The latest reading on April margin debt at the NYSE showed an all-time high. The most recent reading of $384,370MM topped the all-time high from July 2007 when margin debt [ … ]
Category: Chart Of The Day
(Just Charts)
There Goes the Nikkei….
Another reason why it’s important for people to start thinking about secondary markets as saving and not investment. When your accumulated savings starts swinging 7% intraday it makes it hard [ … ]
The Portfolio Manager Strategy Cycle
I get a kick out of watching how the cycle of emotions never changes over time. If there’s one guarantee in the markets it is that people respond to the [ … ]
Air Cargo Volume Points to Continued Economic Weakness
Here’s a nice alternative indicator from our friend Martin over at Macronomics. He provides us with Nomura’s air cargo indicator and some more color on the current reading: A regular [ … ]
A Great Divergence?
Just throwing this chart out there for everyone to chew on. Look at lumber prices relative to the homebuilders stock index. Talk about a divergence! Cullen RocheMr. Roche is the [ … ]
177 Days Without a 5% Correction….
It’s no secret that the equity market feels invincible right now. How invincible though? How about this. We’ve now gone 177 days without a 5% correction. That’s a new record [ … ]
Rail Traffic Stabilizing in Low Single Digits
Rail traffic trends have been undoubtedly weak in recent weeks as we’ve seen double digit year over year growth slide into negative territory. This brought our 12 week moving average [ … ]
Corporate Profits as a Percentage of GDP Hits All-Time High
Interesting bit of big picture perspective here from Mark Thoma’s blog. The chart shows after tax corporate profits as a percentage of GDP. Depending on your perspective you might be [ … ]
Low Inflation – It’s a Global Phenomenon
Despite persistent worries about “money printing” and the Fed’s actions, inflation has remained benign in the USA. But you might be surprised to notice that this isn’t merely a US phenomenon. It’s actually a global trend.