The Market in Pictures, May 27

by | May 27, 2022 | Blog, Charts, Market Updates

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and why:

1) JL: hard to believe Fed Funds rate is still only 1% given the CPI backdrop, real yields are quite negative

 

Source: Bianco Research as of 5/25/2022

 

2) Dave: the majority of stocks have already dropped >20%, maybe the S&P just finally caught up.

 

Source: PSC as of 5/23/2022

 

3) Brad: and what’s odd is performance and flows aren’t following their usual script:

Source: Strategas 5/23/2022

  

4) JD: looks like a bit of room for the Energy : Tech spread to keep narrowing?

 

  Source: The Felder Report, 5/20/2022

 

5) Joseph: and to confirm where capacity lies, look who has added workers, and who has reduced. Or better word…slashed workers!

 

Source: Strategas 5/24/2022

 

 

Disclosures

 

Past performance is not indicative of future results. This material is not financial advice or an offer to sell any product. The information contained herein should not be considered a recommendation to purchase or sell any particular security. Forward looking statements cannot be guaranteed. 

This commentary offers generalized research, not personalized investment advice. It is for informational purposes only and does not constitute a complete description of our investment services or performance. Nothing in this commentary should be interpreted to state or imply that past results are an indication of future investment returns. All investments involve risk and unless otherwise stated, are not guaranteed. Be sure to consult with an investment & tax professional before implementing any investment strategy. Investing involves risk. Principal loss is possible. 

The S&P 500® Index is the Standard & Poor’s Composite Index and is widely regarded as a single gauge of large cap U.S. equities. It is market cap weighted and includes 500 leading companies, capturing approximately 80% coverage of available market capitalization.

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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