The MSCI China ETF is now outperforming the S&P 500 on the
year after rallying over 30% from its low in January. |
00:01 -
22/05/24 |
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![](../Photos100/GNvv5MzWUAAga3A.png) |
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After a record 25 consecutive months of negative real wage
growth, wages have now outpaced inflation on a YoY basis for
12 straight months. This is a great sign for the American
worker that hopefully continues. |
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![](../Photos100/GNpxol0W0AAJkD3.png) |
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The S&P’s 10-day advance/decline line is at one of its most
overbought levels of the year. Helpful short-term mean
reversion tool. |
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![](../Photos100/GNtpY4LWIAYXdPq.jpg) |
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The problem with "Sell in May" is that seasonality in May
isn't bad. 75% of the time markets close higher by an
average of 0.2%. The riskiest month is September, where
markets are only up 55% of the time and have an average
return of -0.7% |
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![](../Photos100/GNvhVXMXYAAoLA2.png) |
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Chinese Home Prices declined by the largest amounts in
history last month!! |
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![](../Photos100/GNwUBnpaYAA4x8B.jpg) |
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![](../gffphone.png) |
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