Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:
Dave: Earnings estimates held up into Q3 but are starting to fall at a decent clip
Source: PSC as of 12.12.2022
Joseph: with the range of possibilities widening, mostly to the downside
Data as of 12.09.2022
JL: and margins the big wild card
Data as of 12.12.2022
JL: Monday was a really unusual day, and it turned out the VIX was more right than stocks
Source: Strategas as of 12.13.2022
Dave: Speaking of odd behavior, seeing inflows to an asset class during a time of poor performance is quite unusual
Source: Strategas as of 12.05.2022
JL: Fed talk starting to split apart from market expectations
Source: Bianco as of 12.14.2022
JL: with many pundits expecting a highly unusual market low long before curve inversion has peaked
Source: Lyn Alden as of 12.13.2022
Joseph: Exploration and Production continues to run at low levels
Data as of 12.12.2022
Joseph: as energy companies invest in dividends and buybacks vs. capital investments
Data as of 09.30.2022
JL: Rates may not be done rising, but at least you finally have some yield to compensate against possible price depreciation
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