Finance Charts Daily
The S&P 500 Is Now Up +10.3% Since The March 30 Low
The S&P 500 is now up +10.3% since the March 30 low: A 10%+ gain across an 11-session period has only happened 15 times this century, roughly once every couple of years.
AI traffic winners: OpenAI continues to lose market share in GenAI website traffic, while Google’s Gemini, and Claude are gaining. ChatGPT 56.72% vs 77.43% 12 months ago, Gemini 25.46% vs 6% 12 months ago, Claude 6.02% vs 1.4% 12 months ago.
Chinese oil production hit a record high last month >4.6 m b/d: For sure, just a fraction of what the global oil market has lost from the Persian Gulf, but every droplet helps. (Note Chinese domestic oil production is highly seasonal, and typically peaks in March/April.
Households invested in equities: Percentage of all financial assets held by households is invested in stocks. We just hit a new all-time high of 47.1%. Higher than the dot-com bubble peak (~43% in 2000). Higher than before the 2008 financial crisis (~38% in 2007).
UK DGP: UK February GDP numbers for the UK confirm that the economy was establishing a stronger footing prior to the disruptive impact of the war. This aligns with the frustration expressed this week by high-level British officials, who complained that a recovery has been undermined by the external shock.
