1. Junk And Long-Term Corporates Top 2019’s US Bond Market Rally
YTD Bond Returns.
http://www.capitalspectator.com/junk-and-long-term-corporates-top-2019s-us-bond-market-rally/
Found at Abnormal Returns Blog www.abnormalreturns.com
http://www.capitalspectator.com/junk-and-long-term-corporates-top-2019s-us-bond-market-rally/
Found at Abnormal Returns Blog www.abnormalreturns.com
Seven has been a lucky number for U.S. stocks. The S&P 500 Index just notched its first seven-day winning streak since October 2017. As shown in the LPL Chart of the Day, this feat has occurred just seven other times in the current bull market.For the most part, each winning streak preceded both short-term and long-term gains.
https://lplresearch.com/2019/04/08/lucky-number-seven/#more-12513 Continue reading
Torsten Sløk, Ph.D.
Chief Economist
Managing Director
Deutsche Bank Securities
by Jill Mislinski, 4/4/19
In response to a standing request, here is an updated comparison of four major secular bear markets. The numbers are through the Friday, March 29 close.
This chart series features an overlay of the Four Bad Bears in U.S. history since the equity market peak in 1929. They are:
The series includes four versions of the overlay: nominal, real (inflation-adjusted), total return with dividends reinvested and real total return. The starting point is the aligned peaks prior to the four epic declines. We’ve used an interval of 252 days for the x-axis as it is roughly the number of market days in a calendar year.
The first chart shows the price, excluding dividends for these four historic declines and their aftermath. As of the year-end close, we are now 2,887 market days from the 2007 peak in the S&P 500.
A risk tho – The “Pain Trade” is the VIX breaking north – The positioning in short VIX has turned super short again and even shorter than prior to both the February and October-December sell-offs From Dave Lutz at Jones