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...
Chart of the Week
Major benchmarks have been hitting records thanks to market-cap heavyweights like Nvidia, Oracle, and other tech giants, but most stocks remain well below their highs. Of the 1,300+ stocks in the...
Chart of the Week
After tariff-driven pessimism in early April, sentiment rebounded with the market. The NDR Daily Trading Sentiment Composite jumped from 4.4 on April 8 to excessive optimism by May 14. Still,...
Chart of the Week
Housing has been one of the weakest parts of the economy under tight monetary policy, contracting in seven of eight quarters from mid-2021 through early 2023 and resuming its drag in four of the past...
Chart of the Week
Most long-term stock trend charts suggest equities are overvalued, though total return measures paint a less extreme picture. Housing and the U.S. Dollar also appear overvalued, while gold is nearing...
Chart of the Week
In the latest edition of NDR’s Integrated Analyst, the Custom Research Solutions (CRS) team takes a critical look at one of the most cited arguments against market timing: the idea that missing just...
Chart of the Week
After stepping back in April, foreign investors returned to U.S. markets in force in May, with net purchases of long-term U.S. securities hitting a record $318.5 billion (chart above). Bond buying...
Chart of the Week
Since its April 21 low, the U.S. Dollar Index has fluctuated and now hovers just above that level, raising questions about a breakdown or successful test. Bearish signals dominate, with all three of...
Chart of the Week
Over the past five years, inflation has fluctuated dramatically, driven by COVID-era disruptions, government stimulus, and policy shifts. This has sparked debate over whether the U.S. economy is...
