MSCI World Index vs. OECD Unemployment Rate and U.S. Consumer Confidence Chart suggesting that OECD unemployment troughs and very confident U.S. consumers do not generally bode well for global equities. Image: Morgan Stanley Research
Chinese Credit Growth and OECD Leading Indicator for China Chinese Credit growth rebounded in September and suggests stronger activity on the horizon. The OECD leading indicator for China picked up further at the highest level since 2017. Image: Danske Bank Research
OECD Composite Leading Indicators Interesting chart showing the percentage of countries with OECD composite leading indices below the Unites States. Image: Bianco Research
OECD Composite Leading Indicator Leading economic indicators suggest that the global economy may have bottomed. Image: Gavekal, Macrobond
Forecast Change in GDP for 2021 OECD raises world GDP growth forecast to 5.6% for 2021. Image: Financial Times
GDP Growth Forecast for the World’s Largest Economies in 2020 The OECD expects the world economy to grow by 2.4% in 2020. Image: Statista
Cumulative Number of Global Rate Cuts since the Global Financial Crisis This chart puts into perspective the cumulative number of global rate cuts since the Global Financial Crisis. In 2019, central banks in OECD countries haven’t cut this much since the Great Financial Crisis. Image: BofA Merrill Lynch Global Research
Number of Countries in Each Cycle Stage Chart suggesting that the global synchronised slowdown is over. According to the OECD leading indicators, the number of countries in recovery is rising. Image: TS Lombard