Τα Διαγράμματα της ημέρας

The S&P 500 earnings yield minus risk-free cash rate (3-month treasury bill) has dropped to its lowest level (-90 basis points) in 23 years

00:01 - 11/09/23

Credit card debt vs personal savings.

10y Mortgage-Backed Security rates (so-called Pfandbrief yields) have jumped to 3.32%, near a 12y high, despite weak econ figures.

Love this one from JPM that shows stocks bottom before the economy, payrolls, and jobs all turn higher

Mortgage demand has fallen to Dec 1996 levels