Market Capitalization of Five Largest Companies as Share of S&P 500 Total The market capitalization of the five largest companies now account for 16% of S&P 500 total, while the average is 13%. Image: Goldman…
U.S. Economic Expansion The current economic cycle is the longest on record, but the weakest of the post-WWII era. Image: Wells Fargo Securities International Limited
Worst Yearly Total Return Across Asset Classes 2019 is poised to be one of the best years ever for investing. The worst asset class is up 2.3% YTD. Image: Bianco Research
Leading Economic Index (LEI) and Fed Funds Rate Will the Fed’s three rate cuts be enough to lift the U.S. economy? Image: Oxford Economics
10-Year Annualized Real S&P 500 Total Return This chart puts into perspective the 10-year annualized real S&P 500 Total Return (adjusted for inflation). Image: Bianco Research
Effect of the Trade War on China Real GDP Growth The trade war drag on China real GDP growth is expected to peak in Q4 2019. Image: Goldman Sachs Global Investment Research
The Largest Industry Weighting of the Top Six Stocks in the S&P 500 The six FAANMG stocks account for 17.51% of the S&P 500. Are we seeing another tech bubble? Image: Bianco Research
Rotation vs. U.S. GDP Growth Forecasts Chart suggesting that the rotation out of bonds into equities, out of growth into cyclicals, out of large caps into small caps, and out of gold into copper, is…
U.S. Dollar and Euro – EUR/USD Forecast Investment banks expect the dollar to weaken against the euro in 2020. Image: Financial Times
Major Central Bank Balance Sheets and Emerging Market Equities Chart suggesting that the growth in G3 central bank balance sheets is positive for emerging market equities. Image: Oxford Economics
Number of Countries in Each Cycle Stage Chart suggesting that the global synchronised slowdown is over. According to the OECD leading indicators, the number of countries in recovery is rising. Image: TS Lombard