Telling a Story with Charts

We are almost in bear market territory for most of the major indices:

The Baltic Dry Freight Index is down dramatically over the past quarter. This calls into question the international decoupling story:

At present levels the markets looks very oversold. Expect a tick up in equity prices before another leg down:

Location is everything, but with surging inventory, a soft economy and rising unemployment it looks like home prices still have room to fall:


Just how far they fall is hard to tell but if you think that peak to trough will be worse than 21% you can still make money shorting the CME housing futures:


This guy has been in the news a lot recently for talking to much. This article looks at the other side of the coin:

Hat Tips: Bespoke, Ritholtz