European Stocks are on track for their 8th consecutive green week which would be their longest winning streak since 2022
source : barchart
In case you missed it...energy stocks relative performance vs sp500 has turned around at the end of February...
Source: J-C Parets
Why you need to invest, in one chart...
Over the last 30 years, the purchasing power of the US consumer dollar has been cut in half due to inflation. At the same time, the sp500 has gained 840% (7.8% per year) after adjusting for inflation... Source: Charlie Bilello
Who Remembers March 12, 2020?
Source : fintwit
Who are Europe's GRANOLAS?
Novo Nordisk $NVO LVMH $LVMUY ASML $ASML Nestlé $NSRGY L'Oréal $LRLCY SAP $SAP Roche $RHHBY AstraZeneca $AZN Novartis $NVS Sanofi $SNY GSK $GSK Source: App Economy Insights
Semiconductor stocks have reached their highest valuation compared to the S&P 500, exceeding the levels seen during the dot-com bubble peak.
source : bloomberg
Stock Bubble mentions in the media are at 2-year highs but still well short of the meme-stock mania period in early 2021
source : bloomberg, barchart
Lowest Number of S&P 500 Companies Citing “ESG” on Earnings Calls Since Q2 2019
Through Document Search, FactSet searched for the term “ESG” in the conference call transcripts of all the S&P 500 companies that conducted earnings conference calls from December 15 through March 7. Of these companies, 29 cited the term “ESG” during their earnings calls for the fourth quarter. This number is below the 5-year average of 82 and below the 10-year average of 43. In fact, this is the lowest number of S&P 500 companies citing “ESG” on earnings calls going back to Q2 2019 (22). Since peaking at 155 in Q4 2021, the number of S&P 500 companies citing “ESG” on quarterly earnings calls has declined (quarter-over-quarter) in nine of the past ten quarters. At the sector level, the Financials (6), Utilities (5), and Health Care (4) sectors have the highest number of S&P 500 companies citing “ESG” on earnings calls for Q4. On the other hand, the Utilities (17%) and Energy (15%) sectors have the highest percentages of S&P 500 companies citing “ESG” on earnings calls for Q4. source : factset
