World Semiconductor Sales and S&P 500 EPS Tight relationship between world semiconductor sales and S&P 500 earnings per share. You may also like “Semiconductor Sales vs. Global Earnings per Share.” Image: Oxford Economics
The 10-Year minus 3-Month Yield Curve With the 3-month Treasury yield falling, the 10-year minus 3-month yield-curve spread is steepening. Keep in mind that a positive spread facilitates borrowing short and lending long. Image: Bianco Research
Conference Board U.S. Leading Index vs. U.S. GDP Growth This chart shows the strong correlation between the Conference Board U.S. Leading Index Year-over-Year and U.S. GDP growth. The U.S. LEI suggests a weakness in U.S. GDP growth in Q2 2019. It is also a good recession indicator. Image: Pictet Wealth Management
World Population in 2018 Interesting world map: the country’s size represents the size of the population. You may also like “World Population & Demographics – More People Over 65 than Under 5 for the First Time.” Image: Our World in Data Click the Image to Enlarge
Fed Rate Cuts Boost Consumer Spending The chart shows real PCE around first Fed rate cut: recession vs. no recession. Fed rate cuts are more effective during a recession. Image: Ned Davis Research
ISM Manufacturing Index vs. Philly Fed Today, the Philadelphia Federal Reserve Manufacturing Index at 21.8 suggests that the ISM Manufacturing Index should remain above 50. Image: Nordea and Macrobond
The Rise of Passive Investing Net inflows into index-tracking U.S. mutual funds and ETFs rose by around 50% in the second quarter from a year earlier. Image: The Wall Street Journal
How IPOs Are Priced? Great chart showing how IPOs are priced. IPO stands for “It’s Probably Overpriced.” You may also like “IPOs Tend to Underperform the Market.“ Image: Safal Niveshak
Emerging Markets Equities Around First Rate Cut Emerging markets equities rallied 12% and 29% around the first rate cuts of 2001 and 2007. Image: BofA Merrill Lynch Global Research
Bull Markets (Total Return) Since the March 2009 low, the S&P 500 is up 397% and remains in a long-term bull market. Image: Fidelity Investments
The Stock Market’s Central Trend The chart shows that the S&P 500 is only 10% above its long-term trend since 1871. Image: Fidelity Investments