Τα Διαγράμματα της ημέρας

The trailing 12-month P/E ratio for SPX of 20.4 is below the 5-year average (22.6) and below the 10-year average (20.5)

00:01 - 08/02/23

Markets have rallied at the end of every Fed tightening cycle, regardless of recession or not. It always looks like a soft landing - which is why the market always prices it in. The NASDAQ rallied ~40% in mid 2000 during the pivot window

After adjusting for inflation, S&P 500 sales declined in the 4th quarter, the first negative YoY growth rate since Q4 2020

Growth stocks underperformed Value stocks in 2022 by 21.6%, the 2nd biggest underperformance on record with data going back to 1979 (only 2000 was bigger)

The 1-Year US Treasury yield has moved up to 4.85%, its highest level since August 2007. A year ago it was at 0.88% and in mid-2021 it hit an all-time low of 0.04%