DC Lite #150
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1. Home price valuations. "Homes are as overvalued as they were near the peak of the 2000s bubble."
2. LinkUp jobs. "I hope this is a data error, but LinkUp’s estimate of job openings posted by America’s top 10,000 companies is crashing."
3. Stocks vs. bond yields. "All the net gains for the S&P 500 over the past three years (as well as the past quarter century) have come when 6-month momentum in corporate bond yields was negative. While yields are currently off their peak, they are also higher than they were 6 months ago."
See: Hi Mount Research
4. HFs vs. Cyclicals vs. Defensive. "Hedge funds’ exposure to cyclical vs. defensive sectors is at an all-time low."
5. Disobedient sectors. "Usually at key market top there is a disobedient sector that has a rolling 12-month return of -20% or more.. Right now, this isn't an issue."
