@ercorbeil Profile picture

Eric Corbeil

@ercorbeil

Investment Strategy, Fan of Travel. All tweets are for informational purposes only.

Joined December 2013
Similar User
RN Registered Nurse Network photo

@linkedrn

SilverSeek.com photo

@SilverSeekcom

Trey Henninger | DIYInvesting photo

@TreyHenninger

ProdigyFragz photo

@ProdigyFragz

Vikki Choudhry photo

@vikkichoudhry

Chris Swart photo

@BwanaChris

blj.co.id photo

@BLoungeID

Emma OBrien photo

@ek_obrien

That One Guy in Crypto photo

@treycrypto

According to the NBER, the Covid-19 recession was the shortest on record. This recession ended the longest recorded economic expansion, which started in June 2009 and lasted 128 months.

ercorbeil's tweet image. According to the NBER, the Covid-19 recession was the shortest on record. This recession ended the longest recorded economic expansion, which started in June 2009 and lasted 128 months.

Interesting analysis from @PineBridge: Historical asset class performance during four phases of ISM New Orders. The firm argued that in past periods when ISM new orders were coming off their boil, as they appear poised to do later in H2, credit assets have tended to outperform.

ercorbeil's tweet image. Interesting analysis from @PineBridge: Historical asset class performance during four phases of ISM New Orders. The firm argued that in past periods when ISM new orders were coming off their boil, as they appear poised to do later in H2, credit assets have tended to outperform.

Individual investors’ share of U.S. #equities trading volume keeps growing with a large jump of almost 10% share since online brokerages moved en masse to commission-free trading and the Covid-19 pandemic.

ercorbeil's tweet image. Individual investors’ share of U.S. #equities trading volume keeps growing with a large jump of almost 10% share since online brokerages moved en masse to commission-free trading and the Covid-19 pandemic.

Is monetary policy overly stimulative? The spread between US Real GDP growth and the 2-year Real interest rate is by far the largest on record. #FOMC

ercorbeil's tweet image. Is monetary policy overly stimulative? The spread between US Real GDP growth and the 2-year Real interest rate is by far the largest on record. #FOMC

Interesting to note each time the #Fed engaged in quantitative easing, #yields rose during the #QE period and fell when QE ended. #Macro #rates $TLT

ercorbeil's tweet image. Interesting to note each time the #Fed engaged in quantitative easing, #yields rose during the #QE period and fell when QE ended. #Macro #rates $TLT

It will be interesting to monitor future changes in the owners' equivalent rent component (42% of core CPI) as some forward looking indicators are pointing to an imminent jump in this #inflation component. $DXY #yields #Macro

ercorbeil's tweet image. It will be interesting to monitor future changes in the owners' equivalent rent component (42% of core CPI) as some forward looking indicators are pointing to an imminent jump in this #inflation component. $DXY #yields #Macro

Inflation and unemployment measures are already close to levels that historically pushed the #Fed to start a rate hike cycle. The new monetary policy framework of flexible average #inflation targeting still suggests that using history as a guide may be flawed this time around.

ercorbeil's tweet image. Inflation and unemployment measures are already close to levels that historically pushed the #Fed to start a rate hike cycle. The new monetary policy framework of flexible average #inflation targeting still suggests that using history as a guide may be flawed this time around.

Eric Corbeil Reposted

… changes in the @ism help to explain the two dominant drivers of equity markets: 1) Earnings Revisions (earnings!); and 2) Financial Conditions (valuations!). Other factors can create noise or volatility, but the cycle always wins. #stocks #macro #earnings #valuations #risk

MichaelKantro's tweet image. … changes in the @ism help to explain the two dominant drivers of equity markets: 1) Earnings Revisions (earnings!); and 2) Financial Conditions (valuations!). 

Other factors can create noise or volatility, but the cycle always wins. #stocks #macro #earnings #valuations #risk
MichaelKantro's tweet image. … changes in the @ism help to explain the two dominant drivers of equity markets: 1) Earnings Revisions (earnings!); and 2) Financial Conditions (valuations!). 

Other factors can create noise or volatility, but the cycle always wins. #stocks #macro #earnings #valuations #risk
MichaelKantro's tweet image. … changes in the @ism help to explain the two dominant drivers of equity markets: 1) Earnings Revisions (earnings!); and 2) Financial Conditions (valuations!). 

