FIRESIDE CHARTS
Unemployment Hits Pandemic-Era Low, U.S. Index Correlation Near 20-Year Low, and a Bond Market Check In
Economic recovery continues to gain momentum in the U.S. as new unemployment claims drop to a pandemic low of 684,000. Business activity and manufacturing remain robust and are continuing to grow…
Trend Reversals, Small Caps Come Under Pressure, and is the Commodity Rally Losing Steam?
Soaring home sales and plummeting air travel were two of the strongest trends to emerge during the pandemic era, but could both soon witness a reversal? And as demand for high dividend climbs and…
Indices Closed Lower Friday After New Highs, Yields Digest the Fed Meeting, and Are Commodities Overextended?
The Dow and S&P snapped a two-week winning streak on Friday, but not without touching new highs during the week. All sectors weren’t pulling their weight equally though… GameStop meanwhile…
GDP Forecast Climbs to 6.5%, 10-year UST Yield Hits 1.7%, and Checking In on Growth vs. Value
The Fed concluded its meeting on Wednesday with an announcement that it projects GDP surging to 6.5% this year—a major revision from its December estimate of 4.2%. Inflation fears were stoked yet…
Retail and Manufacturing Losses, a Dwindling Housing Supply, and the 10-Year UST Yield Hits 1.67%
February’s retail sales losses were more severe than expected—with sectors following a familiar pattern—but have still managed to grow year-over-year. Manufacturing also felt the effects of last…
Equity Issuance Hits Record, Yields Drive More Unrest, and What a Rate Hike Could Mean for U.S. Debt
It’s been a record-setting quarter for new stock issuance as companies race to get in on the market action and SPACs continue to soar in popularity. The Dow and others hit new records last week…
Core CPI Softer than Expected, Americans Revisit a Pre-Financial Crisis Trend, and Yields Climb Yet Again
U.S. core CPI growth remained sluggish in February—working to calm the inflation fears that have been driving market movement in recent weeks—and the Dow hit a new record in response. Did the effect…
The Stimulus Gas Pedal, Recovery Growing Pains, and a Look at Where Young Investors Are Sourcing Investment Advice
The $1.9 trillion stimulus bill is inching closer to becoming law, but we’re left wondering about the future; are we approaching a fiscal cliff when the government finally starts easing off the…
Equities’ Wild Week, The Recovery and Inflation Tug of War, and February’s Surprise Payroll Gains
The pivot away from last year’s leaders continues as cyclicals like financials and industrials take over and tech remains a drag on the market. The major U.S. indices closed Friday just barely in…
Inflation Expectations Hit Decade High, Spurring Equity and Bond Reactions, And a Look at China’s Debt
Inflation anxiety is back and making its presence felt in the markets. Market-based inflation expectations have hit their highest level in over 10 years—despite the ~17 million Americans still out…