Latest Articles
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S&P500 Hits Longest Stretch Without A 1% Decline In The Current Bull Market (At 68 days now)
Interesting chart from LPL Research shows the S&P500 has gone 66 (now 68) days without a decline of 1% or more. This is now ... -
US Drillers Add Most Rigs In Nearly Four Years
Over the weekend OPEC confirmed compliance amongst its members for the production cut was running ahead of schedule. Of the planned 1.8 million barrels ... -
January Has Been Characterized By Reversion Trades
Aside from the large “reflation trade” moves today the market consolidation since December has been characterized by reversion trades. The following chart from Strategas ... -
Global Correlations Have Crashed
In a recently published report Morgan Stanley highlights the massive and simultaneous drop in regional, cross-asset, individual stock and FX correlations, which is unusual ... -
US New Homes Sales Drop In December
The latest new home sales data showed that purchases of new homes in the US fell 10.4% in December to a 10-month low. Since ... -
Canadian GDP Rebounds In November
The latest data from Statistics Canada showed Canada’s GDP rose 0.4% in November topping estimates of 0.3%. This was the fifth increase in Canadian output ... -
Market Often Drops In February Under Presidents First Term
Interesting chart from Strategas Research Partners shows that the market generally struggles in February after a new president is elected, see below. This coincides ... -
80 Days Without A 1% Selloff
The streak of consecutive days without a 1% selloff continues reaching 80 days today. This streak is the longest since the financial crisis surpassing ... -
China FX Reserves Break $3 Trillion Hit 5 Year Low
China’s FX reserves continued to decline in January although at the slowest pace in seven months. Reserves fell $12.3 billion breaking the $3 trillion ... -
Foreign Governments Selling US Treasuries At Record Pace
A nice chart from Goldman Sachs shows foreign official institutional investors have been selling US treasuries at a record pace which has only accelerated ...
