Top 10 Macro/Financial Charts of the Week – w3 (2021)
#SPX | Real earnings yield dipped below zero just before the bear-market declines of 1987, 2000 and 2008, providing a useful warning signal – Bloomberg
*While the level is currently sitting a little under 2%, it’s near the lows of the post-Great Financial Crisis era. pic.twitter.com/nGbGfSpuDH— Christophe Barraud (@C_Barraud) January 19, 2021
Shares of money-losing U.S. #Tech companies soar almost fivefold in 1 – Bloomberg TV Chart pic.twitter.com/PjlxjxRsOA
— Christophe Barraud (@C_Barraud) January 22, 2021
#Buybacks Snap Back Amid Feverish Selling by Corporate Insiders – Bloomberg
*Link: https://t.co/v3sw5Pu1ZF pic.twitter.com/7bI0V8Vshx— Christophe Barraud (@C_Barraud) January 20, 2021
#Green Stimulus Is Here Already. It Just Wasn’t Planned – Bloomberg
An interesting piece from @liamdenning
*Link: https://t.co/BUsYegP3Fk pic.twitter.com/rzFiU92PU6— Christophe Barraud (@C_Barraud) January 22, 2021
The total equity and index call options (5-day average volume) has exceeded 25 million since Jan. 8th – Bloomberg data pic.twitter.com/gdMplFlcib
— Christophe Barraud (@C_Barraud) January 24, 2021
gamma, gamma, gamma pic.twitter.com/Zs0TmdHoxU
— zerohedge (@zerohedge) January 23, 2021
'The big players are being pushed around — David bullying Goliath, if you will — by the legions of day traders, using services including the Robinhood investing app to drive stocks higher.' https://t.co/zBRCCMNfkV pic.twitter.com/UxeNeeWdED
— Jesse Felder (@jessefelder) January 20, 2021
Global equities are now trading at a massive 27% above their 36MMA.
Exactly the same lvl as Jan 2018.
Over the last 10 years, we’ve only been >=24% above the 36MMA 4X.
We’re into heavy resistance on very stretched sentiment & valuations.
One to watch. pic.twitter.com/c5nLSsyV84
— Julien Bittel, CFA (@BittelJulien) January 22, 2021
The shot in the arm to markets and economies from distributing vaccines quickly and effectively could be huge. But getting it done is a massive challenge. (h/t @DeutscheBank for the charts) https://t.co/JJsZ8oF21d via @bopinion pic.twitter.com/jhar5WZa3S
— John Authers (@johnauthers) January 21, 2021
US pandemic-related fiscal stimulus (% of GDP) could massively outpace the levels we see in other economies.https://t.co/XeymCmeqqW
Source: @MoodysAnalytics pic.twitter.com/tSxcfVTiF6
— (((The Daily Shot))) (@SoberLook) January 19, 2021