5 Oct 2023
A lot has changed over the last two years...
Source: Charlie Bilello
5 Oct 2023
You are here...October and November alone have the highest average monthly return relative to any other months of the year
Source: TME, Equity Clock
5 Oct 2023
10-Year Treasuries have declined 46% from the peak in March 2020 which is among the greatest meltdowns in financial history including the 49% drop in equities during the Dotcom Bubble
Source: Bloomberg, Barchart
5 Oct 2023
Changes in earnings vs changes in prices
By: Brian Feroldi
29 Sep 2023
Very strange to see the US spending like we are in a recession while calling for a "soft landing."
As highlighted by The Kobeissi Letter, the US is now spending 44% of GDP per year, the same levels as World War 2. Deficit spending alone is a massive 6% of GDP per year. Since the debt ceiling crisis, the US has been borrowing ~$14 billion PER DAY to cover deficit spending. By 2033, Bloomberg projects deficit spending will be ~7% of GDP... Source: CBO, The Kobeissi Letter
28 Sep 2023
Cash now earns more than the S&P 500 by the largest margin in 23 years
Source: TME, Bloomberg
25 Sep 2023
Norway sovereign fund’s assets have ballooned to over $1.4 trillion
That puts Norway's sovereign fund at a similar size to that of China's — yes, the same China that has more than 260x as many people as Norway has. Source: Chartr
25 Sep 2023
The main driver for stock returns
Source: BCG, Morgan Stanley Research thru Compounding Quality
