The breaking of this relationship is a measure of stress in markets ...
It continues to widen, i.e higher rates are not supporting the dollar right now. Does it mean they might have to go a lot higher to stop the dollar from falling??? Source: Bianco Research
This chart shows how much uncertainty driven by Trump affects all major asset classes — including stocks, bonds, currencies and oil
Stock market volatility is still leading the way, but what's more concerning is that volatility is rising across the board. All the major volatility indices are climbing at the same time, which reflects the growing global uncertainty caused by US trade policy coming out of DC. (via SRP) Source: HolgerZ
We're back to having 0 companies with a $3+ Trillion market cap
Source: Evan
Tech smash
Source: Sven Henrich @NorthmanTrader
‼️Wall Street strategists are CAPITULATING on earnings estimates:
➡️ S&P 500 earnings have been revised DOWN for 17 consecutive weeks, the longest streak since the 2022 BEAR MARKET. ➡️The share of firms with higher less lower EPS revisions hit 48%, the highest since the 2020 CRISIS. Source: Global Markets Investor, Liz Ann Sonders, Bloomberg
🔴 It took 45 years to get there, but inflation-adjusted Gold prices are back at an all-time high, surpassing the prior peak from 1980 🚀 $GOLD
Source: Charlie Bilello
Gold hit another all-time high yesterday and is now up over 27% in 2025.
On pace for its best year since 1979. Source: Charlie Bilello
🔴 A very interesting chart by Jeff Weniger on X
You're looking at the highest reading on record in 1,841 weekly stock market sentiment observations from 1990 to 2025. ▶️ The inputs: the VIX volatility index + AAII survey bearish respondents + Investors Intelligence survey respondents who expect a correction. ▶️In 10 of the last 11 fear spikes, the S&P 500 went on to gains over the next 52 weeks. Returns were often large too (+31.0%, +21.0%, and so on)...
