- Daily Chartbook
- Posts
- DC Lite #260
In partnership with
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights. Upgrade to get all 30 charts.
1. Real incomes vs. FFR. "Households’ real personal income, even after netting out interest payments (including mortgage interest), is positive and rising. It is very unusual for Fed to be cutting rates when real income is improving."
2. CPI. "The Waller Rule - which looks at how many CPI basket components are running >2.5% annualised inflation - shot up in Nov. The breadth of inflation was high esp for a Nov. Worryingly, 6M trend ticking up into a seasonally hot period for inflation (Q1)."
3. Consumers vs. stocks. "US consumers have never felt so optimistic about gains in the stock market over the next 12 months, eclipsing anything we saw around 2000."
Sponsored content:
Wall Street loads up on surprising $2.1tn asset class
Bank of America. UBS. JP Morgan. They’re all building (or have already built) massive investments in one $2.1tn asset class—and it’s not what you think. It’s not private equity or real estate, but fine art. Why?
In partnership with Masterworks, data from Citi shows it’s a potent diversifier with low correlation, and certain segments have even outpaced traditional investments. Take blue-chip contemporary art, which has outpaced the S&P 500 by 64% (1995-2023).
Masterworks knows the power of art investing, with their platform giving 900k+ users the opportunity to invest in this asset class as part of their overall portfolio strategy. In fact, from their 23 exits so far, Masterworks investors have realized representative annualized net returns like +17.6%, +17.8%, and +21.5%* (among assets held for longer than one year).
With so many users, Masterworks offerings can sell out quickly.
Past performance not indicative of future returns. Investing Involves Risk. See Important Disclosures at masterworks.com/cd.
4. Investment Manager Index. "Risk appetite highest since April 2021 as investors see US equities gaining value through 2025 ... Bullishness is led by financials and tech, while defensives, energy, and real estate suffer from investor disfavor."
5. Valuation vs. earnings. “Typically, the P/E-expansion happens in the first year of a new bull market, at which point the baton gets passed to earnings. We are now in year 3 of the cycle and earnings are indeed doing the lifting, but so are valuations. This is somewhat unusual.”
Sponsored content:
This Smart Home Company Hit $10 Million in Revenue—and It’s Just the Beginning
No, it’s not Ring or Nest—it’s RYSE, the company redefining smart home innovation, and you can invest for just $1.75 per share.
RYSE’s patented SmartShades are transforming how people control their window shades—offering seamless automation without costly replacements. With 10 fully granted patents and a pivotal Amazon court judgment safeguarding their technology, RYSE has established itself as a market leader in an industry projected to grow 23% annually.
This year, RYSE surpassed $10 million in total revenue, expanded to 127 Best Buy locations, and experienced explosive 200% month-over-month growth. With partnerships in progress with major retailers like Lowe’s and Home Depot, they’re set for even bigger milestones, including international expansion and new product launches.
This is your last chance to invest at the current share price before their next stage of growth drives even greater demand.
Reply