28 Sep 2023
Consumer balance sheets are getting stretched
Accumulating debt during a low interest rates environment is one thing. But in light of the continuous surge of the price of money, the US consumer is probably starting to feel the pain Source: Crescat Capital, Bloomberg
25 Sep 2023
First time in 2023 that ElectionBettingOdds has had Trump in the lead
Source: Bespoke
16 Aug 2023
After adjusting for inflation, US retail sales fell 1.3% over the last year, the 9th consecutive YoY decline
That's the longest down streak since 2009. Nominal retail sales increased 2% YoY vs. a historical average of 4.7%. Source: Charlie Bilello
7 Aug 2023
US Bank credit YoY is now -0.2% YoY. First time negative since 08 (Keep in mind that in the US about 25% of credit is securities and the other 75% loans)
Source: FRED, Adem Tumerkan
3 Aug 2023
Despite the strong upward move of the Citigroup US economic Surprises index and the strong YTD performance of financial assets, there are signs that things are that rosy for the SU economy
Source: TaviCosta
25 Jul 2023
US credit delinquencies including housing have now risen above 2009 levels.
Source: Sven Henrich
17 Jul 2023
Nokia sold 437 million phones in 2007. And Apple sold 1.4 million iPhones. Apple will sell more than 220 million iPhones this year
Nokia sold 437 million phones in 2007. And Apple sold 1.4 million iPhones. Apple will sell more than 220 million iPhones this year. And Nokia no longer makes its own phones. Source: John Erlichman
17 Jul 2023
Bullish sentiment on equities is getting even more bullish
Bullish sentiment on equities is getting even more bullish. Source: TME, Goldman Sachs
