Still one of my favorite charts. -If global stocks are at an all-time high at month end… own them. -If not, own bonds (treasuries from 1970-76… the Agg after). Clear takeaway… DO NOT fear global markets at all-time highs. pic.twitter.com/5sxFrDG8Ra — Jake (@EconomPic) October 28, 2019 Todayโs Chart of the Day was shared on Twitter […]
Global Equity Indexes Are Ready to Breakout
In yesterday’s Chart of the Day, we highlighted the Dow Jones Industrial Average ($DJI) trying to resolve above its key resistance level around 27,000. In the post, Patrick explains this level represents a logical area of interest among buyers and sellers as it coincides with the 261.8% Fibonacci extension measured from the Great Financial Crisis […]
Chart of the Week: Inflection Point in Aussie/Yen
The Australian Dollar / Japanese Yen (AUD/JPY) is one of the more useful global risk barometers, but as a non-US Dollar currency pair, it tends to get less attention than some of the more popular indicators of risk appetite. The Australian Dollar has long since been associated with the risk-on trade. Alternatively, the Japanese Yen […]
The Power of Cash and Inaction
At The Chart Report we pride ourselves on covering the most robust trends in asset classes around the globe. However, something we donโt discuss too often is trendless markets, like the ones major US and World Equity Indices have been stuck in for over 16-months. This rangebound action is illustrated well by the MSCI All-Country […]