Hartnett Special: 59 Charts and 18 Stats
Silver, Gold and Cocoa, there are no substitutes…
Housekeeping: Good Afternoon. There will be a post tomorrow with some reports and Gold commentary we are looking into for next week. Founders CoT Discussion is scheduled for tomorrow at 2p.m. Regular Hartnett Walkthrough: Why the Fed Must Cut went out this morning.
Intro:
Hartnett’s latest edition of the "Hitchhiker’s Guide to the Investment Universe" provides an overview of the size and composition, risks and returns, cost of capital, leverage, and valuations of the global bond and equity universe.
The 59 exhibits that follow cover: asset inflation and inequality, the US dominance of global bond and equity markets, tech's mastery of equity markets, China's deflation, the inexorable rise of global debt, the history of asset class returns, investor fund flows across asset classes, and secular opportunities and risks for global investors.
Before the extensive chart presentation with detailed explanations (very much like a good power-point) Hartnett starts with 18 stats taht give some context seeking to guide themselves through the next epoch of market gyrations.
Contents:
Hartnett’s 18 must-know stats for investors
Top 10 Charts [re-captioned by us]
Wall Street in Control Again…
Few people and fewer stocks doing well..
EM market cap well below average considering their economies…
Best of the best…
Tech Dominance since 2000…
Borrowing to Stay Afloat…
Did we just restart the 1970s? (2 charts)
Things that Fund managers worry about after the fact…
Silver, Gold and Cocoa, there are no Substitutes…
Rest of the charts
