History does not repeat, but it does rhyme.
Here are some interesting charts we stumbled upon this week. Some bullish, some bearish, but each tells a story about the state of our economy.
— Álvaro Oviedo 🇺🇦 (@alvoviedo) May 29, 2022
— Gabriel (@So_De_Butuca) May 12, 2022
The trailing 12-month P/E ratio for $SPX of 18.8 is below the 5-year average (23.1) and below the 10-year average (20.2). #earnings, #earningsinsight, https://t.co/gGPfcrwPi0 pic.twitter.com/pWKe959MQU
— FactSet (@FactSet) May 29, 2022
— JE$US (@WallStJesus) May 30, 2022
1. The market was up 6% last week.
Here's what it do when it goes like that…
(mostly awesome, unless it's 2008/1974)
— Callum Thomas (@Callum_Thomas) May 28, 2022
Consumer sentiment continued to decline in May to levels that are competing with the Great Financial Crisis. pic.twitter.com/TbFCbJ3HF5
— Markets & Mayhem (@Mayhem4Markets) May 29, 2022
German inflation rate jumps to 7.9% in May.
This marks the highest rate of inflation since German reunification.
— Patrick Hansen (@paddi_hansen) May 30, 2022
And the ACTUAL quantity of reserves held is 59%, not even remotely close to any other currency held in reserve.
— Cullen Roche (@cullenroche) May 30, 2022
Goodbye to the savings boom: personal savings rate has fallen to 4.4%, which is back to financial crisis-era levels (lowest since September 2008) pic.twitter.com/Lnbrob7ZmN
— Liz Ann Sonders (@LizAnnSonders) May 31, 2022
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