The following chart is from Societe General. It clearly shows how inept economists and analysts are at forecasting future economic conditions. This makes you wonder just how useful forecasts are [ … ]
Category: Chart Of The Day
(Just Charts)
CHART OF THE DAY: 1929 VS 2009
David Rosenberg notes the 80% correlation between the 1929 rally and the 2009 rally. Of course, I believe this is a unique event that will likely correlate closely to none [ … ]
CHART OF THE DAY: A DOW BUY SIGNAL
Interesting piece of data here from Bloomberg: July 29 (Bloomberg) — The Dow Jones Industrial Average is sending a buy signal that has foreshadowed gains of 18 percent during the [ … ]
CHART OF THE DAY: A P/E RATIO OF 122?
Just how cheap is this market?
CHART OF THE DAY: PUTTING EARNINGS IN PERSPECTIVE
A good look at why earnings have been better than expected:
CREDIT MARKET UPDATE
Credit indicator update:
RECORD STOCK SALES A BOON FOR INVESTMENT BANKS
As corporations pour stock on the investing public at a record pace the beneficiaries of this dilution are the underwriters. The conspiracy theorists and Goldman Sachs lovers are going to [ … ]
CHART OF THE DAY: PROJECTED HOME PRICES
Excellent updated 100 year Case/Shiller home price chart. Looks like the declines have a ways to go: Cullen RocheMr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline [ … ]
CHART OF THE DAY: RECOVERY IN METALS PRICES?
From Bloomberg: Investors displaying “a bout of impatience” for a worldwide economic recovery may soon find relief, according to Tim Bond, head of global asset allocation at Barclays Capital. “The [ … ]