S&P 500 PE Level vs. Average 12-month Return The chart shows how market valuation affects future equity returns since 1930. You may also like “Why the Stock Market Valuation Matters Before a Recession?“ Image: Richardson Wealth
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
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
Performance of Hedge Fund Index vs. S&P 500 Hedge fund returns have not been as good as those of the S&P 500, but volatility has been lower. Image: Richardson Wealth
10-Year German Bund Yield and German Manufacturing PMI The 10-year German Bund yield could go positive again as recession fears dissipate. Image: Pictet Wealth Management
Second-half Recovery in Growth? Better economic data could extend the business cycle. Currently, G7 & BRIC leading indicators remain encouraging and suggest no imminent recession. Image: Richardson Wealth
WTI Price and Brent Price vs. Oil Inventory Oil inventories suggest that the price of oil is currently fairly priced. Image: Pictet Wealth Management
Brent Price vs. 10-Year Treasury Bond Yield vs. S&P 500 This chart shows that oil prices are a good indicator of global economic growth and investors are concerned about a global economic slowdown. Image: Pictet Wealth Management
Market Reaction to Fed Insurance Cuts vs. Fed Recession Cuts This chart shows the S&P 500 and 10-year Treasury Note response to Fed insurance cuts vs. Fed recession cuts. There is a big difference for equities, but not too much for bonds. Image: Pictet Wealth Management
Distribution of Forward Returns by 200MA Slope This great chart shows the distribution of forward returns when the slope of S&P 500’s 200-day moving average is lower, flat or higher. Image: Ritholtz Wealth Management