Charts of the Week
A Long-Term Look at Energy Generation
October 21, 2022
A long-term look at energy generation
A long-term look at energy generation
Some interesting charts from our recent posts
Today's topics include Jim discusses the post pandemic economy, how long can the BoJ maintain yield curve control?, finding the next problem in the bond market, quitting the QE drug is tough, taking on a second job, taking shelter in cash, the global housing market, the perks of being a Washington insider, subsidizing higher energy prices, and Dr. Doom sees central banks blinking
Today's topics include more on the yen & yield curve control, forecasting how fast inflation will fall, banks' cash holdings, getting bullish on bond ETFs, the analogy of Fed policy as a controlled burn, Kashkari talks inflation & labor market, comparing pensions in the US & UK, modeling the odds of recession, high demand for LNG tankers, and stocks' reactions to earnings
Total options volume has soared since the end of 2019 as retail traders have become dominant in using short-dated (less than a week) options as speculative tools. With the macroeconomic backdrop constantly changing, they bounce back and forth between puts and calls, This is amplifying volatility in markets.
Today's topics include the BoE denies rumors of delayed QT, Lawrence summers on inflation, gilts vs. treasuries, the midterms, the yen continues falling, the neutral rate & financial instability, the odds of recession, the latest from BofA's survey, and checking in on the SPR
Rising yields are taking their toll on the S&P 500, so much so that stocks are currently more volatile than Bitcoin. Without a Fed pivot in sight, stocks may have to have a sharp correction before yields stop moving higher.
Opinions among bettors and election models are diverging, with bettors thinking Republicans are in a better place than models suggest. Nate Silver of FiveThirtyEight dismissed bettors who "aren't that smart."
Earnings growth expectations for the next several quarters are declining amidst slowing growth and tighter margins. Q4 and 2023 earnings are expected to rebound slightly.