Hedge Fund Industry Outperformance – Negative over Past Decade
Hedge Fund Industry Outperformance – Negative over Past Decade The chart below shows how it’s hard to beat the market over time. Image: Greenline Partners LLC
Category: Blog
BBB Debt by Sector in the U.S.
BBB Debt by Sector in the U.S. By sector in the U.S., financial institutions have the largest amount of ‘BBB’ debt: $744 billion. That’s 53% of investment-grade bonds in the United States. You may also like “The U.S. Corporate Bond Debt Rated ‘BBB’ Exceeds $3 trillion.” Image: S&P Global Fixed Income Research
Market Smell A Recession As Yield Curve Inverts
Market Smell A Recession As Yield Curve Inverts Quant models and yield curve inversion smell of recession rather than mid-cycle Fed eases. Image: J.P. Morgan
WTI Price and Brent Price vs. Oil Inventory
WTI Price and Brent Price vs. Oil Inventory Oil inventories suggest that the price of oil is currently fairly priced. Image: Pictet Wealth Management
Brent Price vs. 10-Year Treasury Bond Yield vs. S&P 500
Brent Price vs. 10-Year Treasury Bond Yield vs. S&P 500 This chart shows that oil prices are a good indicator of global economic growth and investors are concerned about a global economic slowdown. Image: Pictet Wealth Management
Could European Stocks Outperform U.S. Stocks?
Could European Stocks Outperform U.S. Stocks? This chart shows U.S. vs. European stocks at 70-year highs. Keep in mind that investors think that the euro area economy is less resilient than the U.S. economy in the event of a shock. Currently, the euro area economy is more impacted by the global slowdown than the U.S.…
Where Is the Credit Cycle Headed?
Where Is the Credit Cycle Headed? “Typically, once the horse leaves the barn on the domestic credit cycle, there’s no turning back…” We all know that never ends well. Image: Hedgeye Risk Management LLC
Fear & Greed Index vs. S&P 500 Index
Fear & Greed Index vs. S&P 500 Index This chart shows how optimism stays unusually low. Is this alarming for bears? Image: Cable News Network
New York Fed Probability of Recession in Next 12 Months since 1990
New York Fed Probability of Recession in Next 12 Months since 1990 When an inverted yield curve occurs, short-term interest rates exceed long-term rates. It suggests that the long-term economic outlookis poor and that the yields offered by long-term fixed income securities will continue to decline. Since 1962, no recession has occurred without an inverted…
How Does Education Affect the Unemployment Rate?
How Does Education Affect the Unemployment Rate? The chart below shows the unemployment rate by education and the importance of education for the unemployed. Image: Ben Casselman
Probability of Fed Rate Cut in July 2019
Probability of Fed Rate Cut in July 2019 Probability of Fed rate cut in July 2019 at 77%. Image: Bloomberg