Good morning! Below is Chartcuterie for 3/29/15, cross-posted from Twitter (curated list here).
Global Flash PMIs this week: looking up, other than Asia. (Bespoke)
GS summarizes YTD returns and Sharpes.
DB: Lat Am has pivoted to China.
Not all EM currencies share the same drivers. BNP breaks down "risk" vs "dollar" driven EM crosses.
DB's model of 5s10s (funds rate, 2s-funds curve, 5y UMich inflation expectations) says curve way too flat.
Elsewhere in regressions, JPM says sell GBP into UK elections.
Citi says we are ~78% of the way through the current credit cycle.
While we may be ~78% of the way through, spreads are much wider than in previous cycles. (Citi)
Another example of risk appetite remaining muted in terms of market premia: normalized skew is extremely high. (GS)
Finally: Cleveland Fed Median CPI is 3.0% vs 0.0% for headline. Widest spread in a decade. (Bespoke)
Correction on the below: that's Median CPI annualized not YoY % Change in median CPI
Thanks to @Fullcarry for the catch.
That's it for Chartcuterie this weekend. See you next Saturday morning for more!