Search Results for: ratio

History of Oil Prices Since 1861 This chart is a good illustration of oil price volatility over time. Image: Goldman Sachs Global Investment Research

S&P 500 Total Return and U.S. High Yield/High Grade Usually, flight to quality in credit markets is rarely a good sign for equities, but ECB QE, Fed easing and repo operations should be positive. Image: BofA Merrill Lynch

Total Global Debt to GDP The global debt-to-GDP ratio is hovering near a record at $244 trillion. That’s now more than three times the size of the world economy. Image: Deutsche Bank Global Research

Demographics – IMF World Gross National Savings as a Percent of GDP Aging populations may well boost savings. This chart is a very good illustration. Image: Bianco Research

U.S. Market – Earnings, Valuation and Equity Risk Premium This chart shows that the P/E ratio is above average, but the equity risk premium is relatively high. Image: Fidelity Investments

Small Caps Debt-to-Equity Exceeds Large Caps The debt-to-equity ratio of small caps exceeds large caps for the first time. Image: Arbor Research & Trading LLC

Hedge Fund Portfolio Density and Turnover Hedge fund portfolio density has steadly increased, and fund turnover has declined over the past decade. High concentration risk can lead to high losses and affect the financial system. Image: Goldman Sachs

U.S. Excess Liquidity Growth Leads S&P 500 Returns This chart suggests that M2 money supply to nominal GDP ratio leads S&P 500 returns by one year. Is the S&P 500 vulnerable to a drop, followed by a recovery? Image: Oxford Economics, Macrobond

U.S. Initial Unemployment Claims and U.S. GDP There is a pretty good correlation between U.S. initial unemployment claims and U.S. GDP. Initial unemployment claims could suggest an acceleration of U.S. GDP in Q3 2019. Click on the Image to Enlarge

Stock Market Capitalization as a Percentage of Nominal GDP This ratio is useful in determining whether the U.S. stock market is undervalued or overvalued relative to its historical average. The current reading is pretty high at 149.15%. You may also like the “Stock Market Valuation” and “S&P 500 Index – Earnings & Valuation.” Image: Bianco Research