The Market in Pictures, December 30

by | Dec 30, 2022 | Blog, Charts

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: No shortage of big market stories this year, but among the most widely felt may be the unprecedented rise in mortgage rates



Source: Bankrate as of 12.27.22



John Luke: leading to a serious housing affordability issue



Data as of 12.23.2022



JD: compounding the situation that current mortgage holders don’t want to give up their mortgages



Data as of 12.23.2022



John Luke: Thankfully, housing debt is muted relative to the situation going into the financial crisis



Data as of 12.23.2022



John Luke: and falling markets have also eaten into a good chunk of outstanding margin debt





JD: much of which seemed to have been tied to a host of speculative Greg Odens





John Luke: Federal Reserve forecasts have generally been laughable



Data as of 12.27.2022



John Luke: so the market-driven 2 Year Treasury rate has historically been better at letting investors know where we might be in the rate cycle



Source: Lyn Alden as of 12.23.2022



Joseph: unlike 2020, the cost of hedging equities hasn’t had a corresponding rise in 2022



Source: Piper as of 12.29.2022



Brad: and while it feels like markets have limped into year-end, it’s actually been a strong bounce back quarter away from growth stocks



Source: Piper as of 12.29.2022



Dave: On that note, no reason to expect a quiet return next week. The New Year generally rolls in with outsized action!



Source: Bianco as of 12.29.2022






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