US Equities vs Industrial Production
An interesting graph that illustrates just one of the diverging trends in the not so great US economic data vs the performance of the resilient US equity market. Next week the US Industrial production...
View ArticleUS Equities vs Durable Goods Orders
Another US economic data point I’d like to share in graphical form. The graph of the S&P 500 index vs the year over year percentage change in US Durable Goods Orders tells the same story as the...
View ArticleUS Equities vs Personal Consumption
Last graph (for now) on the divergence between the US equity market and the US economy, specifically the consumer spending component of the US economy. This is generally the lowest correlation of the...
View ArticleUS Small Caps At Inflection Point
Keeping tabs on the relative performance of the US small caps (using the Russell 2000 or another US small cap index) vs the S&P 500 is always interesting. One of the several parameters that gives...
View ArticleContinued Mixed Signals in Global Markets
A quick post on the performance of some select global indices the past 3 months. I know it’s always subjective to measure performance from one specific point (especially short-term), but as usual, the...
View ArticleGiving Way to the Gods of Destruction
As we approach the previous peak in the S&P 500 index, I’m sure talk of making a new post-recession peak and all time high for the S&P 500 index will draw the index towards those previous peak...
View ArticleWhy Such Fuss About US Interest Rates?
This is one of those topics where one has apprehension about posting publicly because the topic can be argued so many different ways. And to make it worse, it’s like residential real estate, everyone...
View ArticleVR View Links and Notes (Jan 16 2013)
There are some important company earnings reports and economic reports due out in the next couple of weeks. I want to take time to review them carefully before saying too much as we’re at a critical...
View ArticleIt’s Almost Too Quiet
It’s almost too quiet these days in the capital markets. Despite the Wall Street MSM continuing to pump the theme “everyone hates equities” and aside from the fact that the anemic trading volumes on...
View ArticleAs Good As It Gets
As Good As It Gets I was going to leave the following observations to a more comprehensive blog post I’m working on. But after the euphoria of last weeks seasonally adjusted US initial unemployment...
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