Macrocharting interesting data, a compilation of Johnny's tweets

7/4/17: taking the summer off, be back in the fall
Johnny

June 2017

Current Month Topics

Permits
Everyone Rotate
Yield Spread Disagreement
Foreign Debt Bidders
Can Kicking 101
Workers are quitting
Faceless Landlords
The Rent is Too Damn High
Federal Deficit
Nasdaq Monthly and Daily
VIX 9.5
Explaining 2016
Job Cycles
Bonds are Just Saying No
Payroll Growth


Previous Months

May 2017
April 2017
March 2017
February 2017
January 2017

Current Month Details

Permits

Like so many other indicators, Housing Permits were boosted in 2016 from both cheap rates and the Trump Bump, and now may be petering out. pic.twitter.com/HgN4CIA8Xt

— John Alexander (@MacroCharting) June 27, 2017

Everyone Rotate

CNBC says stocks are a screaming buy, but their premise is dubious.
Their thoughts in red, my thoughts in green.
https://t.co/mgSWvz0iMK pic.twitter.com/sAd2zNXGSD

— John Alexander (@MacroCharting) June 22, 2017

Current Month Details

Yield Spread Disagreement

The Yield Spread points to weak growth yet stocks are pointed up. Which is right? Better be stocks, as the Fed has no dry powder this time pic.twitter.com/jKRW300Hjw

— John Alexander (@MacroCharting) June 20, 2017

Foreign Debt Bidders

With the long term growth outlook so weak you'd expect bond rates to keep falling, but the picture can get muddied by other factors. pic.twitter.com/Mwwd4hDXkg

— John Alexander (@MacroCharting) June 19, 2017

Can Kicking 101

Why are recessions now more infrequent, yet more severe? Because borrowing $2 to grow $1 is still technically expansion. Can-kicking 101. pic.twitter.com/EcHLDrUGCN

— John Alexander (@MacroCharting) June 18, 2017

Workers are quitting

Why are jobless claims so low? For one thing, workers are now twice as likely to quit than they are to be laid off. That's a first.#Jobs pic.twitter.com/BjHChpsuSl

— John Alexander (@MacroCharting) June 15, 2017

Faceless Landlords

90 years of cheaper rents, as long as you don't count recessions, and you don't count now#facelesslandlords pic.twitter.com/9qvHgHv66x

— John Alexander (@MacroCharting) June 14, 2017

The Rent is Too Damn High

The Rent is Too Damn High. pic.twitter.com/5vUTXPfuix

— John Alexander (@MacroCharting) June 14, 2017

Nasdaq Monthly and Daily

Nasdaq monthly close with daily close inlay close-up. Watching the 6/30 monthly close vs 6300. Note this week's daily double top at 6300. pic.twitter.com/DUdYHN035P

— John Alexander (@MacroCharting) June 10, 2017

VIX 9.5

Forget airplane peanuts, What's The Deal With 9.5?

The VIX is again leaping upward after a brief intraday touch below 9.5.
pic.twitter.com/ZzTuwudH1c

— John Alexander (@MacroCharting) June 9, 2017

Explaining 2016

Market bears do not trust the 2016 bounce off spx 1810. The Auto Sales story provides just one explanation why. pic.twitter.com/uxPro3pkac

— John Alexander (@MacroCharting) June 7, 2017

Job Cycles

Phases of a bull market: first hiring growth peaks, then quitting growth peaks, then both decline. Sometime later, equities give up.#Jobs pic.twitter.com/kSl9KOWVYZ

— John Alexander (@MacroCharting) June 6, 2017

Bonds are Just Saying No

While most price-only charts now say we're in a runaway breakout with no top in sight, bonds are loudly non-confirming this run-up. Weird. pic.twitter.com/BP8yFNB2yR

— John Alexander (@MacroCharting) June 4, 2017

Payroll Growth

TTM Payroll Growth is downtrending but not alarmingly so, just keeping an eye on it. pic.twitter.com/s7b57mUIu6

— John Alexander (@MacroCharting) June 3, 2017