Daily Charts - Tech = Earnings inflation, Non-tech = Earnings stagnation

Callum_Thomas
01-01

1.Tech = Earnings inflation

Non-tech = Earnings stagnation

What this means for investors

$.IXIC(.IXIC)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$

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2.Equity Culture: US investors allocate 3x as much of their financial assets to equities than those in Europe/UK. Is this a culture thing? or is there something else to it…

Another point to ponder is the impact of this on valuations -- it should be no surprise that European stocks trade at a big discount vs US when you see this chart!

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3.EM Equities actually had a decent run last year,

and funnily enough, after an earlier push higher, Investor Sentiment on emerging markets has dropped back towards where it was the start of the year!

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4.The Trailing 10-year Equity Risk Premium

-past 10yrs has been positive

-much higher than average

-maybe a little too good...

(there is a cycle here) $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

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Comments

  • KSR
    01-01
    KSR
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