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Global Institutional Investors Sell Stocks
The October reading of the investor confidence index from State Street dropped -3.4pts to 84.4 - the lowest reading since late 2012. ...
Callum Thomas
Nov 1, 20182 min read


Chart: China PMI - Soft but soft enough?
With China's economy under pressure on a number of fronts, the PMI takes on a new level of importance - particularly so as global markets...
Callum Thomas
Oct 31, 20182 min read


The Top 10 PE10 - UPDATED (Global Equity Valuations)
With the global equity market correction spreading from Emerging Markets and Europe finally over to America too, it's tempting to ask...
Callum Thomas
Oct 31, 20183 min read


Chart Of The Week: U.S. Economic Optimism Running Hot
With markets breaking down around the world, it seems it's all gone wrong and all news is bad news. But I thought I would highlight one...
Callum Thomas
Oct 30, 20181 min read


Trouble Brewing in Private Equity?
In the low yield, low interest rate, low expected return, and low liquidity premium world, cash has flooded into alternative investments...
Callum Thomas
Oct 29, 20182 min read
Weekly Macro Themes - 27 Oct 2018
Here's a brief preview of the topics and charts covered in the latest edition of the Weekly Macro Themes report. To read more and see the...
Topdown Charts
Oct 27, 20182 min read


Chart Of The Week: Death Watch
One relatively obscure technical chart pattern, known ominously as the "death cross", has caught my attention recently. The reason is, if...
Callum Thomas
Oct 25, 20181 min read


S&P500 Seasonality - Year End Rally Time?
As the seasons change so to do the habits and actions of all things from the smallest critter all the way up to the wall street trader. ...
Callum Thomas
Oct 24, 20183 min read


2 Key Rotations Underway in China Property
At the risk of being labelled a reductionist or accused of oversimplifying, my view is with China the key variable is property prices. ...
Callum Thomas
Oct 23, 20182 min read
Weekly Macro Themes - 19 Oct 2018
Here's a brief preview of the topics and charts covered in the latest edition of the Weekly Macro Themes report. To read more and see the...
Topdown Charts
Oct 19, 20181 min read


Chart Of The Week: Cyclicals Vs. Defensives (Defcon?)
I noticed something particularly interesting during the stock market correction last week, and I don't think many are paying this...
Callum Thomas
Oct 19, 20181 min read


VIDEO: Top 5 Charts of the Week
In this video we run through the free weekly email newsletter "The Top 5 Charts of the Week" and add a bit of extra comments and context....
Topdown Charts
Oct 18, 20181 min read


Chart: Global Consumer Confidence and Global Equities
One of my favorite things to do is discover and utilize somewhat obscure, new, misunderstood, or underutilized datasets. Or indeed, to...
Callum Thomas
Oct 17, 20182 min read


Chart: Bank CDS Watch - Stress Signs?
Here's an interesting chart from our Global Cross Asset Market Monitor - it's one of a series of unique and proprietary indicators that...
Callum Thomas
Oct 16, 20181 min read


USDCNY - it's going to 7, folk.
Here's a couple of charts on a topical and divisive subject - the outlook for the Chinese yuan. This is something I've spent a lot of...
Callum Thomas
Oct 15, 20182 min read
Weekly Macro Themes - 12 Oct 2018
Here's a brief preview of the topics and charts covered in the latest edition of the Weekly Macro Themes report. To read more and see the...
Topdown Charts
Oct 12, 20182 min read


Chart: US Cyclicals vs Defensives
Quick chart-flash. The path of global cyclicals vs defensives has been something I have been very focused on, as both a leading...
Callum Thomas
Oct 11, 20181 min read


VIDEO: Top 5 Charts of the Week
In this video we run through the free weekly email newsletter "The Top 5 Charts of the Week" and add a bit of extra comments and context....
Topdown Charts
Oct 11, 20181 min read


Chart: OECD Leading Indicators vs Global Equities
The latest round of OECD leading indicator data showed ongoing softness in the breadth across countries - which is an interesting and...
Callum Thomas
Oct 10, 20181 min read


Chart Of The Week: China Slowing, Copper Headwinds
China's economy is clearly under pressure and it shows, whether you look at the limp performance of the Renminbi, plunging Shanghai...
Callum Thomas
Oct 10, 20181 min read
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