Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and how they help fill the puzzle of evidence:
Dave: Traditional diversification has not helped most portfolios in 2022
Source: PSC as of 09.06
Brad: and the commodity rally is even more odd in the context of a historic US Dollar rally
Source: Strategas as of 09.08
John Luke: Markets are now firmly in the “75 bps hike” camp for the Sept 21 FOMC Meeting
Data as of 09.07.2022
Dave: EPS estimates are trickling lower but not to the extent one would expect in a possible recession
Source: Strategas as of 09.08.2022
Dave: with major concentration risk in some key sectors(think, Alphabet/Meta driving ½ of Communication Svcs)
Source: Strategas as of 09.08
Joseph: Energy prices remain supported by low capital spending in recent years
Source: Strategas as of 09.07
Joseph: with no relief in sight based on future lease projections
Data as of 09.08.2022
John Luke: The labor productivity decline has been historic
Data as of 06.30.2022
John Luke: and feeds the bear market in bonds that is pushing to unprecedented length in modern history
Source: Strategas as of 09.06
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