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: Early-year strength in stocks has tended to lead to healthy performance


Source: Strategas as of 03.04.2024


Brett: though that pattern has not gone unnoticed


Source: Hi Mount as of 03.06.2024


Brian: and the cost of taking the other side of that pattern has fallen to pre-Volmageddon levels


Source: Aptus as of 03.06.2024


Beckham: We’ve seen business conditions strengthen across all sectors for the first time since April 2022


Data as of 03.04.2024


Brad: though when it comes to stocks it’s a semiconductor party and everyone else is just hoping to join along


Source: Strategas as of 03.05.2024


John Luke: with Nvidia by far the belle of the ball


Source: @dampedspring as of 03.07.2024


John Luke: The market finally seems to be about in gear with Fed expectations of delayed rate cuts


Data as of 03.06.2024


Joseph: as near-term inflation expectations move well above the Fed’s target rate


Data as of 03.06.2024

John Luke: which is a hard thing to reverse when spending is as strong as it’s been


Data as of 03.05.2024


John Luke: Corporations loaded the boat on high-yield bond issuance when rates were at the historic COVID lows


Data as of February 2024


John Luke: and while yields are higher today, new buyers aren’t demanding much compensation for credit risk


Source: Fidelity as of January 2024


Beckham: Like corporations, individuals with mortgages are generally sitting pretty with low fixed rates


Data via Bloomberg as of February 2024


Beckham: but non-mortgage debt is starting to grab a larger portion of consumer interest payments


Data via Bloomberg as of February 2024


Brad: If a recession is coming, it’s not being reflected in the performance of normally defensive sectors


Source: Strategas as of 03.07.2024


Brian: Buying “cheaper” stocks hasn’t delivered much value in recent years, but smaller stocks are in what has historically been an area from which better returns can take place


Data as of 03.07.2024




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 Projections or other forward-looking statements regarding future financial performance of markets are only predictions and actual events or results may differ materially.

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