European companies have largely maintained strong balance-sheet positions, thanks to vast sums of gvt spending and favorable monetary policy – Bloomberg
*Cash as a % of assets among Stoxx 600 firms reached a record high at the end of last year. pic.twitter.com/wXvZwcnhTM— Christophe Barraud (@C_Barraud) March 22, 2021
Risk-on flows continue … over 92 cents of every dollar of ETF flows have been put into risk assets over past month (most since October 2018) … demand for thematic flows has declined as sectors come more into focus @DataArbor pic.twitter.com/XLN5dXuuGB
— Liz Ann Sonders (@LizAnnSonders) March 22, 2021
Goldman's Clients Are Starting To Sweat The Coming Tax Hikes https://t.co/56Kx5t6BQl
— zerohedge (@zerohedge) March 22, 2021
"Search interest in new homes has been outpacing existing homes since mid-2019, though the gap became especially wide in February 2021.” – UBS pic.twitter.com/wy3E3lFj1c
— Sam Ro (@SamRo) March 22, 2021
Largest Drawdowns since 1976 (monthly, total return)…
US Stocks (S&P 500)…
1) Nov 2007 – Feb 2009: -51%
2) Sep 2000 – Sep 2002: -45%
3) Sep 1987 – Nov 1987: -30%US Bonds (Barclays Agg)…
1) Aug 1979 – Feb 1980: -13%
2) Jul 1980 – Apr 1981: -8%
3) Feb 1994 – Jun 1994: -5% pic.twitter.com/bdPuSzYcpD— Charlie Bilello (@charliebilello) March 22, 2021