🇺🇸 Price Parity by State

📍 CHART WATCH 📍

🇬🇷 What could go wrong?

📈 CHART WATCH 📈

🇮🇷 Odds of an Iranian closure of the Strait of Hormuz greatly increased.

📈 CHART WATCH 📈

🇺🇸 Philadelphia Fed Manufacturing Business Outlook Survey

📈 CHART WATCH 📈

🛢 Proven Global Oil Reserves

📊 CHART WATCH 📊

Bitcoin takes a spill…

💸 CHART WATCH 💸

Apple ($AAPL) reaches support against the Dollar as well as versus the S&P 500 ($SPX).

📱 CHART WATCH 📱

The probability of a rate cut in September has soared.

🍆 CHART WATCH 🍆

🌐 Global Inflation Rate Projections

🛍 CHART WATCH 🛍

Oil opened the session at $78. It’s around $76 now, up 2.5% or so from last week.

📈 CHART WATCH 📈

Market-related Google search trends…

📊 CHART WATCH 📊

Fast food price inflation.

Seriously, it costs more than some take-out now. And often takes twice as long to come out. And it’s not like the food got better.

What is the point of these places again?

📈 CHART WATCH 📈

🇺🇸 The United States is uniquely long equities.

📊 CHART WATCH 📊

🇺🇸 The S&P 500 this afternoon.

📉 CHART WATCH 📉

🇺🇸 Sector rotation as of the end of last week…

🔼 CHART WATCH 🔽

🇺🇸 EPB Aggregate Economy Index

The key is kind of tiny so I’ll replicate it: real personal income excluding travel payments (blue), total non-farm payrolls (red), and real personal consumption (green) are all up since 2022.

Industrial production (navy) is relatively flat. Real retail sales (purple) and the inverted unemployment rate (yellow) are down.

📈 CHART WATCH 📉

Interesting! Retail led this last sell-off in Bitcoin.

💸 CHART WATCH 💸

🌐 G10 Central Bank Policy Rates

🛍 CHART WATCH 🛍

🇺🇸 The S&P 500 and global conflict.

📤 CHART WATCH 📤

🇴🇲🇮🇷 Strait of Hormuz crude oil tanker traffic…

📊 CHART WATCH 📊

🇮🇱 The Israeli stock market continues to make new highs. It’s up about 64% since October 8th, and it’s beaten the S&P 500 by 15% since then.

The Israeli shekel is also up about 15% over the same period, meaning the gains in Dollar terms are closer to 86%.

🕯 CHART WATCH 🕯