U.S. Earnings Revisions Index from @Citi has been negative for 13 consecutive weeks.
Source: Liz Ann Sonders, Bloomberg
The army of retail investors is fighting the US stock market:
Mom-and-pop investors have bought US equities for 7 days STRAIGHT ending Wednesday. Individuals have sold stocks on net only in 7 trading sessions out of 52 in 2025. Is the army of retail investors going to win? Source: Global Markets Investor @GlobalMktObserv
US tariffs on April 2nd: Will it be not as bad as expected?
A “Trump put” ahead? Some articles caught a lot of bullish notice this weekend. S&P Futures are going UP this morning Source: Bloomberg, WSJ
How Top Economies Stack Their Reserves...
Gold account for 75% of US reserves, the largest share among major economies. China holds the world's biggest reserves - but only 5.5% is gold... Source: Brad Moseley
Americans expect credit application REJECTIONS at a higher rate than ever:
The perceived likelihood of credit application rejections: Auto loan: 34%, the highest on record Mortgage: 48%, the highest on record Credit card: 32%, the 3rd-highest ever Card limit increase: 39% Source: Global Market Investors, Bloomberg
Categories that US adults are likely to cut back on if tariffs lead to higer prices
source : emarketer
Fund Managers just rotated OUT OF U.S. Stocks at the fastest pace in history
source :BofA
How often do market corrections lead to a recession in the US?
There have been 60 S&P 500 corrections including the most recent one, according to Deutsche Bank analysis. Historically, in 12% of corrections, a recession had already begun in the previous 12 months. 32% of the time a recession took place within the next 12 months. In 56% of corrections, the US avoided an economic downturn within the next 12 months. In other words, market corrections are only accompanied by a recession ~44% of the time. Can we avoid a recession this time? Source: The Kobeissi Letter
