5 charts from the past week that tell an interesting story in markets and investing… 1) Bonds Breaking Down? Long-term bond yields are creeping up, with 30-year treasuries at their highest levels since June. Why are yields rising? The combination of rising inflation expectations, a recovering economy, and the prospect of trillions more in debt to […]
5 charts from the past week that tell an interesting story in markets and investing… 1) If You Give It, They Will Spend It The boom in Retail Sales continues with new all-time highs and a September surge. The lesson: if you give the American consumer free money, they will spend it. The recessions of yesteryear […]
5 charts from the past week that tell an interesting story in markets and investing… 1) $27 Trillion and Counting… US National Debt has crossed above $27 trillion for the first time. A year ago it was below $23 trillion. As a percentage of economic output (GDP), our national debt has never been higher, steadily […]
5 charts from the past week that tell an interesting story in markets and investing… 1) US Jobs Comeback Continues, Slowly 661,000 jobs were added back in September, building on the gains from May through August. This was the smallest rate of change since February, but still a very large move in any historical context. […]
5 charts from the past week that tell an interesting story in markets and investing… 1) The Other Side of Mania What follows a mania? Investors in Nikola are slowly finding out, with the stock now down 83% from its high in June. 2) Nothing Easy About Investing Remdesivir has been widely regarded as one […]
5 charts from the past week that tell an interesting story in markets and investing… 1) Snowflakes and Bubbles Snowflake ($SNOW) went public this week as the largest software IPO ever. On its first day of trading it reached a market cap high of over $88 billion, trading at an astounding 219x sales. In a […]
5 charts from the past week that tell an interesting story in markets and investing… 1) End of a Trend? The Nasdaq 100 ETF closed below its 50-day moving average today for the first time since April, ending one of the longest runs ever. It is now down over 10% from its recent high, marking […]
5 charts from the past week that tell an interesting story in markets and investing… 1) From Fear to Greed From extreme Fear in March to extreme Greed today. The equity put/call ratio (a ratio of bearish option bets to bullish option bets) has never been lower… We haven’t seen a mania like this since […]
5 charts from the past week that tell an interesting story in markets and investing… 1) How Do You Like Them Apples? Apple is now a $2 trillion company, adding $1 trillion to its market cap over the last year. $AAPL How big is $2 trillion? Who will be the first to $3 trillion? The […]
5 charts from the past week that tell an interesting story in markets and investing… 1) Rising … Inflation? Deflation has been the buzzword nearly all year, particularly from the Fed in justifying their extraordinary easing measures. So it might come as a surprise to see US inflation expectations rising in a vertical fashion. At […]