The world used to abide by the saying “when America sneezes the world catches a cold”. But after a lost decade in the USA that saying has come under fire [ … ]
Category: Chart Of The Day
(Just Charts)
POST-BUBBLE PERFORMANCE: NOT A PRETTY PICTURE
In his latest quarterly letter Jeremy Grantham provides some broad thoughts. The most interesting of which is his projection for how the S&P 500 might perform given the history of [ … ]
MONEY SUPPLY UPDATE
The worries over inflation seem to be never ending and while it’s clear that there’s an increasing risk of cost push inflation via oil prices, many indicators are now pointing [ … ]
THE HOUSE PRICE DECLINE – THE 30,000 FOOT VIEW
I can still remember the day I first came across the real house price chart in 2005. For me, it was the defining chart of the housing bubble. After all, [ … ]
NY FED: CONSUMER DE-LEVERAGING CONTINUES
The latest quarterly credit report from the NY Fed shows continued de-leveraging at the consumer level. The consumer credit recession continues unabated. Highlights from the report are attached (via NY [ … ]
3 HUGE SECULAR BULL TRENDS IN INTERNET GROWTH
All those irrational investors who hyped up the internet in the late 90’s might have been on to something after all. And as is generally the case, they were a [ … ]
SOCGEN: 2012 WILL MIRROR 2009
I’ve been having this same thought in recent weeks although markets will never perfectly mirror past markets. Given the high level of fear and the persistent Euro crisis, it doesn’t [ … ]
RUNNING OUT OF ECONOMIC SURPRISES?
Here’s another hurdle the market doesn’t need right now. Citigroup’s economic surprise index is showing elevated levels. This is consistent with a market environment in which analysts have generally grown [ … ]
ANIMAL SPIRITS LEADING TO A RECESSION?
There’s certainly no bull market in sentiment. And rightfully so. A total lack of leadership and what is now clearly a continual economic malaise has consumers feeling downright awful about [ … ]