𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻

Long-in-tooth sell-side analyst. Random points of interest.

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

The FOMC now thinks that rates will end 2023 at about 5.1%, unchanged from their median estimate when the dot plot was last published in December.
https://t.co/bX3R7RIDhs

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Projected fed funds rates have barely moved since December's meeting
https://t.co/bX3R7RIDhs

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Every Fed chair since the 1970s raised rates until the recession bit, then cut deeply.
@WSJ

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Warmer than usual weather has enabled Germany to continue to put extra gas into storage in October.
https://t.co/aEMJr1rZlL

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

US 10 year vs two-year Treasury yields
https://t.co/VdV4nnB5ug

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Rent gains are finally starting to slow in many parts of the US
https://t.co/K002Uv9iJ6

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Is the boom in niche thematic stock funds such as Cathie Wood's Ark Innovation ETF at an end?
https://t.co/g6fyNrsypB

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Have US stocks run out of earnings steam?
https://t.co/EKkWpfh6lU

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Is the world about to run out of copper?
https://t.co/idzfk1WU8S

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Gas prices in Europe have dropped since August, but remain much higher than normal
https://t.co/aEMJr1rZlL

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Unusually warm temperatures in Europe are proving to be a godsend, pushing down energy prices and reducing the risk of a crisis later in the winter.
https://t.co/aEMJr1JAKl

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Without the saving grace of energy stocks, the correction in US stocks would have been much worse.
https://t.co/rwzLvdrrOX

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

China’s economy bounced back modestly in the third quarter from crippling Covid lockdowns in the spring
https://t.co/39YXEqBCBN

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

In a bleak year for US markets, municipal bonds have stood out as being among the least-bad assets to own.
https://t.co/OdUFvdhlcs

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Japanese authorities may have spent more than $30bn in their second intervention in a month to prop up the yen after it fell to a new 32-year-low against the dollar.
https://t.co/sFhu0mw8RE

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Niche thematic stock funds are proving more resilient than mainstream funds according to a Morningstar study.
https://t.co/g6fyNrsypB

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

Emerging market bond funds suffer their biggest outflows on record
https://t.co/J0iEdDD5a7

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

The price of crude oil has fallen a third since its peak in June.
https://t.co/GsRUoX459m

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

China has failed to stem foreign bond outflows as property woes persist
https://t.co/Ml4NdJOvSy

[𝙳𝙰𝙸𝙻𝚈 𝙼𝙰𝚁𝙺𝙴𝚃 𝙿𝙸𝙲𝚃𝙾𝚁𝙸𝙰𝙻 @MarketPictorial]

The Federal Reserve's industrial production index rose to a record high.
https://t.co/PMWYqJIysV