Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:
Dave: The start of earnings season was a story of “not bad”, with lower price movement than usual for both hits and misses…
Source: Strategas as of 07.25.2022
…and by the end of the week with a clearer picture of decent earnings and stronger sales
Brad: Insiders showing signs of starting to put money to work at lower prices
Source: Strategas as of 07.26.2022
JL: The yield curve continues to head negative…
Data as of 07.27.2022
…as markets adjust to the Fed’s historically sharp interest rate hiking cycle
Source: Bianco as of 07.27.2022
Joseph: US crude oil supply is trickling along near its lows…
Source: EIA as 07.27.2022
…despite a large draw from our Strategic Petroleum Reserves
Data as of 07.26.2022
JL: The Fed has one eye on economic data but likely also aware of the large debt expansion in recent decades
Source: Lyn Alden as of 07.27.2022
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The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. The CPI reflects spending patterns for each of two population groups: all urban consumers and urban wage earners and clerical workers.
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