Chart of the Week
As market volatility tends to rise when equities are declining and to fall when the market is rallying, it makes sense that this implied volatility gauge has maintained an inverse correlation with...
Chart of the Week
Recent market fluctuations tempered excessive optimism, with sentiment indicators like the Daily Trading Sentiment Composite dropping to 47.8, its lowest since November 2023. This shift moves the Fab...
Chart of the Week
In our latest update, we're excited to report a surge in optimism with the NDR Daily Commodity Sentiment Model reaching its highest level since March 2016. Last month, we observed a return to...
Chart of the Week
Chart of the Week | Housing Starts Rebound; Builder Confidence Improves Housing starts rebounded 10.7% in February, exceeding consensus estimates and reversing most of January’s weather-related...
Chart of the Week
"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
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
"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
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...
Chart of the Week
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...
Chart of the Week
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...
