The Market in Pictures, February 17

by | Feb 17, 2023 | 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:

 

John Luke: It’s been awhile since 5% rates were an option for investors, things looked different back then

 

Source: Strategas as of 02.14.2023

 

Dave: and over the past few months stocks have risen despite adverse changes in rates (higher) and earnings (lower)

 

Source: Strategas as of 02.14.2023

 

Dave: Shelter is the current discussion point in the inflation debate

 

Source: Bianco as of 02.15.2023

 

John Luke: but the price pressures are as hot as they’ve been across a number of areas

 

Data as of 02.15.2023

 

John Luke: and job switchers are having no problem getting pay raises

 

Data as of 02.13.2023

 

Dave: 2023 has started with a high number of earnings pre-announcements relative to the past

 

Source: Strategas as of 02.14.2023

 

Dave: and earnings shortfalls sometimes take awhile to turn into actual recessions

  

Data as of 02.10.2023

 

John Luke: Equity valuations have remained stubbornly high given the lift in real yields

 

Data as of 02.10.2023

 

John Luke: We share this one regularly: Is the bond market FINALLY believing what the Fed keeps telling them?

 

Source: Bianco, as of 02.15.2023

 

 

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Advisory services offered through Aptus Capital Advisors, LLC, a Registered Investment Adviser registered with the Securities and Exchange Commission. Registration does not imply a certain level or skill or training. More information about the advisor, its investment strategies and objectives, is included in the firm’s Form ADV Part 2, which can be obtained, at no charge, by calling (251) 517-7198.

Aptus Capital Advisors, LLC is headquartered in Fairhope, Alabama.

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