Crude Oil Forecasts

Crude Oil Forecasts Goldman Sachs expects oil prices to decline from current levels. Image: Goldman Sachs Global Investment Research

Dow Jones to Gold Ratio Since 1800

Dow Jones to Gold Ratio Since 1800 This long-term chart suggests the potential fall in share prices expressed in gold. Image: Incrementum AG

Valuation – Russell 2000 vs. S&P 500

Valuation – Russell 2000 vs. S&P 500 The price to book ratio suggests that the Russell 2000 is cheap relative to the S&P 500. Image: Morgan Stanley Research

S&P 500 vs. Gold and Fed Balance Sheet

S&P 500 vs. Gold and Fed Balance Sheet The S&P 500 priced in gold has only retraced 40% of the decline, vs. 62% in fiat money. Image: Fidelity Investments

Forecast – New Path of the S&P 500 Market in 2020

Forecast – New Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3000 by the end of 2020, and a new mid-year S&P 500 target of 2400. Image: Goldman Sachs Global Investment Research

The Cost of a Barrel of Oil in Real U.S. Dollar Terms

The Cost of a Barrel of Oil in Real U.S. Dollar Terms This chart puts into perspective the real price of oil in U.S. dollar terms since 1870. U.S. oil prices turned negative for the first time in history. Image: Deutsche Bank