Distribution of U.S. Inflation Rate Is inflation really dead? It may not be dead forever. This great chart shows that the distribution of the U.S. inflation rate has been fairly good since 1871. Image: Fidelity…

Wall Street’s 2020 Price Targets for the S&P 500 Here are the 2020 year-end targets for the S&P 500 from Wall Street strategists. Image: Yahoo Finance

U.S. Corporate Profits and 10Y-3M Yield Curve While the divergence between large-cap profits and the rest of the economy is the widest on record, the steepening yield curve suggests an earnings rebound. Image: BofA Global…

U.S. GDP Growth and Business Cycles Despite the current U.S. economic expansion is the longest ever, GDP growth has been much slower during this business cycle than in previous cycles. Image: CNBC

S&P 500 Stocks with Dividend Yields Above 30-Year Treasury Yield Yields on U.S. equities seem competitive vs. U.S. Treasuries, but equity risk does not disappear because a company pays a dividend. Image: Legg Mason

U.S. Household Debt American debt hits a record high of $13.95 trillion and represents about 73% of GDP vs. about 83% a decade ago. Image: Reuters

G4 Central Bank QE and Emerging Markets Equities This chart suggests that G4 central bank stimulus would support emerging markets equities in 2020 (R = 0.94 since 2016). Image: BofA Global Research

No One Loses Money in China? That’s pretty curious. Very few Chinese companies appear to have a negative return on equity (ROE) compared to NYSE listed firms. Image: Wind Information

DHL Global Trade Barometer The DHL Global Trade Barometer is a leading indicator for the future development of global trade, suggesting a protracted but mild decline of world trade. You may also like “Recession Indicators.”…

U.S. Corporate Profits vs. Assets U.S. corporate profits are near 20-year lows relative to fixed assets. The alternative to a recovery in corporate profits is the increasing risk of recession. Image: BofA Global Research

How Major Central Banks Will Change Interest Rates by the End of 2020 Chart suggesting that 2020 appears to be a quieter year for monetary policy. Image: Bloomberg