"A Reset Is Required": Why Morgan Stanley Sees Pain In The Next 6 Months
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Authored by Tom Ozimek via The Epoch Times, Skyrocketing lumber prices that have tripled over the past 12 months have driven the price of an average new single-family home to rise by $35,872, according to new analysis by the National Association of Home Builders (NAHB), with the price spike threatening to hobble the momentum of the U.S. housing market, one of the bright stars of the recovery from the pandemic recession. While homebuilder sentiment remains optimistic, as indicated by the NAHB Housing Market index, headwinds due to rising building costs have pulled the index down fr ... T...
This Is The Strongest Earnings Season On Record... And The Market Is Hammering Both Beats And Misses by Tyler Durden Monday, May 03, 2021 - 08:10 AM Three weeks ago, just before the start of Q1 earnings season we said "Q1 Earnings Will Be Stellar, But Are Fully Priced-In" noting that "the past quarter is already fully priced in - and expected to be spectacular - which is why actual earnings may only disappoint." We were right. As of this weekend, 303 S&P500 companies have reported first quarter results (75% of total market cap). 69% of companies reporting have beat street wide earnings estima...
by Tyler Durden Friday, Apr 30, 2021 - 12:10 PM Unlike last quarter, when JPMorgan warned of up to $316BN in forced, month and quarter-end pension rebalance selling (which incidentally never materialized), this time around - now that we are at April month-end and some traders are worried that we may see a similar (if scaled down as it is just month, not quarter end) forced rebalance out of stocks and into bonds - JPMorgan sees no such threats. In a month discussing the month-end rebalance, JPM writes that unlike March (and Q) equities have outperformed bonds by just 4% MTD, so based on the ba...