Grinchy Vibes
Markets have taken a more cautious tone recently, with a touch of holiday uncertainty in the air. Powell’s latest remarks may hold some clues—check out this week’s commentary to see what’s driving the shift.
Going Up
This week’s chart highlights the surge in the term premium on U.S. Treasuries—the extra return investors demand for holding long-term bonds instead of short-term ones. Think of it like asking for a bigger reward to lock your money away for longer because the...
Flooded
In this week’s indicator, we’re taking a closer look at equity ETF flows—and the story they’re telling is hard to ignore. The chart above tracks the 50-day average of daily inflows into U.S. stock funds. This metric smooths out day-to-day noise and gives us a...
Breadth Breakdown
As 2024 is coming to an end, many investors are keeping an eye on the stock market as changes can occur rapidly. David Nelson joins us to share the importance of noting advancers versus decliners and how a balanced market is best for all.
Soaring Sentiment—but Who’s Pulling the Sled?
Investor sentiment has been as cheerful as holiday lights this year, fueling consistent market gains. But with fewer stocks pulling the market’s weight, the rally feels more like Santa’s sleigh running low on reindeer—still moving, but for how long?