The 8 Best Charts Of The Week

gold monday mornings

Photo: PeakProsperity

The world is changing, and nowhere is that better illustrated than in a good series of charts.Luckily, we’ve seen no shortage of excellent charts this week that amply illustrate the changes underway.

The best charts this week touch on everything from a mysterious 8:20 AM trading pattern to just how bad Wall Street is at forecasting.

Now, let’s go to the charts.

U.S. housing supply is at its lowest level in 8 years

In the fourth quarter, hedge funds reduced their gold holdings to the lowest levels in at least four years

Goldman says actual economic outcomes always tend to come in well short of Wall Street forecasts

On a related note, Wall Street analysts continue revising down earnings expectations even as the S&P 500 continues to rise

The equity risk premium has been dragging gold down with it in recent months

The shiny yellow metal seems to get mugged every Monday morning at 8:20 AM

Don't forget about the Italian elections this weekend! Darkhorse anti-establishment candidate Beppe Grillo has seen a surge in interest headed into the final days

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