Good morning! Below is Chartcuterie for 5/3/15, cross-posted from Twitter (curated list here).
First off, ports...expect Imports to surge & consumption to rise from Q1 -> Q2, w/ possible revisions to Q1 (Bespoke)
Citi on semiconductors. An increasingly fragmented market as the internet of things puts internet in things.
BNP thinks US yield differential should bounce, and the USD with it.
CapEco on Commodities. Base and Industrial metals are your leaders (with the curve steepening too...hmmm...).
BAML on the month that was in US fixed income. Hope you got some TIPS on that junk... gets coat/dies in explosion
CS notes big upward revisions to payrolls tend to follow months with big downside misses.
CapEco wonders if Irish eco stats are being skewed by inversions; monthly customs trade data vs GDP data at bottom.
UBS: Household formation, BOO YAH!
And further from UBS, plans to move out appear to be rising among those living with parents/etc.
Final chart: watch out below in oil-flated Houston (5.7% of nat'l total) as building permits are plunging. (Bespoke)
That's it for this weekend. Chartcuterie will be back next Saturday.
