Charts of the Week
A Long-Term Look at Wheat Prices
August 4, 2023
A long-term look at wheat prices
A long-term look at wheat prices
Some interesting charts from our recent posts
Today's topics include more on the U.S. downgrade, a few more details on the Treasury's buyback program, two heavyweights on opposite sides of bonds, the correlation between stocks & bonds, the ever-evolving bond market, some hope for a tight housing market?, quantifying inflation's decline across the globe, and further evidence of financial strains
Today's topics include the U.S. loses its AAA status, a list of countries with higher ratings than the U.S., when will the SPR be refilled?, consumer spending, fewer workers quitting their jobs, pricing in an AI premium, more on the magnificent seven, and some humor regarding the U.S. downgrade
The bank walk and the subsequent tightening of credit standards is continuing. It impacts small and medium-sized firms, many of which are not publicly traded. This will continue as long as banks offer paltry interest rates compared to market rates. This will not lead to another bank failure, but will impair profitability and keep lending standards tight, making credit hard to get for those who cannot bypass banks.
By just about any measurement, tech stocks are experiencing one of their best total return periods on record.
Today's topics include Dudley criticizes soft landing crowd, over half of Americans living paycheck to paycheck, impressive earnings don't impress investors, interpreting recession indicators, cash on the sidelines, El-Erian says expectations are too optimistic, another pause in September?, and issues mount in China
Q2 2023 earnings reports have started to come in. S&P 500 operating earnings are expected to decline in 2023, with a rebound later in the year and into 2024.
Today's topics include all in on the idea of a soft landing, one data point suggesting a hard landing, the drivers of lower inflation, housing's supply problem, the Treasury releases its quarterly refunding plan this week, could BoE follow ECB in halting interest on reserves?, stocks vs. bonds, balancing interest payments & interest income, and entertainment spending