Charts of the Week
Weekly Research Roundup
August 26, 2022
Some interesting charts from our recent posts.
Some interesting charts from our recent posts.
Continuing with our commentary on energy markets, gas prices at the pump exploded higher for US and global customers. Both crude oil and natural gas exhibited divergence in sentiment and positioning. Gasoline shows a similar trend to a lesser extent.
Today's topics include growing concerns over QT, supply constraints & US inflation, energy crisis in Europe continues, markets moving in sync, 'mea culpa' is not a phrase in central bankers' lexicon, student debt forgiveness, stock market sentiment, weighing the costs & benefits of the 20-year Treasury bond, shale profitability, and saving crypto
Today's topics include previewing Jackson Hole, defending Powell's fight against inflation, inflation's effects by income levels, housing surprising to the downside, bearish crude oil traders, another look at growth & value's correlation to yields, the tight labor market, rising energy costs, and work from home changes the economy.
Energy costs remain at historic levels. Last week, we discussed the divergence between sentiment and positioning for crude oil. While crude has seen lower prices in recent weeks, natural gas remains at extremes.
Today's topics include a post-COVID labor market, looking at QT, low inflation era is over, "disconnected" crude oil market, global economic weakness, job switchers, central banks in the spotlight, the housing market, investors move back into equity funds, hindsight shows the need for diversification of investment ideas, more on meme stocks, work from home, and regulating crypto
With Q2 2022 earnings season coming to a close, revenue and earnings growth expectations continue to surprise. Expectations for future growth are crashing, yet companies continue to offer more positive guidance for the coming quarters.
Today's topics include when will inflation return to 2%?, Citi sees 18% inflation for the UK, lower Treasury issuance offsetting QT so far, a bull market vs. bear market rally, stocks ignoring fundamentals, consumer confidence is not as reliable an indicator anymore, Jackson Hole, the natural gas crunch, and everyone loves growth stocks