U.S. ISM Recovery and Returns: Recession vs. No Recession After a recession, U.S. equities tend to perform well during ISM recoveries. Image: Goldman Sachs Global Investment Research

U.S. ISM Contraction and Returns: Recession vs. No Recession If there is no recession, U.S. equities tend to perform well during ISM contractions. Image: Goldman Sachs Global Investment Research

Returns Driven by Central Banks? This chart suggests that equity and credit markets are no longer driven by fundamentals, at the moment. Image: Deutsche Bank Global Research

S&P 500 Performance Leading to U.S. Election Date This table shows that over the last 20 election cycles in the U.S., there have been only two instances of market declines in the 12 months leading…

U.S. Total Debt to GDP Ratio and Economic Growth by Cycle This nice chart clearly shows that U.S. GDP is weaker today than in the past, despite higher debt levels. Image: Real Investment Advice

University of Michigan Consumer Sentiment Index Leads U.S. Unemployment Rate This chart suggests that the University of Michigan Consumer Sentiment Index leads the U.S. unemployment rate by 9 months. An R² of 0.80 is quite…

U.S. Repurchase Authorizations (Buybacks) U.S. repurchase authorizations are bigger than ever. Image: Goldman Sachs Global Investment Research

Global Consumption by Region Chart suggesting that developing economies will dominate global consumption. Image: McKinsey Global Institute

Copper to Gold Ratio The copper to gold ratio provides useful information on the evolution of the U.S. 10-year Treasury, the ISM Non-Manufacturing Index and the average weekly hours worked. Image: Paolo Cardena

S&P 500 Valuation and Inflation This chart suggests that the S&P 500 is fairly valued based on current inflation. Image: Truist

High-Yield Bond Returns Year-to-date, Caa rated high-yield bond returns have lagged those with higher average credit ratings. Image: Charles Schwab