Daily Charts - *Realized* Equity Risk Premium?

1.*Realized* Equity Risk Premium?

The rolling 10-year ERP has been really good, and that's kind of bad...

This thing clearly moves in cycles, it's late and extended in the cycle, other metrics show a very low forward looking ERP, and this chart just plain looks ripe for mean reversion.

The next 10-years will not be the same. $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

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2.Gold Forecast 2025

Of the analysts surveyed by Reuters, about 50% say gold goes lower (or unch at best) this year, but there's also a decent chunk of bulls and 10% see it heading above $3000/oz $Gold - main 2502(GCmain)$

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3.Some call it "King Dollar"

But maybe it should be *king-maker* dollar... the path of the USD this year will have a huge bearish on risk & return across global markets.

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