April 23, 2024
"The US is on track to grow at double the rate of any other G7 country this year, according to IMF forecasts, as the strength of the world’s biggest economy rocks global markets."
cc: @FT pic.twitter.com/qszIPHrQBx
— Steven Rattner (@SteveRattner) April 16, 2024
"No Landing" surging pic.twitter.com/3QijsLF7Iv
— Win Smart, CFA (@WinfieldSmart) April 18, 2024
Is it going to be the 1970s — or the 1940s?#CPI pic.twitter.com/xJrAZRQy3s
— Carl Quintanilla (@carlquintanilla) April 23, 2024
Apollo's chief economist, Torsten Slok, released this chart over the weekend. Below is my version.
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A foreign vacation is the ultimate "thing" that no one needs but everyone wants.As detailed in the repost below, I've been arguing that after the COVID shutdown/restart,… https://t.co/AmTwl6XrKw pic.twitter.com/rt5wNdXJqz
— Jim Bianco (@biancoresearch) April 15, 2024
The LEI’s decline in March was driven by the negative yield spread and weakness in building permits, consumer sentiment, and new ordershttps://t.co/ooc9syBudl pic.twitter.com/5syJuGqS5J
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) April 18, 2024
The US deficit as a percent of GDP is expected to rank right next to China and India by 2025, bigger than countries like Brazil. https://t.co/C6JkSqZhlR pic.twitter.com/nlhXkWOBnQ
— Lisa Abramowicz (@lisaabramowicz1) April 18, 2024
The 10 yr. Treasury yield rules everything in markets (for the most part).
Great chart from @MichaelKantro with 10 yr. Treasury yield levels & likely impact on #stocks.
My view has been the 10 yr. yield likely rises until something breaks. Only way to stop the inflation cycle. pic.twitter.com/vZZaorUCOV
— Matthew Miskin, CFA (@matthew_miskin) April 19, 2024
GOLDMAN: “The first two weeks of May represent the 4th worst two-week period of the year."@dailychartbook $SPX 🇺🇸 pic.twitter.com/clwL1JaQje
— Carl Quintanilla (@carlquintanilla) April 18, 2024
the Mag 7’s YTD performance and how far they are below 2024’s peak – DB pic.twitter.com/uhVXSIzN6P
— Sam Ro 📈 (@SamRo) April 22, 2024
The Magnificent 7’s weighting has reached a record high at nearly 30%.
This is more than the industrials, consumer staples, energy, materials, utilities, and real estate sectors combined.$AAPL $AMZN $META $MSFT $GOOG $NVDA $TSLA pic.twitter.com/4eh6Aoctho
— Beth Kindig (@Beth_Kindig) April 17, 2024
So far, S&P 500’s selloff since late March has been all multiple contraction (forward P/E, blue) as forward EPS (orange) have moved higher pic.twitter.com/su7aJ9rg5q
— Liz Ann Sonders (@LizAnnSonders) April 23, 2024
"Shale has redrawn the map of world oil in a way most people don't seem to understand. It has changed not only the supply-demand balance but it has changed the geopolitical balance and the psychological balance." -Daniel Yergin https://t.co/KW5zx9fbc3 pic.twitter.com/FCi4g1g14B
— Jesse Felder (@jessefelder) April 23, 2024
The @YahooFinance Morning Brief Chart of the Day shows 'the other 495 companies' EPS grow will catch up with the big 5 by Q4.
Nice chart from @_JoshSchafer. pic.twitter.com/c6y6rM1Iio
— Ryan Detrick, CMT (@RyanDetrick) April 23, 2024
Trailing 12m earnings have been flat since mid-2022, enabling the long-term trend to "catch up". Q1 earnings season is still young… pic.twitter.com/fDiHjwFDkj
— Liz Young (@LizYoungStrat) April 23, 2024
there's a lot of market cap announcing earnings on Thursday
also, how great is @bespokeinvest's charts, data pic.twitter.com/qd45JL24BX
— Sam Ro 📈 (@SamRo) April 22, 2024
We must be prepared for what's coming — Power demand – coming out of major technology companies has increased 8x in the last 10 years – JPM
A must-read — https://t.co/0ikPLQPTrL pic.twitter.com/ZGpMdT6IGH
— Lawrence McDonald (@Convertbond) April 21, 2024
From my pal Julian Emmanuel at @EvercoreISI … huge jump in % of companies mentioning AI on earnings calls … comes as management teams try to improve productivity, given we face a decline in the prime-age global workforce pic.twitter.com/XFovdrp8xr
— Kevin Gordon (@KevRGordon) April 23, 2024
A chart I just pulled for a friend: the growth in wages vs. stock prices over every economic expansion since 1970.
Working has always paid the bills, but owning (or investing) has been the path to wealth these past few decades pic.twitter.com/DUwy1ixAEG
— Callie Cox (@callieabost) April 22, 2024
Apollo's Torsten Slok: "In financial markets, a lot of conversations are about public companies, but the reality is that in the US, 87% of firms with revenue greater than $100mn are private." pic.twitter.com/wmOg8ZqVMm
— talmon joseph smith (@talmonsmith) April 20, 2024
🇪🇺 There is hope! pic.twitter.com/TXnbZzRfJt
— Frederik Ducrozet (@fwred) April 23, 2024
E-commerce currently accounts for ~15.6% of US Retail Sales (up from ~10% in 2019).
After pulling forward demand during the pandemic, penetration surpassed 16% before unwinding as global mobility came back. Since then, the long-term trend has been back in force. pic.twitter.com/BdaO8jFuHH
— Koyfin (@KoyfinCharts) April 17, 2024
Some Chips Act thoughts…🧵
600 firms want a slice of a $39b grant pool. With Micron’s $6.1b award next week, almost 85% of that money will be spoken for — vast majority going to four companies that’ll produce advanced chips
Here’s what’s been announced (or legislated) so far: pic.twitter.com/oxgn2VXoGM
— Mackenzie Hawkins (@mackhawk) April 18, 2024
Data center power demand doubling to 8% of total US power demand by 2030 pic.twitter.com/ItKSzbITgT
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) April 17, 2024
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