U.S. Debt Ceiling and U.S. Nominal GDP The statutory debt limit, also called the debt ceiling, is the statutory maximum of money the U.S. Treasury is allowed to borrow.Now, it is higher than U.S. nominal…

Is The U.S. Stock Market Overvalued? S&P 500 Valuation: the chart shows that the U.S. stock market is not cheap. Based on the forward P/E ratio, the S&P 500 is not extremely overvalued either. You…

The Immigrant-Founded Fortune 500 Immigrants and their children have founded nearly half of all U.S. Fortune 500 companies. Image: Axios

Global Fixed Income Market In Different Yield Buckets Nowadays, the scarcity of yield with 20% of global bonds below 0%. Image: ICE Data Indices, Bank of America Merrill Lynch

Copper to Gold Ratio and U.S. 10-Year Treasury Yield The chart suggests that the correlation between the copper/gold ratio and the US 10-year Treasury yield is still valid. Image: Nordea and Macrobond

Countries With the Highest Housing Bubble Risks Detecting and measuring asset bubbles is not always an easy task, but in many countries, housing prices are rising faster than rental rates. Image: Visual Capitalist

When Will the Next Global Recession Begin? 55% of investors expect a global recession by 2020 and 45% in 2021 or later. Who is right? Image: Barclays Research

Maximum Intra-Year Drawdown for the S&P 500 Since 1950, the median maximum drawdown for the S&P 500 is -10.6% and the average is -13.5%. You may also like “S&P 500 Index Drawdowns From 2 Year…

Maximum Drawdown vs. Annual S&P 500 Returns The annual return of the S&P 500 can be positive, even after a large drawdown. Image: Of Dollars And Data

U.S. Yield Curve vs. Recessions The chart shows the 10-year Treasury yield minus Fed funds rate yield curve and recessions. Historically, a flat or inverted yield curve is associated with slow economic growth or recessions.…

South Korean Exports vs. S&P 500 EPS Estimates The correlation between South Korean exports and S&P 500 EPS estimates suggests a weakness in S&P 500 earnings estimates. Image: Lohman Econometrics