Charts & Chat - May 7, 2023
Eric Boyce • May 8, 2023
During the course of our daily research, we come across interesting and illustrative charts which do a great job in articulating a point we'd like to make regarding the market or the economy.
I am also including at the end my summary comments on important issues related to the market and economy over the last week, and what to look for in the week ahead.
We hope you enjoy...

By Eric Boyce
•
September 21, 2026
This week, CEO Eric Boyce, CFA discusses: 1. global oil inventories are falling, creating additional risk within the energy markets 2. Fed rate increase this past week following inflation data, more hikes expected. Dollar strong as a result 3. interest rates and yields rising, impacting cost of capital and risk repricing. Corporate balance sheets remain strong, though 4. Philly Fed data positive; housing starts and sentiment remain weak; retail sales ahead of expectations 5. Import and export prices above expectations, more energy related price impacts likely. Tech import prices accelerating 6. gold ETF inflows strong, more central bank gold investment and US Treasury disinvestment; foreign investment remains strong, however 7. earnings growth expectations remain very strong, anchored by tech AND energy; industrial valuations now ahead of tech





