U.S. Employment Outlook The outlook of U.S. employment continues to improve. In Q4 2019, 22% of U.S. employers plan to add to payrolls, 5% expect a decrease and 72% expect no change. Image: ManpowerGroup

U.S. Total Home Sales This year, lower mortgage rates could boost U.S. home sales in the fourth quarter. Image: Leonard Kiefer

World – Digital Competitiveness Rankings The United States is ranked as the world’s most digitally competitive economy. Image: Bloomberg

U.S. Hard Data and Soft Data U.S. hard data is improving. But the chart still shows the large divergence between U.S. hard data and soft data. Image: Arbor Research & Trading LLC

U.S. Markit Manufacturing PMI vs. U.S. ISM Manufacturing PMI The ISM Manufacturing PMI fell to 47.8 (contraction) in September, while the Markit Manufacturing PMI improved to 51.1 (expansion). Image: Renaissance Macro

China as a Percent of Global GDP China is the world’s second largest economy, contributing 15.86% to global GDP in 2018. The United States remains the world’s largest economy, contributing 23.9% to global GDP. Image: Bloomberg,…

Fund Flows into Emerging Markets Stocks and Bonds The rotation into bonds and out of equities continues. Image: HSBC

World’s Central Banks Are Cutting Rates World’s central banks are lowering interest rates, in order to boost money supply in the economy and stimulate economic growth. Image: Charles Schwab

Stages of the Business Cycle as of August 31, 2019 This chart suggests that most major economies are in the late phase of the business cycle. Image: Fidelity Investments

Annual S&P 500 Return Since 1990 Currently, the S&P 500 Index has its best year since 1997. Image: Financial Times

ISM Composite PMI vs. Crude Oil Interesting chart showing that the correlation between the ISM Composite PMI and crude oil is up to 75% since 2015. Image: Lohman Econometrics