Equities: Half the stocks in the S&P 500 are lagging the index by over 10%. Only 22% of the members are outperforming by more than 10%. Such divergence is highly unusual.
Alternatives: SPACs have been popular in recent years, with demand ratcheting up in 2020.
Here are the annualized returns for alternative investments (including art) since 1985.
Credit: The pipeline of potential downgrades from investment-grade to junk remains elevated.
China: Given the nation’s GDP per capita, China’s high-tech sector is quite large.
United States: At the national level, the World Economics SMI report still shows business activity in contraction territory.
Food For Thought: US Supreme Court justices favorability ratings:
Edited by Daniel Moskovits
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