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Are US HY Credit Spreads "Too Low"?
In my conversations with clients a common topic of interest is that of US high yield credit spreads. Indeed, it's almost the opposite...
Callum Thomas
Nov 7, 20172 min read


ChartBrief 163 - Key charts on US Margin Debt
NYSE Margin Debt is an important indicator for US equities as it both reflects sentiment and tracks the amount of leverage and buying...
Callum Thomas
Nov 4, 20172 min read
Weekly Macro Themes - 3 Nov 2017
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
Nov 3, 20172 min read
Weekly Macro Themes - 27 Oct 2017
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, 20172 min read


ChartBrief 162 - Stockmarket Sentiment Surges
Funny things can happen when you mix human psychology with greed and constant stimulus. The seemingly straight-line march upward in the...
Callum Thomas
Oct 27, 20172 min read


Passive Investors Beware of Lopsidedness
A curious trend has emerged within one of the world's major equity benchmarks: the S&P500. As passive or index investors should be well...
Callum Thomas
Oct 26, 20172 min read


VIDEO: The Fed, Inflation, and Full Employment
In this video we look at the Fed, inflation and full employment. Specifically, the video walks you through a couple of slides of a...
Topdown Charts
Oct 25, 20171 min read
Weekly Macro Themes - 20 Oct 2017
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 21, 20172 min read


VIDEO: TOPIX and the Japanese Yen
In this video we look at the outlook for Japanese equities along with the view on the Japanese Yen and how it ties in with the...
Topdown Charts
Oct 18, 20171 min read


ChartBrief 161 - Implied Correlation and SKEW
We hear a lot about the VIX and how volatility is low, but we rarely hear about the VIX's siblings: the CBOE SKEW Index and the CBOE...
Callum Thomas
Oct 18, 20172 min read


Is the Unemployment Rate "right"?
The topic of the unemployment rate has come up a lot recently with regards to debates around full employment, wage growth, inflation, the...
Callum Thomas
Oct 17, 20172 min read


ChartBrief 160 - China and Reflation
Chinese PPI inflation picked up further in September, accelerating to 6.9% (6.3% previous, and consensus). It forms part of a trend that...
Callum Thomas
Oct 17, 20172 min read


Weekly Sentiment Survey: Red Flag
This article reviews the data from the latest weekly sentiment survey we conduct over on Twitter. The survey measures respondents'...
Callum Thomas
Oct 16, 20172 min read
Weekly Macro Themes - 13 Oct 2017
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 13, 20172 min read


ChartBrief 159 - Emerging Economies go from Doom to Boom
Quick update today on the latest round of OECD Composite Leading Indicators and an observation on monetary policy trends within emerging...
Callum Thomas
Oct 12, 20172 min read


VIDEO: The Big Risk for the US Dollar
In this video we look at the big (upside) risk for the US Dollar Index (DXY). Specifically, the video walks you through a couple of...
Topdown Charts
Oct 11, 20171 min read


ChartBrief 158 - Bond Volatility at Rock Bottom
Just like with markets and economies, humans go through cycles of emotion and turning points - it's often the case that when someone hits...
Callum Thomas
Oct 11, 20172 min read


Maturity Creep - a key trend for global bond investors
I was looking through some statistics on the global government bond markets, specifically the Thomson Reuters Government Bond Indexes. A...
Callum Thomas
Oct 10, 20172 min read


ChartBrief 157 - Global Equity Breadth Check
In this article we look at a 3 key charts on global equities that utilize market breadth techniques. In this case we are looking at the...
Callum Thomas
Oct 9, 20172 min read


Weekly Sentiment Survey: Bond Bears and Equity Bulls
This article reviews the data from the latest weekly sentiment survey we conduct over on Twitter. The survey measures respondents'...
Callum Thomas
Oct 9, 20172 min read
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