Is the U.S. Expansion Waning?

Is the U.S. Expansion Waning? Despite strong US GDP growth in April 2019, this chart shows that U.S. growth is not bouncing back in this late business cycle. Image: Goldman Sachs Investment Research

China’s Belt and Road Initiative

China’s Belt and Road Initiative The Belt and Road Initiative is a global development strategy adopted by the Chinese government. This chart shows the infrastructure projects. Image: Reuters

ISM Manufacturing Index vs. Average S&P 500 Index Returns

ISM Manufacturing Index vs. Average S&P 500 Index Returns An interesting chart showing the ISM Manufacturing Index and the S&P 500 Index forward 12-month return.Low returns when the ISM Manufacturing Index is above 60 and high…

Stages of the Business Cycle as of April 30, 2019

Stages of the Business Cycle as of April 30, 2019 Although global growth remains positive, this chart suggests that most major economies are entering the late business cycle phase. Image: Fidelity Investments