1.The Buffet Indicator Up to Date Q1 2020.
The Latest Data-With the Q1 GDP Advance Estimate, we now have an updated look at the popular “Buffett Indicator” — the ratio of corporate equities to GDP. The current reading is 156.3%, up from 156.0% the previous quarter.
https://www.advisorperspectives.com/articles/2020/05/05/billionaire-sam-zell-sees-economy-permanently-scarred-by-pandemic Continue reading
1.The Number of Companies Considered Multinational Has Expanded by 80% Since 1994
Lots of talk about de-globalization but tough to reverse
Capital Group Market Insights Where do stock markets go from here?– Joyce Gordon Jody Jonsson
https://www.capitalgroup.com/advisor/insights/articles/where-do-stock-markets-go-from-here.html Continue reading
1.Sector ETF Changes Since 2/19 Highs.
This morning, we highlighted the recent performance of sector ETFs noting how Health Care has led the way higher rising the furthest above its 50-DMA. Consumer Discretionary (XLY), Technology (XLK), Materials (XLB), Communication Services (XLC), and Consumer Staples (XLP) each had also risen above their 50-DMAs. Given their outperformance, as shown in the table below, headed into today these were the sectors closest to their levels on the S&P 500’s last all time high on February 19th. The Health Care ETF (XLV) actually headed into today less than 2% away from its 2/19 levels and XLP was also under 10% away.
https://www.bespokepremium.com/interactive/posts/think-big-blog/outperformers-underperform Continue reading
1.USO FACTS..Remember Yesterday Top 10 had this Product Taking in Record Inflows.
USO-most investors do not know what they are buying.
From Cullen Roche on Twitter
https://twitter.com/humenm/status/1252851685656891392/photo/1 Continue reading