Market Highlights in Charts 9.20.17

Written by BCM Investment Team | Sep 20, 2017 2:10:11 PM

 

1. If 70's fashion can come back, so can stagflation. 

 

As of 9/19/17

 

 

2. History of Fed Intervention - It takes more and more intervention to stimulate the economy after a recession. We shall see how the markets react to the beginning of the end of the Fed's QE

 

Source: @valuewalk,@josephncohen; As of 9/19/17

 

 

3. The 3-Month core CPI series changes show the recent bounce in inflation. 

 

Source: Bloomberg; As of 9/18/17

 

 

4. Despite the USD's recent 12% decline, our trade balance with the world continues to worsen... 

 

Source: WSJ Daily Shot; As of 9/19/17

 

 

5. A great historical look at housing recoveries since WWII. Note this recovery is still at the trough of most cycles.

 

Source: Eversource ISI; As of 9/19/17

 

 

6. Some perspective...

 

Source: @galka_max,@josephncohen,howmuch.net; As of 9/19/17

 

 

7. Continued mixed signals from China...but this is encouraging. 

 

Source: BMI Research; As of 9/20/17

 

 

8. Again, perspective is always helpful...

 

Source: @MarinKutusa; As of 9/20/17

 

 

9. This chart says both bonds and stocks are the most expensive in 200 years... or since the industrial revolution. Curious to know their data sources and metrics used...

 

Source: @adnanchian,@sobata416; As of 9/19/17

 

 

10. Why Amazon, etc. are just warming up...

 

Source: Goldman Sachs,@joshdigga; As of 9/19/17

 

 

11. Like the VIX in the U.S., volatility in Emerging Markets is very low. 

 

Source: Bloomberg; As of 9/18/17

 

 

12. Precursor to the next European financial crisis? 

 

Source: WSJ Daily Shot; As of 9/18/17

 

 

13. We always need to remember those in need...

 

Source: @pdacosta; As of 9/20/17