Fireside Charts: Unemployment, Unbothered Equities, and the Uncertain Path Forward
May 8, 2020It's jobs report day and we hate to break it to you, but the situation is... grim. The U.S. Bureau of Labor Statistics released its ...
Fireside Charts: Grim Forecasts, the Equity Rally, and Reignited Tensions with China
May 6, 2020Halfway into an earnings season for the history books and analysts—much like the rest of the world—are still struggling to reach a consensus on what the future holds. The ...
Fireside Charts: Rent's Due, the 'Shale Death Zone', and a Warning Signal from the Bond Market
May 4, 2020If this month's rent or mortgage payment hurt a little more than usual, you aren't alone. Small businesses are struggling to keep up with expenses following the first full month since ...
Fireside Charts: The GDP Hit, Unemployment, and a Look Ahead
May 1, 2020U.S. GDP fell at a 4.8% annual rate in Q1, posting its first quarterly drop in over half a decade and it's worst quarterly drop since the financial crisis. Consumer spending, the main ...
Bond ETF’s Price Divergence From NAV: How Do We Tell Which Was “Right”?
April 30, 2020“What happened to fixed income ETFs in the March sell-off?" So far, we’ve kept quiet on the subject. Not due to a lack of opinions, but because we felt we didn’t have much to add to the discussion. Our many fund sponsor and trading partners (SSGA, iShares, Invesco, and Jane Street to name a few) have done a fantastic job of providing detailed analyses on the subject. Anything we could have produced over the past month would have been nothing more than a regurgitation of work produced by others. So, what’s changed? Why have we decided, after the fact, to throw our hat ...
Fireside Charts: Forward P/E Ratio and EPS Projections, Equity Return Trends, and the Food Supply Chain
April 29, 2020It's a big day for the markets with Q1 GDP data, an FOMC meeting, and earnings reports from industry leaders Microsoft and Facebook. Amid a 4.8% contraction in GDP—the sharpest since ...
Fireside Charts: Earnings, A Paycheck Protection Program Check In, and Emerging Consumer & Market Patterns
April 27, 2020Ready for a pulse check on one of the most unique earnings seasons on record? In the S&P 500® Index, the ...
Fireside Charts: Unemployment, A Nasdaq Milestone, and Is Inflation Approaching?
April 24, 2020~4.3 million more Americans filed for unemployment this week, and while that brings the quarantine-era total to ~26 ...
A Caution From 2007: Beware of the Dividend in Your High Dividend ETFs & Funds
April 23, 2020Remember this? It’s late in 2007 and the banks have already started their downward spiral. As their prices fell, their dividend yields rose. Most “high yielding,” “high dividend” or “dividend achiever” type ETFs/funds rebalance quarterly, so at year end, what did they do? They loaded up on bank stocks.
Fireside Charts: Oil, U.S. Farmers, and More Struggle in a Shifting Market
April 22, 2020Earth Day looks to be celebrating the big 5-0 this year with a continuing meltdown of the fossil fuel industry. Oil prices ...
