World PMI Manufacturing Most regions are now in contraction territory, except the United States. Image: Pictet Wealth Management

The Market Consistently Underestimates the Fed Usually, the Fed decides when to raise rates and the market decides when to cut rates. But, this interesting chart shows that the market consistently underestimates the Fed. You…

Economic Impact of U.S. Recessions This chart shows that the economic impact of most U.S. recessions is relatively small. The average expansion increased GDP by +24% vs. S&P 500 +117%, and the average recession reduced…

Unemployment and U.S. Presidential Elections Americans tend to elect Democrats when unemployment is high, and Republicans when unemployment is low. Image: Ken Fisher

S&P 500 Performance Before and After Recessions since 1970 U.S. equities peaked about six months before the recession began. Image: Russell Investments

Correlation Between S&P 500 and U.S. Treasuries This chart shows the correlation between stocks and bonds, which could affect a balanced 60/40 portfolio. Image: Arbor Research & Trading LLC

Global Inflation Interesting chart showing that inflation is largely a global phenomenon. Picture Source: J.P. Morgan Asset Management

S&P 500 Index vs. Global M1 Liquidity Another good correlation between the S&P 500 Index and global M1 liquidity, while the Fed plans to stop quantitative tightening. The money supply M1 is the amount of effective money…

U.S. Fiscal Stimulus as a Percent of GDP The chart shows the impact of the Trump fiscal stimulus on U.S. economic growth until 2021. You may also like “Despite Full Employment, Why Real GDP Should…

S&P 500 PE Level vs. Average 12-month Return The chart shows how market valuation affects future equity returns since 1930. You may also like “Why the Stock Market Valuation Matters Before a Recession?“ Image: Richardson…

Global PMI vs. Global GDP The chart shows the strong correlation between global PMI and global GDP. Global PMI slides to lowest since 2016 and global GDP may have difficulty growing at a rate above 2%…