Charts & Chat - November 24, 2024
Eric Boyce • November 24, 2024
This week, CEO Eric Boyce, CFA discusses:
1. Trade trends and the impact of the strong dollar and potential tariff polices
2. New business applications up; leading indicators remain subdued
3. Residential housing inventory is up, even if builder sentiment is still soft
4. Loan demand off, but lenders still are lending; commercial non-performing loans picking up
5. Investor liquidity at high point; international purchases of US assets also peaking - driving valuations higher
6. Fund flows are strong for both stocks and bonds; mutual funds running very low cash levels

By Eric Boyce
•
October 12, 2026
This week, CEO Eric Boyce, CFA discusses: 1. More confirming data points on economic expansion; pricing power 2. stable employment trends, with declining continuing claims and 3. Atlanta Fed GDP Now estimates 3.6% annualized growth in 3rd quarter 4. Long term inflation expectations are anchored; demand driven 5. higher interest rates taking toll on interest rate sensitive sectors (home/auto) 6. Rents trending higher, shift from buyers to renters amidst declining supply and homeowner cost push 7. AI theme intact; potential volatility if expectations falter; rapid rise in semis and tech imports 8. in 4th year of bull market in stocks - 5th year average return 12%; valuations still high yet off peaks; breadth declining; small caps underperforming. 9. bond sell-off may be near conclusion; helping to drive dollar higher; yield change reflects increase in real yields, partially driven by demand for credit






