Just a short note - I kind of said jokingly I expected the total outstanding debt in the June Fed Flow of Funds Report would be $70T. I was not far off the mark.
The total came to be $69.7169T. Last quarter it was $68.7556T. The change is $961.3B, almost $1T, and a comparable to the 2017Q3 change. Again like then the major change was the federal government one, +$629.6B. This was followed by business debt at +$155B, then consumer debt at +$122.2B. The other changes were not as significant.