Other factors can create noise or volatility, but the cycle always wins. #stocks #macro #earnings #valuations #risk

Eric Corbeil Reposted

The business cycle evolves via an “action-reaction” framework. Fluctuations in the cost of money result, with a lag, in fluctuations in economic activity. PMIs will continue to plateau at these strong levels until early 2022. #macro #businesscycle #stocks #earnings@ism

MichaelKantro's tweet image. The business cycle evolves via an “action-reaction” framework. Fluctuations in the cost of money result, with a lag, in fluctuations in economic activity. PMIs will continue to plateau at these strong levels until early 2022. #macro #businesscycle #stocks #earnings ⁦@ism⁩

The sharp turn in the correlation between daily changes in stock and bond prices is consistent with higher levels of realized inflation. #stocks #yields

ercorbeil's tweet image. The sharp turn in the correlation between daily changes in stock and bond prices is consistent with higher levels of realized inflation. #stocks #yields

The correlation of the daily changes in stock prices and bond #yields over the past 100 days is now in negative territory and at its lowest level in more than 15 years. #bonds #stocks

ercorbeil's tweet image. The correlation of the daily changes in stock prices and bond #yields over the past 100 days is now in negative territory and at its lowest level in more than 15 years. #bonds #stocks


Eric Corbeil Reposted

Bull Markets tend to be a bit more choppy in their second year but returns are generally positive. Volatility is normal in healthy markets.

LegacyCapitalWM's tweet image. Bull Markets tend to be a bit more choppy in their second year but returns are generally positive. Volatility is normal in healthy markets.

Minimizing cash allocations among U.S. equity mutual funds has been a clear trend over the past ten years. #equities

ercorbeil's tweet image. Minimizing cash allocations among U.S. equity mutual funds has been a clear trend over the past ten years. #equities

A different commodity bull run: Miners are returning more money to investors. Dividends are almost equal to capital expenditures, which rose to $75B last year among 45 of the world’s largest miners. #Commodities

ercorbeil's tweet image. A different commodity bull run: Miners are returning more money to investors. Dividends are almost equal to capital expenditures, which rose to $75B last year among 45 of the world’s largest miners. #Commodities

Today's consumer confidence report still portrayed a tight labor market with the differential between the % of consumers reporting that jobs are plentiful and those saying jobs are hard to get increasing to 34.6 in May. Impressive jump over the past few months. #Macro

ercorbeil's tweet image. Today's consumer confidence report still portrayed a tight labor market with the differential between the % of consumers reporting that jobs are plentiful and those saying jobs are hard to get increasing to 34.6 in May. Impressive jump over the past few months. #Macro

History suggests that asset classes can perform very differently in different inflation environments. #macro #stocks #bonds #Commodities

ercorbeil's tweet image. History suggests that asset classes can perform very differently in different inflation environments. #macro #stocks #bonds #Commodities

Interesting statistics from yesterday's edition of the @WSJ : "The #fashion industry contributes up to 10% of global carbon emissions. By comparison, commercial aviation generates just 2% to 3%, according to @Citi analysts". #ESG


Wages have risen quickly this year in low-wage industries. Lower-wage workers also report much higher pay expectations for potential jobs. #inflation #macro

ercorbeil's tweet image. Wages have risen quickly this year in low-wage industries. Lower-wage workers also report much higher pay expectations for potential jobs. #inflation #macro

Something to keep in mind: Several of the Consumer Packaged Goods companies that participated at this week's Global Staples Forum warned that input costs pressures might only get worse next year, as hedges gradually roll off. #inflation #macro


The correlation of the daily changes in stock prices and bond #yields over the past 100 days is now in negative territory and at its lowest level in more than 15 years. #bonds #stocks

ercorbeil's tweet image. The correlation of the daily changes in stock prices and bond #yields over the past 100 days is now in negative territory and at its lowest level in more than 15 years. #bonds #stocks

U.S. equity issuance as a % of GDP is higher now than during the Internet Bubble. #stocks

ercorbeil's tweet image. U.S. equity issuance as a % of GDP is higher now than during the Internet Bubble. #stocks

Loading...

Something went wrong.


Something went wrong.