What A Difference Two Years Makes!

Hat tip to Trade System Guru

Indicator	July 2007	July 2009
Fed fund rate	5.25%	0%
Federal budget deficit	2% of GDP	13% of GDP
Total federal gov’t debt	$8.95 trillion	$12.9 trillion (2009 est)
Total federal gov’t debt/GDP	65.5%	90.4%
Mortgage rates	6.5%	4.7%
Fed balance sheet	$850 billion	$2 trillion
Unemployment rate	4.7%	9.5%
S&P500	1550	940
“Official” CPI	3.0%	-1.4%
Original (Real) CPI	10.09%	6.05%
Treasury international capital flows	+$100. 8 billion	-$66.0 billion
Total credit market debt/GDP	340%	375%
Average U.S. PEs	30.43	125.37
Average U.S. EPS	$0.97/share	$0.16/share
Gov’t/Fed stimulus committed	< $10 billion	> $13 trillion