Latest analysis
51 articles published — newest first.
Household saving narrowed by $122.2B as spending outran income
BEA and FRED show personal saving fell from $1,112.4 billion to $990.2 billion, a $122.2 billion compression. The household budget signal is clear, even if it…
Personal Finance · BlackMoney Desk
U.S. Saving Fell as Spending Outran Income
Personal saving dropped by $122.2 billion, calculated as $990.2 billion minus $1,112.4 billion, putting the household buffer back at the center of the budget…
Personal Finance · BlackMoney Desk
The saving-rate drop says household budgets are doing more work
The saving rate was 4.1%, calculated as $990.2 billion / $24,223.2 billion, while spending rose faster than after-tax income.
ETFs & Funds · BlackMoney Desk
ETF inflows have already beaten last year's full-year record
US-listed ETFs crossed the old full-year inflow record before the fourth quarter began. The investable point is not a hot theme, but the scale: fees and flows…
Stocks · BlackMoney Desk
AstraZeneca's Summit stake buys time, not certainty
AstraZeneca's Summit investment is best read as financing math: at Summit's recent cash burn, the gross check adds 45.6 months of runway before trial risk is…
ETFs & Funds · BlackMoney Desk
ETF flows are overtaking records, but the fee math still matters
ETF.com put year-to-date US ETF inflows at $1.47 trillion against a $1.49 trillion prior-year record, leaving $20 billion; ICI’s latest weekly net issuance was…
Personal Finance · BlackMoney Desk
Inflation Expectations Are Now the Household Budget Test
The latest Michigan survey makes the personal-finance story simple: expected inflation, not portfolio noise, is forcing households to re-price emergency cash.
Stocks · BlackMoney Desk
Akamai’s Anthropic Deal Turns on Annual Revenue, Not Hype
Akamai’s $11.6 billion Anthropic contract equals $11.6 billion / 7 years = $1.66 billion a year, before capex and execution risk.
