• Login
  • Register


A Bird's Eye View Blog

Fireside Charts: Communications Sector Breakout, U.S. Manufacturing Reports, and Federal Government Spending vs. Tax Earnings

Will the S&P 500 Communications sector break out from a multi-year channel? An improved trend is much needed! The U.S manufacturing output declined again in February. So far, we are not seeing...

Fireside Charts: Number of U.S. Equities Cut in Half, $9 Trillion of Global Negative Yield, and more on China's Slowdown

 

The number if U.S. listed stocks has been cut approximately in half since the mid 1990's. Negative-yielding global debt is back above $9 trillion. Recession indicators remain higher than last...

Buying the Dips: When Does this Approach Run the Most Risk?

Fidelity, in their 1Q19 Market Update, has suggested that the U.S. is following many other global economic powerhouses into the late stage of the current economic cycle.  

Fireside Charts: Prescription Drug Prices Fall, Fragility of Q1, Global Bond Yields Tumble

Prescription medications saw the biggest year over year decline on record, surpassing the second-largest drop in 1972! Looking at GDP growth between 2010-2018, we can see a correlation between...

Fireside Charts: Strength of the USD, Secular versus Cyclical Markets, and the Top 1%

Against a backdrop of U.S. government reports, weakening economic data out of Europe and China, and continued trade turbulence, the U.S. dollar strengthened. The 10 Year US Treasury yields...

Fireside Charts: ECB Makes a Surprise Move, Shanghai Stock Slump and World Trade Trouble

For the 19 countries that use the euro, the European Central Bank (ECB) pushed back the earliest date for an increase in interest rates from current record lows to year end. Then they downgraded...

Changes to the Aggregate Bond Index that Advisors Should Know About: Part Two

Last week, we shared some facts about the Bloomberg Barclays Aggregate Bond Index (BBAB). (Missed it? Click here). Outside of the BBAB, there are a few more items that you may want to know about...

Fireside Charts: U.S. Treasury Curve Normalizes, the Rise of Emerging Markets, Europe Enters Manufacturing Contraction

The U.S. Treasury yield curve is now normalizing in part due to a more moderate FED. Will the U.S. dollar follow this trend? The S&P 500's earnings by sector only continue to be revised downwards. 

Fireside Charts: Mortgage Risk, Industrial Production, and more Recessionary Red Flags

The great news that came out of this week is that the U.S. economy grew by 3.1% in 2018. The S&P 500 earnings per share (EPS) quarterly forecasts continue to turn down further. Yet, the stock...