Chart of the Week

NDR: We're still in the early stages of the transition

"Since the middle of the last decade, the push towards a carbon free energy sector, has gained momentum due to a series of factors which combined will influence and alter the way the world produces,...

Chart of the Week

NDR: Armchair technical analysts doing it wrong

Major benchmark indices are off to a strong start in 2024. From their October lows the S&P, Dow Industrials, and NASDAQ are all up 19%+ to all-time highs. But investors remain concerned that most of...

Chart of the Week

NDR: Right or Left, Neither Noticing the Deficit

"Despite these differences in policy approach, neither Trump or Biden seem interested in reducing the budget deficit. That should result in a higher term premium and higher interest rates, which...

Chart of the Week

NDR: What the hot CPI report means for stocks

Last Tuesday’s CPI report shifted consensus for the first rate cut into H2, and for two fewer cuts over the next year. The change came after a series of strong economic reports began eliminating the...

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NDR: Introducing  Our Long Term Capital Market Assumptions

As Ned Davis Research continues to build-out it’s offering to ensure we provide content relevant to all the time horizons of our clients, we are excited to see the launch of NDR’s long-term capital...

Chart of the Week

NDR: When bonds become superior to equities

Fed easing is a matter of timing and NDR’s historical studies show yields have always declined in the 3-months before the first rate cut. But most clients take a more holistic view, whether it be a...

In The News

NDR: Fighting Euphoria

"It would almost be a better thing for the bulls if we did get a little bit of a consolidation pullback now, before this frothy optimism becomes a euphoria where the market is really overbought,"...

Chart of the Week

NDR: Nontraditional Metrics Show Stocks Not Cheap

The 20% rally off the October lows has pushed already elevated traditional valuation metrics even higher. The S&P 500 Index is trading at 22.8 times trailing operating earnings, the highest since...

In The News

NDR: Alejandra Grindal on upside and downside risks...

On one of their recent podcasts, Alejandra Grindal, NDR's Chief Economist, was interviewed by Mike Larson, Editor-in-Chief at MoneyShow. She discusses the upside and downside risks to the US and...

In The News

NDR: Is there a tilt in the odds?

According to Joe Kalish, Chief Global Macro Strategist at Ned Davis Research, “we’ve never seen market yields rise going into a rate cut. For conservative investors who don’t want to take a lot of...