7 Nov 2023
CTAs are currently short $52 billion in U.S. equities, the largest short position in AT LEAST 5 years
Source: barchart
7 Nov 2023
Total Returns since inception of the S&P 500 ETF in January 1993...
S&P 500 ETF $SPY: +1,640% Berkshire Hathaway $BRK.A: +4,100% Apple $AAPL: +40,580% Source: Charlie Bilello
6 Nov 2023
Median sector returns in the year before Election Day: Tech does not like elections
Source: TME, GS
6 Nov 2023
⚠️BREAKING: *SOUTH KOREA TO RE-IMPOSE STOCK SHORT-SELLING BAN THROUGH JUNE
Source: www.investing.com
3 Nov 2023
Interest costs as a share of US corporate profits are near the lowest levels in 40 years
This is partly because many companies have locked in long-term financing at low rates. This has kept profit margins elevated. Maybe companies are better to manage their debt schedule than the US Treasury... Source: The daily shot, Lance Roberts
3 Nov 2023
This sweet spot where you have "pretty solid" companies with ROE of 10-20% and price-to-sales ratios under 1.0 is virtually non-existent in the US
Only 20 companies in the S&P 500 fit that profile. In Japan, such companies are one-sixth of the Nikkei 225 - source: Jeff Weniger
3 Nov 2023
Annualized Total Returns over the last 7 years...
US Stocks: +8.8% US Bonds: -0.3% US 60/40: +5.4% Source: Charlie Bilello
2 Nov 2023
JP Morgan Asset class and style returns by year + October returns
Despite a pullback in October, Growth stocks continue to lead in 2023 by a big margin
