The Market in Pictures, July 1

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   Dave: there hasn’t been a single instance in 50 years of Fed Funds < CPI at the end of a tightening cycle   Source: Strategas as of 6/27/2022...

The Market in Pictures, June 24

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   John Luke: not hard to see what’s driving the equity market’s appetite for risk Source: Piper Sandler as of 6/24/2022     Brad: major shortages...

The Market in Pictures, June 17

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   JL: by any measure, the inflation picture is different than the past two decades    Dave: heading for only the 4th instance of back-to-back tandem...

The Market in Pictures, June 10

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   1) JD: this stayed on the “anti-correlation” side for a few years but 2022 has kicked off another red/high correlation period   ...

The Market in Pictures, June 3

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:   Dave: market selloffs of the past decade have repriced equities to mid-teens PE ratios. This one not in that range yet, at least on a trailing basis...

The Market in Pictures, May 27

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why: 1) JL: hard to believe Fed Funds rate is still only 1% given the CPI backdrop, real yields are quite negative   Source: Bianco Research as of 5/25/2022...