Chart of the Week
Stock leadership has shifted sharply in 2026. Through January 26, 62% of S&P 500 stocks have outperformed the index, the highest share since 2001. After three difficult years for stock pickers, this...
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Recorded January 28, 2026 - in this episode, NDR's Chief Economist Alejandra Grindal discusses U.S. economic productivity. Although recent readings reflect a productivity surge, the data is not as...
Chart of the Week
In a recent appearance on Closing Bell Overtime, Tim Hayes, Chief Global Investment Strategist at Ned Davis Research, broke down the forces shaping today’s markets—from a remarkably long U.S. bull...
Chart of the Week
By conventional measures of consumer purchasing power, affordability should not pose a major problem for U.S. households. Real average hourly earnings and real disposable personal income have both...
Chart of the Week
In 2025, the political acronym for the year was TACO (Trump Always Chickens Out)—a reminder of how often major policy initiatives struggled to reach completion. As we turn toward 2026, a new acronym...
See the Signals
In this episode, NDR's Chief Economist Alejandra Grindal discusses the outlook for the global economy in 2026. The global economy is likely to slow from this year's pace, but avoid recession...
Chart of the Week
In the latest edition of NDR’s Integrated Analyst, the Custom Research Solutions (CRS) team demonstrates a few of the many ways CRS customizes NDR’s asset allocation models to directly address client...
Chart of the Week
Valuations keep climbing, with several measures hitting new highs (chart above). By late November, the S&P 500 was only 0.6% below its October record, and its P/E based on total earnings reached...
Chart of the Week
A widening unemployment gap is typically disinflationary. While tariff passthrough may add some upward pressure on prices, the recent slowdown in job growth and rise in unemployment to 4.4% suggest...
See the Signals
In this episode, NDR's Chief Economist Alejandra Grindal discusses how she monitored global economic activity while data was sparce. Although there was a fair share of public and private data...
