1.U.S. Dollar Rallies Out of 2018 Sideways Move.
U.S. Dollar Bull ETF Pops Out of Range…Big Macro Funds Bet on Dollar Staying Weak.
Topley’s Top Ten – May 1, 2018
1.Analysts Boosting Earnings Again..Hockey Stick Raise in Numbers.
Historically, I am not sure if the S&P witnessed $20 earnings jump in one quarter…Let me know if someone has long-term data.
Equity Markets: Analysts are boosting US corporate earnings forecasts again.
Source: Deutsche Bank Research
https://blogs.wsj.com/dailyshot/
Topley’s Top Ten – April 30, 2018
1.Corporate Lobbying is Big Business and It Shows Up in Returns.
About 10 years ago, Strategas devised a “lobbying” index of companies that get the most bang for their lobbying buck, including interactions with regulators. The index, it says, has outperformed the Standard & Poor’s 500 for nearly a decade by an average of almost five percentage points annually. The lobbying index returned an average 14.4% annually from its 2009 launch through April 13, versus 9.5% for the S&P 500. About $1 billion of assets are pegged to the performance of the Strategas index.
https://www.barrons.com/articles/lobbying-index-beats-the-market-1524863200
https://www.barrons.com/articles/lobbying-index-beats-the-market-1524863200
Topley’s Top Ten – April 26, 2018
1.U.S. Markets Trading at a Premium vs. Developed International for a Reason.
Earnings
Equity Markets: US Q1 corporate earnings growth has outperformed that of other developed economies (EAFE).
Source: Credit Suisse
Topley’s Top Ten – April 24, 2018
1.4-Week Treasury Bill 10 Year Chart…Sideways for 8 Years then Hockey Stick.
