Have we seen the largest wealth destruction in history?
Have we seen "capitulation" yet? Source: Stansberry (Greg Diamond).
Commodities outperformed during the stagflationary 70's
Are we at the start of a new commodities outperformance cycle? Source: Gigi Penna, Bloomberg
US small & mid caps stocks valuations remain cheap
The absolute forward P/E for the Russell 2000 suggests double-digit annualized ten-year returns Source: BofA
S&P 500 Energy Index has climbed to highest since late 2014
[Past performance is no guarantee of future results] Source: Bloomberg, Liz Ann Sonders
#apple #energy #market-caps
The venture capital index is now down 62% from its peak, not too far from its March 2020 lows. Source: Willie Delwiche
Fed tightening forecasts are jumping
Fed tightening forecasts are jumping w/cycle ceiling jumps to 4.9% after hot US inflation data. Source: Bloomberg
hedge funds
Uncorrelated hedge funds strategies (CTAs, Macro, Multi-strategy) are doing well in 2022 – see below YTD performance as of the end of September. Source: Aurum
#cramer #etfs
The venture capital index is now down 62% from its peak, not too far from its March 2020 lows. Source: Crescat Capital, Bloomberg
