Rolling 60-day correlation between S&P 500 and Bloomberg Commodity Spot Index has slipped further into negative territory pic.twitter.com/CQJghTWbD1

Foreign purchases of U.S. equities have been incredibly volatile over past several years; negative in February (latest data available) but dip wasn’t as severe as in prior months pic.twitter.com/9KZ0ZNAPFQ

This goes some way in reconciling what had been a notable divergence between much of the macro data (strong) and quite a few of the bottom-up indicators (weaker). #economy #growth #markets pic.twitter.com/OovJ1FVYBy

S&P 500 with a max pullback of 5.5% in '24 so far. Since 1980, only 4 full years saw a smaller pullback. Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL