Top 5 Charts of the Day – September 24th 2020

Most Volatile Years in Stock Market History (updated):

184 days into 2020 (x-axis), Stocks have moved >1% for a massive 87 days (y-axis).

Bad Seasonality now makes it even worse.

Few years ever reached such intense Volatility – ALL remained violent to the end. Stay nimble. pic.twitter.com/6Qa3FTSQh1

— Macro Charts (@MacroCharts) September 24, 2020

For the 1st time since April, more than half of gold miners are in a bear market.

Since 2019, when this hit 50%, the pullback in $GDX was near its end. If miners are going to flip back into a sustained bear market, then we'll see this figure consistently hang above 50%. pic.twitter.com/0oXvu3Wwat

— SentimenTrader (@sentimentrader) September 24, 2020

Anchored nominal yields contribute to everything correcting together, including gold & bitcoin. Higher breakeven inflation vs real yield correlation (i.e. anchored nominal) amplifies cross-asset correlations, essentially making everything a bet on higher inflation expectations. pic.twitter.com/OxZMKYy1Em

— Sebastian Dypbukt Källman (@sdypbuktkallman) September 24, 2020

Breakevens continue their slide. Real rates continues to rise. pic.twitter.com/0P2vJaGmTE

— Joe Weisenthal (@TheStalwart) September 24, 2020

'TIPs continue to see record inflows, amassing $10.3 billion over the past 3 months.' https://t.co/K8RNixD5JE via @SoberLook pic.twitter.com/HeiAz3LzT6

— Jesse Felder (@jessefelder) September 24, 2020