Top 10 Macro/Financial Charts of the Week – w38

Can international law enforcement agencies please open up a Chart Crimes investigation into Deutsche Bank? pic.twitter.com/2yYHglmMeM

— Joe Weisenthal (@TheStalwart) September 14, 2020

Analysis from new @BIS_org paper concludes that actions by @federalreserve during #COVID19 crisis have accounted for ~1/2 of S&P 500’s rebound & ~1/5 of EURO STOXX 50’s rebound @Bloomberg @ecb pic.twitter.com/XA9hBYfpIo

— Liz Ann Sonders (@LizAnnSonders) September 18, 2020

The market capitalization of the MSCI USA Index as a percentage of the MSCI All Country World Index reached its highest in nearly two decades earlier this month and now sits just below that at about 58% – Bloomberg pic.twitter.com/Il7DP1pFdj

— Christophe Barraud (@C_Barraud) September 16, 2020

We know forward P/E for S&P 500 is approaching dot com-era levels, but PEG ratio has also gone parabolic (4-standard deviation move) given collapse in long-term earnings growth & lack of guidance moving forward @bcaresearch @Refinitiv #IBES pic.twitter.com/S99SNDcTGN

— Liz Ann Sonders (@LizAnnSonders) September 17, 2020

6. (as such) Surge in #IPO filings reflects a scramble to get a piece of the action…#makehaywhilethesunshines pic.twitter.com/ukm9tT4kx4

— Callum Thomas (@Callum_Thomas) September 19, 2020

Wild chart…

Volume of trading in single stock options > volume of regular shares for the first time.@WSJ pic.twitter.com/VoNMXvKVOD

— Nate Geraci (@NateGeraci) September 13, 2020

Wall Street: "long US tech" is the most crowded trade of all time

Also Wall Street: we are putting all our money in tech pic.twitter.com/bNp9rrlTFY

— zerohedge (@zerohedge) September 15, 2020

The market remains highly concentrated, which historically has not worked out well. This is problematic when the Top 5 companies make up as much of the index as the bottom 390. It's also a result of "passive investing." pic.twitter.com/wdd1GkXxTq

— Lance Roberts (@LanceRoberts) September 15, 2020

Global #technology M&A highest since 2000! Chart via @Refinitiv pic.twitter.com/oFRJsf2b7Y

— jeroen blokland (@jsblokland) September 15, 2020

Any time there is even a modest pullback in the market, liquidity collapses. Thanks HFTs pic.twitter.com/VDaSysKtxc

— zerohedge (@zerohedge) September 16, 2020