You’ve likely seen Bespoke’s premium research before, but we continue to publish unique and timely analysis in reports like our Morning Lineup, BIG Tips, Sector Snapshot, Bespoke Baskets, Closer, and more.

Additionally, every Friday we publish our Bespoke Report newsletter — a detailed PDF that is easily digestible but super informative.  You can see Bespoke’s current thoughts on global markets and the economy in this report.

If you’re not yet a Bespoke subscriber, you can gain access by simply starting a two-week trial to any of the three Bespoke membership levels.  You can revisit our membership options here.

At the bottom of this post, we provide samples of some of our reports to give you a better understanding of what you will receive at different membership levels. We hope you enjoy these complimentary samples, and hope to see you join our community soon!

Below is a look at a handful of charts published this week that we thought were interesting or noteworthy.  Receive charts and analysis like this in your inbox daily by signing up for a two-week trial to Bespoke Premium.

So far in December, the Consumer Staples sector has far outperformed the Consumer Discretionary sector. Although this is great for holders of stocks like Procter & Gamble (PG) and Pepsico (PEP), this has historically been an ominous sign for the broader market. When Consumer Staples has outperformed Consumer Discretionary by 10+ percentage points on a month to date basis, the broader S&P 500 has struggled in the intermediate term, at least going back to 1990. Take a look at the charts below to gain further insight into this phenomenon.

Unlike prior recessions, the US share of the aggregate global market cap did not decrease significantly during the COVID crash. This is largely due to the fact that this recession was global by nature, whereas previous pullbacks were more concentrated into the US. Since the bottom of the COVID crash, the proportionate share of the US has risen by 4.97 percentage points.

Although performance from the broader emerging markets category has been negative on a year to date basis, there are certainly pockets of strength. Taiwan, India, and Russia have all seen double digit gains so far this year, but countries like Brazil, China, and South Korea have weighed down related indices and ETFs.

SPLV, which tracks low volatility members of the S&P 500, has been significantly outperforming the S&P 500 over the last two weeks. This week, the spread between SPLV and SPY hit the highest level seen since 1/31/20, which was less than a month before the COVID crash. SPLV outperformance tells us that investors are wary about the prospects of the market and are flocking to safer names.

According to survey results released by the Small Business Association, inflation is tied with taxes for the second most important problem for small businesses, trailing only the quality of labor. Inflation has not ranked at this level since 2008, when it briefly became the number one issue that small businesses faced.

The charts above are interesting and made readily available to non-members, but the research we publish for members in our Chart of The Day is even more informative. You can get access to our Chart of the Day and more by enrolling at the Bespoke Newsletter membership level, which costs just over a dollar per day ($395 annually). Get started with a 14 day trial today!

With a Bespoke Premium membership — one level up from Bespoke Newsletter — you will also gain access to our Morning Lineup and Sector Snapshot, which keep you updated on everything going on in markets ahead of the open. In addition to these reports, you will be able to see the Bespoke 50 (a basket of 50 notable growth stocks) and the Bespoke Metaverse Index (comprised of the 40 names most exposed to the development of the metaverse). Start your 14 day trial to Bespoke Premium now.

If you would like to receive everything that we offer, the Bespoke Institutional membership is right for you. On top of the reports that we mentioned above, you will have access to our Little Known Stocks Report, Conference Call Recaps, daily Closer, and all of our interactive investor tools. Start your 14 day trial to Bespoke Institutional today.

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