Risk Parity Funds Currently, risk parity equity allocations are near the top of the historical range. Image: Deutsche Bank Global Research

Time in Recession Since 1950, the United States has spent 10% of the time in recession compared to 33% for Argentina. Image: Bloomberg

S&P 500 Forward EPS and World Trade Growth The chart shows a pretty good correlation between the S&P 500 forward 12-month EPS and the CPB World Trade Index. Image: Oxford Economics, Macrobond

Performance of S&P 500 Around the First Late-Cycle Rate Cut After the first-rate late-cycle cut, the S&P 500’s performance is generally not exceptional. Image: Societe Generale Cross Asset Research

Active Equity Managers Still Underperform This chart shows the low percentage of active funds that outperformed and how difficult it really is to beat the market over time. You may also like “The Rise of…

Term Premium on a 10-Year Zero Coupon Bond Term premium on a 10-year zero coupon bond remains in negative territory. Investors do not seem to fear rising rates over the long-term. The term premium is the…

U.S. Unemployment Rate: Black or African Americans The U.S. unemployment rate of Black or African Americans stands at 6.3%, while the civilian unemployment rate stands at 3.7%, near its lowest level in almost 50 years. You…

Longest Losing Streak for Global PMI Global PMI falls for 15 months in a row. New tariffs will certainly not help. Image: Charles Schwab

Long-Term Trends in the Price of Commodities This chart shows that a large pattern appears in the price of movements of commodities. Image: Visual Capitalist

U.S. Leading Economic Indicators and Recession Warnings The Conference Board’s Leading Economic Index for the U.S. has rarely weakened sharply ahead of rate cuts, except in 2007. Currently, it doesn’t suggest that a recession is…

The Length of U.S. Economic Expansions and Recessions This chart puts into perspective the current business cycle, which could last longer. Image: Legg Mason