5 charts from the past week that tell an interesting story in markets and investing…
1. Winners and Losers
The best and worst performing stocks in the S&P 500 and Russell 1000 this year…
2. Jobs Coming Back … Slowly
The US Unemployment Rate moved down to 13.3% in May from 14.7% in April.
The peak % in prior recessions…
- 2007-09: 10.0%
- 2001: 6.3%
- 1990-1991: 7.8%
- 1981-1982: 10.8%
- 1973-75: 9.0%
- 1969-70: 6.1%
- 1960-61: 7.1%
- 1957-58: 7.5%
- 1953-54: 6.1%
- 1948-49: 7.9%
3. Volatility Crushed
The Volatility Index (VIX) moved below its 200-day moving average this week for the first time since February 20.
The 63% decline in volatility over the past 10 weeks is the largest 10-week decline in history.
What a difference in sentiment from where we stood back in March.
4. Guns & Ammo
People are buying more guns and ammo, and gun-related stocks are benefiting.
5. Global Growth and Inflation
Year-over-year economic growth rates slowed in the first quarter with larger declines expected for Q2.
Inflation rates have plummeted in almost every country around the world…
And that’s it for this week. Thanks for reading.
Have a great weekend!
-Charlie
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For our full disclosures, click here.
