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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