Charlie Bilello
Chief Market Strategist @ Creative Planning Investor | Writer | Reader | Thinker Trying to become a little wiser every day.
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Shelter CPI has now moved down on a YoY basis for 9 consecutive months, from a peak of 8.2% in March 2023 (highest since 1982) to 6.2% today. Given its long lag vs. real-time data,...
The spread between US junk bonds yields and risk-free Treasury yields has moved down to 3.47%, the tightest since April 2022. https://t.co/ycX5QO5Ozk
The US Yield Curve has been rapidly steepening with the spread between the 10-year yield (4.98%) and 2-year yield (5.14%) now at -0.16%, up from -0.71% a month ago. That's the leas...
The Fed has hiked rates 525 bps since March 2022 but the net interest payments of corporations has actually declined. Why? Many companies locked in low interest rates on their debt...
United Auto Workers proposal: -40% increase in hourly pay over 4 years -Reduced 4-day, 32-hour workweek -Faster path to top pay -Shift back to defined benefit pensions -Cost-of-liv...
Step 4: Use Raises to Increase Your Contribution Rate The difference between a 1% and 7% 401(k) contribution rate from age 25 to 65: over $1.1 million (assuming 8% ann. growth rat...
New Video: The Week in Charts ‼ -- 33% Nasdaq 100 Rally -- 2023 = Inverse of 2022 -- Where Do US Equity Valuations Stand? -- US Consumer: Pulling Back -- Falling Tax Receipts +...
The YoY growth rate in the Leading Economic Index fell further into negative territory in April and is at levels that have signaled a recession in the past (2020, 2008, and 2001).....
US Federal Tax receipts fell 6% over the last year, the largest YoY decline since June 2020 and before that May 2010. https://t.co/x3Q3u1NAeb
Current market expectations for path of the Fed Funds Rate... -Jun 14, 2023: Pause -Jul 26, 2023: Pause -Sep 20, 2023: 25 bps cut to 4.75-5.00% -Nov 1, 2023: 25 bps cut to 4.50-4.7...
With 86% of companies now reported, S&P 500 GAAP earnings have come in much better than expected, flipping the YoY growth rate back into positive territory (+6% YoY) for the first...
New Video: The Week in Charts... https://t.co/karfdHioFS