While US Treasuries continue to trade at a discount to German Bunds, the spread has narrowed in recent weeks. A long term chart of the spread between Treasuries and Bunds is below. Since 1980 Treasuries have typically traded at a … Continued
New Home sales data was reported this morning slightly better than estimates at 369k on a seasonally adjusted annualized rate in May vs. 343k for April. At that pace, there are 4.7 months of supply of new houses, which is … Continued
As an addendum to the domestic rig count chart, below is an international rig count chart since 1975.
Long term chart of BHI data on the number of active rigs in the US. With oil prices falling one would expect this number to fall as well. It’s an important data-point for oil service companies.
To continue the analysis of the last post, below is what the S&P 500 would look like if you excluded the performance of the index on FOMC days. If you exclude the daily performance of the S&P on FOMC days, … Continued
FOMC meeting days are some of the more volatile market trading days. Wild market swings are commonplace, especially in the last 5 years. Below is data of the S&P 500’s performance on Fed days, both in terms of overall change … Continued
Since there’s been a lot of talk recently about how light volume has been on US exchanges, I was doing a little research into historical volume trends. At the NYSE’s website I found a data series which was one of … Continued
There’s been plenty written about how 2012 is looking a lot like 2011 and 2010, but just to drive the point home once more, below is a chart of the S&P 500 in 2Q for 2010 vs. 2012. The pace … Continued
Central Banks are reportedly getting geared up for coordinated stimulus if Greek elections don’t go well. While it’s tough to say what the exact response would be, or whether there will actually be one, the result would be a further … Continued
Initial Jobless Claims Consumer Price Index Current Account Deficit Federal Reserve Balance Sheet Economic Data Recap June 16, … More PowerPoint presentations from Scott Krisiloff