Values read live from moneyspider.net on 13 November 2026. Changes are against the 1 November edition.
MACRO — THE ECONOMY
Trajectory Enquiries: US Debt: total public debt $40.58T (10 Nov), from $40.59T; about 148 days to add the next trillion on the trailing year; bills 23.0% of marketable debt (31 Oct), from 22.4%; the 10-year at 5.10% (12 Nov), from 4.94%, against an average rate paid of 3.58%, from 3.53%, so the gap is +1.52 points, from +1.41. Gross interest is $115B for fiscal 2027 to date. [Confirmed]
Trajectory Enquiries: US Markets: unchanged at 255% (Q2 2026), still Significantly Overvalued. Next update mid-December with Q3 data. [Confirmed unchanged]
Cape Fear (Trajectory Enquiries: US Earnings): 40.71 (Oct 2026), the 99th percentile of months since 1881. Correction: Cape Fear now reads Shiller’s file directly. The 2026 readings previously shown were up to 2.2 points too high; October 2026 is 40.71, still the 99th percentile. Mathematical Scenarios now sits inside Cape Fear as its sixth line. [Confirmed]
Trajectory Enquiries: US Inflation: unchanged at 12¢ (a 1971 dollar, CPI to Aug 2026); live gold $3,899/oz, from $3,906. [Confirmed]
Treasury Yields (Trajectory Enquiries, Line 4): 10-year 5.10% and 30-year 5.43% on 12 Nov, from 4.94% and 5.31%; the 10-year minus 2-year spread +0.24 points, from +0.38. [Confirmed]
MICRO — THE STOCKS
Trajectory Enquiries: Global Stocks: 71 of 1,033 companies at or within 1% of their high, from 36 of 562 (the roster has nearly doubled, so the count is not like for like); all 8 legs have at least one company at its high; the average price is 65.0% of each company’s high; Money is the leading leg at 74.1%, where Earth led last time. [Confirmed]
Utopia’s Eleven: $27.23T combined, from $27.26T; Apple the largest at $5.16T and at its high; Nvidia second at $4.01T, 71% of its high, from $4.93T and 87%; Banquo’s Ghost (value shed from highs) $5.46T, from $5.32T. [Confirmed]
Trajectory Enquiries: The Golden Geese: no live feed, nothing to update (1926–2025 dataset; 46 firms account for half of $91T of wealth created).
DEMOS — THE PEOPLE
Trajectory Enquiries: Consumers: unchanged at 48.0 (US, Oct final), close to the lowest reading since 1952; UK −7.0 (Sept). [Confirmed unchanged]
The Tax Net: unchanged — 18.1% of UK income tax payers at the higher or additional rate (2023-24), against 9.2% in 1999-00. [Confirmed unchanged]
Hot or Not: unchanged and stale — latest reading 32%, median 33%, both dated 17 Sep. [Stale — refresh due]
POLIS — THE STATE
The Watchtower: next policy decision the Fed on 9 December, 26 days out; next national election the USA, 725 days out, now that the midterms have passed. [Confirmed]
Trajectory Enquiries: The Gold Hole: gross gap $46.01bn, from $46.09bn, at live gold of $3,899 (about $42.1bn net at the page’s default 3% return). [Confirmed]
FLOWS — THE CAPITAL
Net Liquidity Tracker: $5.84T (11 Nov), from $5.75T (28 Oct). [Confirmed]
The Tide Table: unchanged — year-end 2025 data.
Mind the Gap: unchanged at ¥159.21 and a 1.81pp US–Japan 10-year spread — still dated August. [Confirmed, stale]
Housekeeping for this edition: The Debt Garden (3 Nov) and The Long Fuse (12 Nov) have been retired and are no longer listed. The High Water Mark and Leg by Leg were folded into Trajectory Enquiries: Global Stocks on 12 November; their figures continue there.