Econ Erosion

Econ Erosion

  This week’s indicator is all about the economy. It’s a composite indicator comprising six individual indicators that each track some sort of economic activity—ranging from stock market earnings and industrial production to layoff announcements and various other...
Narrow Participation

Narrow Participation

Participation is an important component of stock market returns. What do I mean by participation? Simply put, it refers to how many stocks within a market index—like the S&P 500—are joining in a rally. The more stocks trending upwards, the healthier the overall...
From Hawks to Doves

From Hawks to Doves

  Central banks play a big role in financial markets. When they adjust interest rates—either cutting or raising them—it has a big impact on financial prices. In recent years, these interest rate movements have been a hot topic. So, for this week’s indicator,...
Stocking Up

Stocking Up

  “I’m all in!” According to this week’s featured indicator, that’s what investors have been saying about the stock market recently. Specifically, the indicator above measures stocks as a percentage of household financial assets, revealing how much households are...
Treasury Torque

Treasury Torque

  This week’s featured indicator is kind of like a wrench. When you turn a wrench, it creates a force called torque that helps move an object. But in this case, global treasury yields are the wrench, and the object being moved is the global bond/cash ratio. Let...