Category: Blog

Global PMI & US ISM Manufacturing Indices This chart suggests that Global PMI Manufacturing Index leads US ISM Manufacturing Index by two months. Image: Capital Economics

Late-cycle Worries Consumers are currently more optimistic today than about the future. That’s worrying because consumer spending contributes 70% of total U.S. production. Image: Deutsche Bank

U.S. Debt Ratios to GDP (Household, Corporate, Government) U.S. households remain far less in debt than during the Great Recession, but U.S. corporate debt continues to rise rapidly and has exceeded record levels . Image: Pictet Wealth Management

Follow Buffett’s Investment Principles: Great Investor Tom Russo Continues To Investing guru, Thomas Russo explains why he is a long-time holder of Berkshire Hathaway.

U.S. Employment by Sector since 1850 Over time, the U.S. employment became less dependent on agriculture and much more diversified. Image: Deutsche Bank

Market Share of Algorithmic Trading by Asset Class Algorithmic trading has grown across asset classes, particularly in equities. Image: Goldman Sachs Global Investment Research

U.S. Business Expansions Length by Month since 1854 Since 1854, the U.S. was in recession 35% of the time. U.S. recessions are becoming rarer over time and partly explain the increasing survival of zombie firms. Image: Deutsche Bank

Gold Bullion and Market Capitalization of Global Negative Yielding Debt This chart shows a strong correlation between gold and market capitalization of global negative yielding debt. Keep in mind that negative global yields are a support for gold. Image: Pictet Wealth Management

Economic Expansions Don’t Die of Old Age Today, the current economic cycle is the longest expansion. Image: Oxford Economics

MSCI Emerging Markets Index vs. World Semiconductor Sales This great chart suggests that world semiconductor sales lead the MSCI emerging markets index by 3 months. Very interesting chart before investing in emerging market equities. Country weights of the MSCI Emerging Markets Index: 33% China, 13.02% Korea, 11.35% Taiwan. Image: Nordea and Macrobond

Global Equity Fund Flows This great chart from Deutsche Bank shows that equity outflows over the last 6 months are now the largest on record. In 2011 and 2016, it was similar and equities rose significantly. Image: Deutsche Bank