S&P 500 Total Return and U.S. High Yield/High Grade Usually, flight to quality in credit markets is rarely a good sign for equities, but ECB QE, Fed easing and repo operations should be positive. Image:…
U.S. ISM Manufacturing Index and Cyclicals EPS Revision This chart shows the correlation between the ISM Manufacturing Index and cyclicals EPS revision, suggesting that 4Q19 will see a reset, with capital goods pricing in an…
China GDP vs. U.S. GDP Chart suggesting that China GDP will overtake U.S. GDP by 2030. Image: Danske Bank Research
S&P 500 – Buybacks, Dividends and Capital Expenditures 2018 corporate tax cut boosted dividends and buybacks, but not capex. Image: Deutsche Bank Global Research
S&P 500 Historical Performance in Different Yield Curve Regimes Great table showing the U.S. 10Y-2Y Treasury spread and the S&P 500 historical performance. Image: J.P. Morgan
Valuation: Utilities vs. Tech vs. S&P 500 Nice chart showing the valuation of utilities vs. Tech and the S&P 500. Currently, utilities are valued at 19.9x forward EPS, tech at 18.7x, and the S&P 500…
A Breakdown of the Average American Spending Consumer spending drives 68% of the U.S. economy and affects U.S. GDP. Image: howmuch.net
China GDP Growth China GDP growth is expected to continue to decline significantly in the coming years, with consumption becoming the main driver of growth. Image: Danske Bank Research
Commercial Bank – Credit Cards Interest Rate In the United States, the average credit card interest rate is 17.39%, at highest level in decades. Is the U.S. consumer doing well? Image: Deutsche Bank Global Research
Year to Date Performance Nice chart showing that REITs, large growth, S&P 500, gold and bonds perform best, through September. Image: Fidelity Investments
San Francisco Fed Leading Unemployment Rate Does the San Francisco Fed Leading Unemployment Rate signal a turning point in the U.S. labor market? Image: Merk Investments