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Economy

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Corporate talk of deglobalization has hit a new high while global trade has slightly decreased in recent years

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The worst bond drawdown is upon us

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US real household net worth

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Rolling 1-year daily return correlations between the S&P 500 and US 10-year treasury

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Forward P/E ratios for S&P stock price indexes

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S&P 500 index bear (and near bear) markets (WW2 - current)

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US residential rent growth since 1974

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The S&P 500 had officially entered a bear market in 2022

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Annual dispersion of CTA managers

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Within secular, cyclical bears tend to be relatively short, shallow or both

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