31 Jul 2023
US diesel vs inflation: if history is any guide, recent pop of US diesel prices could imply CPI going back over 4%
Source: BofA
31 Jul 2023
The supply story in oil is getting worse
Source: MenthorQ
31 Jul 2023
The S&P 500 Technology sector forward P/E to that of the SP500 is not as expensive as it was during the Internet bubble
However, the PEG ratio (forward PE divided by consensus long-term EPS growth rate) is roughly at the same level. Source: Game of Trades
31 Jul 2023
More than half of the major markets in the Bloomberg World Index are now recording positive breadth signals.
Source: Bloomberg, Gina Martin Adams
31 Jul 2023
Another massive us earnings week ahead
Tuesday: $UBER, $AMD, $PINS Wednesday: $PYPL, $SHOP, $U Thursday: $AMZN, $AAPL, $COIN, $SQ, $ABNB, $NET Friday: $FUBO, $NKLA Source: Earnings Whisperers
31 Jul 2023
The SP500 is now 5% higher than where it was when the Fed started hiking rates in March 2022. $SPX
Source: Charlie Bilello
31 Jul 2023
“We keep this picture in the office to remind our people that one should always look for opportunity away from where the crowd is going.” -Bruce Flatt, CEO Brookfield Asset Management
Source: Compounding Quality Chris Quinn
31 Jul 2023
Housing is becoming unaffordable!
Over the last decade, property prices have steadily increased in many regions The index in the UK is lower than the global average, whilst the US is substantially higher. Source: Genuine Impact
