Charts of the Week
Weekly Research Roundup
October 16, 2020
Some charts from our recent posts
Some charts from our recent posts
Today's topics include the rise of low-priced stocks, savings among the unemployed, a calmer tone on this weekend's shift away from LIBOR, junk bond returns, the risk of holding crypto, tighter mortgage standards for lower quality borrowers, setting limits on speculators, and alternatives to a 60/40 portfolio
There is an old saying on Wall Street that "there are no bad bonds, only bad prices." It seems Quarles is proudly announcing the Fed will hold Treasuries at "bad prices." What ends this? Inflation.
Today's topics include jobless claims, the global deficit, avoiding austerity if debt servicing costs remain low, managing the changing jobs market, the search for risk-free assets, cash as an alternative to bonds, the transition away from LIBOR, and betting on value stocks after the election
The "red mirage" is the idea that election night ends with Trump ahead with more than 270 electoral college votes. As mail-in ballots begin being counted, however, several key states may flip until Biden is declared the winner.
Today's topics include gauging the global recovery, the correlation between stocks & gold, Treasury yields & the election, the case for significant fiscal spending, disinflation, rising Covid hospitalizations, and manufacturing in the U.S.
Over the long term, earnings are typically expected to increase about 9% per year. The pandemic clearly changed that, with earnings only expected to grow roughly 10% between 2020 and 2021 combined.
Used car prices continue to rise at a feverish pace.
Today's topics include wIll there be a 'blue wave'?, too much shale, more options trading, energy demand, China's global trade, financing deficit spending, the future of transit, the retail mindset, the S&P and the election, small business optimism, higher treasury yields, and Chinese exports