Chart of the week

This week’s chart finds the bulk of the S&P’s returns last year came on days when rates fell. So far, 2024 has followed a similar pattern.

Stock-bond correlation spiked in 2023 to a 40-year high. This week’s chart looks at how it exacerbates the diversification challenge.

This week’s chart looks at private CRE debt’s notable yield premium to cash, even as cash yields are elevated.

Is the market expecting too much from the Fed? This week’s chart looks at the dramatic decline in market-based rate expectations.

This week’s chart looks at the rising percentage of small cap companies reporting negative earnings as public index returns mostly remain in neutral.

As the market remains focused on inflation, this week’s chart looks at S&P returns on days when CPI is released compared to non-release days.