DC Lite #103

5 of Tuesday's best charts and insights

Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights. Upgrade to get all 30 charts.

Administrative note: Daily Chartbook will be on vacation from May 1 to May 10, during which no newsletters will be published. DC Lite will resume on Monday, May 13. 

1. NFIB. The Small Business Optimism Index dropped to its lowest level in March since December 2012. It was the 3rd straight decline and the 50th consecutive month below the 50-year average of 98.

Image

2. Gold vs. copper. "Gold is getting all the attention, and rightly so. But just FYI, the Gold/Copper Ratio remains a strong tailwind for Copper."

Image

3. Weekly ETF flows. "Over past week, global ETFs had largest inflows while agg bond funds came in second place ... much less interest in non-cyclical sectors (most outflows) and high yield."

Image

4. GEMs vs. DM stocks. Global "emerging market funds are loading up on developed market stocks."

5. Global earnings sentiment. Emerging Markets have seen a sharp decline in earnings sentiment over the past month.

Reply

or to participate.