Good morning! Below is Chartcuterie for 5/2/15, cross-posted from Twitter (curated list here).
Lower investment in oil wells shaved 50 bps off of Q1 growth (Bespoke)
Some housing indicators off to their best start since the recession. (BNP)
US monetary conditions are tightening while the developed world is loosening (duh but good chart from CapEco).
Meanwhile term premiums are at their lowest level for a hiking cycle...what could go wrong? (GS)
Interestingly end-user demand has been falling at auction, via JPM. Dealers were very long Trsy duration this week.
Commodity futures net specs across all asset classes are extremely low but within asset classes...whoa. (Barclays)
Speaking of volatility, Morgan Stanley volatility screen of global equity indices...opportunities out there.
MS also sums up Australian investment. From mining iron ore for China to building real estate for them...
HSBC: Credit continues to grow much faster than NGDP across Asia, and credit intensity of GDP continues to climb.
Closing with another Bespoke entry; international names had gotten smoked with strong dollar, but that's reversing.
Chartcuterie will be back tomorrow.
