Daily Charts - US vs Global equity relative performance U-Turn

Callum_Thomas
03-14

1.US vs Global equity relative performance U-Turn...

Almost every bubble starts with a good fundamental reason, only for markets to then overshoot the fundamentals -- where it gets ugly is when the fundamental story changes. $S&P 500(.SPX)$ $NASDAQ 100(NDX)$ $Dow Jones(.DJI)$

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2.Gold Mining Stocks (XAU) vs Silver Price

Turns out gold miners move more in sync with silver prices than gold prices -- this may help explain some of the miners vs gold performance gap

Also means you need to watch that Silver price a lot closer! $Gold - main 2504(GCmain)$ $Silver - main 2505(SImain)$

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3.More Americans Than Ever ...are probably feeling a little poorer than a few weeks ago 😵‍💫

(n.b. this is a 3-yearly survey; last was in 2022, next will be this year)

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