Top 5 Charts of the Day – December 23rd 2020

#VXUS | The $37 billion Vanguard Total International Stock ETF hasn’t posted an outflow since July 25, 2017, data compiled by Bloomberg show. pic.twitter.com/qj7JUkbYBV

— Christophe Barraud (@C_Barraud) December 23, 2020

Only 15% Of All Global Bonds Have A Yield Above 2%, And Only 10% Above 3% https://t.co/bqOlnYzIaA

— zerohedge (@zerohedge) December 22, 2020

U.S. investment-grade corporate bond yields are at their all-time low of 1.8%, less than what 10-year U.S. Treasuries were yielding earlier this year. pic.twitter.com/pxX9fgPnwy

— Lisa Abramowicz (@lisaabramowicz1) December 23, 2020

One last look at a chart which defined 2020:$SPY cumulative After-Hours return since the March 23 bottom: +53%.

Day session return: +7%.

ALL the gains after March 25 were After-Hours – everyone lost money during daylight hours… in one of the biggest rallies of all time. pic.twitter.com/9c3iZ3wmHR

— Macro Charts (@MacroCharts) December 23, 2020

US real yields approaching fresh new lows again today.

A major macro driver for precious metals.

10-year real rates fell as much as -5% in the mid-70s.
We are still long ways from that.

My 2 cents:

Matter of time until gold makes new highs. pic.twitter.com/UFlu6zIvlh

— Otavio (Tavi) Costa (@TaviCosta) December 22, 2020