14 Aug 2023
Many are concerned that higher rates will hurt growth, but it turns out that a lot of S&P 500 companies have locked in debt at much lower rates until 2030
Source: Bloomberg, Goldman Sachs
14 Aug 2023
Out of 20 valuation metrics, the SP500 is currently overvalued on 19 of them relative to historical levels
Source: Barchart
11 Aug 2023
During stagflationary periods, the SP500 index tends to be inversely correlated with inflation
Tavi Costa: "From the late-1960s to the mid-1970s, equity markets declined whenever CPI rates re-accelerated to the upside. The primary driver behind this negative correlation stems from the market's growing concern about the potential for a tighter monetary policy to address the persistent increase in consumer prices". Source: Crescat Capital, Bloomberg
9 Aug 2023
SP500 seasonality and 4-year cycle analysis suggests a consolidation before a year-end rally
Source: Nautilus Research
7 Aug 2023
Should you do the opposite of what Wall Street strategists say? Data over the last 3.5 years suggests that strategists underperform the S&P 500
Source: Barchart, Bloomberg
3 Aug 2023
“.. when the S&P 500 is +10% or better YTD at the July-end mark.”
Source: Carl Quintanilla, Bloomberg
2 Aug 2023
It's now been 40 days since the SP500 had a down 1% day...
Source: Bloomberg, www.zerohedge.com
2 Aug 2023
The top 10 stocks in the S&P 500 now account for a record 31% of the ENTIRE index
Just 8 years ago, the top 10 stocks accounted for 17% of the index. A few stocks continue to drive the entire market. Source: The Kobeissi Letter
