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Weekly Chartbook

By: Aaron Lang - Portfolio Analyst

December 14, 2021

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Market Performance (Last Week)



Source: YCharts
Disclaimer: Past performance is no guarantee of future performance

The Good News

Household net worth has skyrocketed

Strong growth expected to continue next year

And initial jobless claims are now very, very low

The Mixed News

Inflation is high, but last Friday’s report was in line with expectations

And here’s what’s leading the inflation charge

And there’s good reason to believe rent is actually understated right now (thread)

The Bad News

Although increasing, wage growth is still shy of recent inflation numbers

But with the unexpected rise in job openings & record high profit margins, there’s still room for higher wage increases 

And PPI came in much higher this morning

The State Of The Market

Last week was very strong

But it’s been pretty concentrated 

And the weightings of the top 5 just keep going up

And it seems like their weightings are decoupling from their earnings contribution

So where could we be in the market cycle?

And so now all eyes turn to the Fed


Charts Of The Week


Disclosure

Clear Rock Advisors, LLC is registered with the SEC as a registered investment advisor with offices in Texas. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Clear Rock Advisors, LLC) or any investment-related or financial planning consulting services will be profitable, equal any corresponding indicated historical performance level(s), or prove successful. It remains the client’s responsibility to advise Clear Rock Advisors, LLC, in writing, if there are any changes in the client’s personal/financial situation or investment objectives for the purpose of reviewing, evaluating or revising Clear Rock Advisors, LLC’s  previous recommendations and/or services, or if the client would like to impose, add to, or modify any reasonable restrictions to Clear Rock Advisors, LLC’s services. A copy of Clear Rock Advisors, LLC’s current written disclosure statement discussing its advisory services and fees are available upon request.