Fidelity Select Funds

[sumisu]

U.S. Government Debt, U.S. Budget Deficit & Analog Swing Charts of the S&P Composite

BY ron Griess | march 23, 2010

http://www.financialsense.com/Market/griess/2010/0323.html

The following chart shows Gross Federal Debt and the "Debt Ceiling" at the end of February, 2010.



The following chart shows Gross Federal Debt and its 1 year, 5 years and 10 years rate of growth. The February, 2010 rates of growth are: 1 year - 14.37%, 5 years - 10.03% and 10 years - 8.05%.



The following chart shows Gross Federal Debt as a percentage of Nominal GDP.



The following chart shows the U.S. Federal Budget deficit at the end of February, 2010.



The following chart shows the U.S. Federal Budget deficit as a percentage of Nominal GDP. Using annual statistics, the record deficit was 13.00% in 1945. Using quarterly statistics, the previous record was 6.57% for the 3rd quarter of 1975.



We have drawn weekly charts of five previous market bottoms and overlaid each with the market bottom of the week ended March 6, 2009.

1938 and 2009



1942 and 2009



1974 and 2009



1982 and 2009



2003 and 2009



Ron Griess


Copyright © 2010 All rights reserved.

contact information

Ronald L. Griess | The Chart Store, Inc. | 235 South Adams Street, Westmont, IL 60559
Direct 630-663-9059 | Toll Free 800-245-0571