CBOE Volatility Index $VIX jumps to highest level in more than 2 months
Source: Barchart
BREAKING: PPI data
- Core PPI comes in at 0% m/m vs 0.2% forecast - Core PPI comes in at 1.8% y/y vs 2% forecast - Headline PPI comes in at -0.1% m/m vs forecast of 0.1% - Headline PPI comes in at 1% y/y vs 1.3% forecast A colder than expected print across all readings! Source: Bloomberg, Markets & Mayhem
FASTEST easing of Financial Conditions in HISTORY
Source: WinSmart, BofA
The Dow plunged by 470 points yesterday amid what seems to be a massive sell-program
Indeed, starting around 1430ET yesterday, the biggest sell-program since July smashed Wall Street. For context, this size of selling pressure is unusual... Source: Bloomberg, www.zerohedge.com
Total return indexes - the long view
Source. Compounding Quality
BREAKING: an ATH for the Dow > 37k !
The Dow Jones rose to its highest level ever following latest Fed meeting—which left rates unchanged & predicted 3 possible cuts in the coming year—as cheer continues to flood equities markets at year’s end. Breaking its prior ATH of nearly 37,000 set in January 2022 Dow rose >37k. Source: Bloomberg
As of the end of October, investor's sentiment index was almost at maximum fear
But November turns out to instead be among one of the greatest months in stock market history. Source: J-C Parets
''But the stock market is doing great!'' Well: are you sure? It all depends which index you are looking at
Source: Alfonso Peccatiello - The Macro Compass
