DailyChartBook
Curator sharing momentum/TA insights and JC Parets commentary with tactical regime notes and levels.
US M&A Deal Volume Drops 15% in March
"U.S. M&A deal activity decreased in March, going down 15.4% with 946 announcements compared to 1,118 in February. Aggregate M&A spending decreased as well. In March, 51.3% less was spent on deals compared to February." -FactSet
Public Companies Now Outlast Since 1970s
"The longevity of public companies is the longest it has been since the 1970s." -Michael Mauboussin, Morgan Stanley
Commercial Banks Boost Lending Amid Shadow Banking Strains
"While there are cracks in the 'shadow' banking system, commercial banks are actually increasing their lending. There's no sign of a credit crunch in the Fed's weekly bank loan data." -Yardeni
Defense Capital Goods Shipments Jump 26% YoY, Fastest Since 2010
"Shipments of defense-related capital goods surged 26.1% YoY in February—the fastest pace since 2010" -Larry Adam, Raymond James
US PMI March: Broad Growth, Slowing Expansion Across Sectors
US sector PMIs: "March data pointed to higher levels of business activity in five out of seven US sectors, but in almost all cases the pace of expansion slowed since the previous month." -S&P Global
Q1 Global M&A Surges 20% to $1.3 Trillion
Global M&A: "Transaction values of about $1.3 trillion [in Q1] were almost 20% higher than the same period last year" -John Authers, BBG
Data Centers to Consume 220% More Power by 2030
Goldman Sachs "now projects global power demand from data centers to grow 220% by 2030 relative to 2023 levels, up from 175% previously."
OpenAI, Anthropic Face Massive Cash Burn, Depend on IPO Funding
"Both OpenAI and Anthropic will burn through a giant amount of cash in the coming years, and are counting on their IPO investors to help buoy their businesses." -WSJ
Middle East Gulf Supplies only 8% of U.S. Crude Imports
"Imports from the Middle East Gulf region made up 8% of the 6.2 million b/d of U.S. crude oil imports in 2025" -EIA
AI Will Fuel Bull Market Despite GPU Scarcity
"As the Iran War has ebbed and flowed, GPU availability for B200s has collapsed to zero...H100s close behind. Whatever happens with the war, the AI complex is likely to lead any true sustainable bull market" -Warren Pies, 3Fourteen Research
S&P 500 Shows Decade‑Best Positive Skew,
"On a 3 year basis S&P500 returns have had the most positive skew in decades. We are in a 'stairs down, elevator up' environment. The era of TACO" -Juan Correa-Ossa, BCA
Aging Boomers Push Pensions to Dump Stocks for Bonds
"As the population is aging, defined contribution pensions are increasing net sellers of equities as net purchases of financial assets slow ... the baby-boomer generation is at the cusp of swapping equities for debt (bills and notes, mostly)." -Steven Blitz, TS...
Core PCE Climbs 0.4% for Third Consecutive Month
"Wall Street forecasters estimate the core PCE index (due Thursday) rose 0.39% in February, which would round to 0.4% for the third straight month" -Nick Timiraos, WSJ
Manufacturing Grows Amid War, S&P Global Shows
"Data collected by S&P Global suggest that manufacturing is expanding despite the war" -John Authers, BBG
GDP 2.3% Growth, CPI Near 3% by Year-End
"Consensus estimates from Bloomberg now project GDP at 2.28% and headline CPI inflation at 3% to end the year." -Josh Schafer
