16 years of Mastercard vs Visa.
Both $MA (21.6%) and $V (20.9%) have remarkable CAGRs over that period. They have been pretty correlated throughout the period, taking over the world in unison. Source: Bloomberg, KoyfinCharts
Chinese Stocks enter technical bull market after rallying 20% off the Jan 22 low
Source: Barchart
Asset Managers are the most long U.S. equity Futures in AT LEAST the last 12 years 👀
Source: Barchart, JP Morgan
One of the most important chart in the asset allocation decision process:
Stocks vs. long duration US Treasuries. The trend is your friend Source: J-C Parets
The correlation between tech stocks and treasuries is now as positive as it was during the peak of the tech bubble in early 2000.
This issue strikes at the heart of conventional 60/40 portfolios, as the risk of overweighting these two asset classes has significantly increased. Source: Tavi Costa, Bloomberg, Crescat Capital
Quality is not cheap...
Source: Goldman
Halfway thru earnings season and buyback announcements are ticking up..
DB notes $85B announced last week. Source: DB
Goldman Sachs and HSBC are saying that funds and global investors are rotating out of US and Japanese stocks
To reposition on the Hong Kong stock market which appears to offer significantly better opportunity. Hong Kong listed companies mainly do business across Asia with limited interference from the Chinese government. Source: Bloomberg
