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On today’s show we discuss:
The S&P 500 is down 11.8% in the first 48 trading days of 2022, the 4th worst start to a year in history.
The worst 5 starts prior to this year (2009, 2020, 1935, 1933, & 1982) all mounted tremendous comebacks to end the year in strong positive territory. pic.twitter.com/hNDk3tGSZd
— Charlie Bilello (@charliebilello) March 14, 2022
I can’t tell you how many emails we’ve received from young investors over the last two years asking about using leverage.
“If I have a long time horizon, why not?”
Because you don’t know what it feels like to lose 50% in less than four months pic.twitter.com/wwcuUo9Bib
— Michael Batnick (@michaelbatnick) March 14, 2022
Not surprised Brady’s coming back. Between Bitcoin getting cut in half and inflation running high, guys gotta put food on the table.
— Michael Batnick (@michaelbatnick) March 13, 2022
Brady looked at the 10 year at 2% had a talk w/his financial advisor and realized pulling a FIRE using a 4% withdrawal rate simply isn’t feasible
Made the smart move to delay retirement
— Ben Carlson (@awealthofcs) March 13, 2022
With commodities reversing their gains, here’s every major commodity rally since 1784. Stocks make V-bottoms but commodities make V-tops (or is that carrot tops?). The rally in crude ranks as the second biggest one in 250 years. When commodities turn, they turn fast! pic.twitter.com/yU4frdap0s
— Jurrien Timmer (@TimmerFidelity) March 9, 2022
Average hourly earnings have been declining for more than a year as inflation has outpaced nominal wage gains.
This is larger than any 12-month pre-pandemic decline since 1980*.
VERY serious composition issues affecting the exact trajectory so PLEASE read next tweets too. pic.twitter.com/bYjCqDctgE
— Jason Furman (@jasonfurman) March 10, 2022
— Liz Ann Sonders (@LizAnnSonders) March 15, 2022
inflation pressures mounting in the U.S., potentially reversing the 4 decade trend of declining mortgage rates pic.twitter.com/RFgOMZk6BA
— 📈 Len Kiefer 📊 (@lenkiefer) March 14, 2022
“Nine S&P 500 companies
have filed 8-K reports during the past month disclosing revenue exposures to Russia
averaging 2% of sales. These companies account for just 2% of total S&P 500 sales
across their entire operations…” – GS pic.twitter.com/P03g7fTusB
— Sam Ro 📈 (@SamRo) March 12, 2022
The unemployment rate for adults without a high school diploma just hit its lowest level in American history. Absolutely incredible. pic.twitter.com/a5p1aJlyFO
— Joey Politano (@JosephPolitano) March 4, 2022
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