gov/ftp/pub/const/stage_seas_cust.xls

Around 43K new homes are being sold in July 2008. The median duration a home was on the market was 8.5 months. There are 416K new homes in permit/under construction/completed state on the market as of July 2008. At the rate of 43K per month, it'll take 9.67 months to sell out existing inventory.

Looking at the data for past 10 years, the median duration for a home on the market was 4.63 months on average.

Saturday, September 6, 2008

Poverty level defined by US Census Bureau


One person 10,590
Two people 13,540
Three people 16,530
Four people 21,203
Five people 25,080
Six people 28,323
Seven people 32,233
Eight people 35,816
Nine people or more 42,739

Sounds too low - you can read up on how it is determined here - http://www.census.gov/hhes/www/povmeas/papers/orshansky.html

US Households

From http://www.census.gov/prod/2008pubs/p60-235.pdf
- around 116M
- 100.6M native born, 15.4M foriegn born
- South has the largest number of households..  more than one third. Yay for Texas, Florida and other southern states - http://en.wikipedia.org/wiki/Southern_United_States
- Native born american constitute 87% of the population. The remaining 13% are naturalized or foriegn born.

World Gold production and consumption

How much gold does world produce?

I got hold of two sources to check for consistency - 

2007 stats
- 2444 metric ton
- No single country dominating gold production. Max by any country is less than 12%
- China moved to the top followed by Australia and US. Most of the gold for US comes from Nevada
- Demand exceeded supply in 2007
- 68% of the gold is used for jwelleries
- Supply has been dropping since a couple of years

A very good read on gold with a lot of numbers - http://www.gold.org/deliver.php?file=/assets/file/marketknowledge/GoldMktKnowledgeSuppDem.pdf

Total Market Cap

World market cap - $56 trillion

Distribution

  •  Americas - 42.4%
  •  Asia/Pacific - 25.8%
  •  Europe, Africa & Mid-East - 31.8%

  • All numbers are from April 2007 report. Source - http://www.world-exchanges.org/WFE/home.Asp