Real M1 Leads Euro Area Real GDP Growth An imminent recession in the euro area? This interesting chart suggests that real M1 leads euro area real GDP growth by 12 months. Image: Pictet Wealth Management

S&P 500 Value vs. Growth Leads Global Industrial Production This great chart suggests that the S&P 500 value vs. growth leads global industrial production by 9 months. Image: Alpine Macro

OECD Composite Leading Indicators Interesting chart showing the percentage of countries with OECD composite leading indices below the Unites States. Image: Bianco Research

Global Nominal GDP and Corporate Profits This chart shows the correlation and the slowdown in global growth and corporate profits. Historically, margin pressures have preceded the start of recessions. Image: J.P. Morgan

Allocation of U.S. Household Capital Investments This chart shows that American households are much more invested in equities than in the past. Image: TS Lombard

U.S. Consumer vs. Corporate Debt This chart puts interest rates on non-prime consumer credit accounts into perspective vs. CCC corporate bonds. Image: Goldman Sachs Global Investment Research

World Economy – Services as Share of Total GDP Services account for about 65% of global GDP and about 77% of the United States’ GDP. Image: howmuch.net

Demographics and Interest Rates Interesting chart suggesting that demographics explain bond yields. Image: Fidelity Investments

Labor Force Participation Rate for 65-69 Year-Olds in Selected Countries This chart shows the huge disparity in employment rates for 65-69 year-olds across different countries. Image: Statista

Home Prices Lead U.S. Consumption This chart suggests that home prices lead U.S. consumption by 9 months. Image: Nordea, Sebastian Dypbukt Källman

U.S. 10-Year Yield Leads Global PMI This interesting chart suggests that the U.S. 10-year yield (2-year change) leads global PMI by 18 months. Source: Macrobond and Brandywine Global