Bubble – Nasdaq Composite Index and Federal Funds Target Rate
Bubble – Nasdaq Composite Index and Federal Funds Target Rate If the Fed allows an asset price bubble, the consequences are severe and long-lasting when it burst. Image: Bloomberg
Bubble – Nasdaq Composite Index and Federal Funds Target Rate If the Fed allows an asset price bubble, the consequences are severe and long-lasting when it burst. Image: Bloomberg
Crude Oil Forecasts Goldman Sachs expects oil prices to decline from current levels. Image: Goldman Sachs Global Investment Research
S&P 500 vs. 2023 S&P 500 DPS (Dividend Per Share) This chart suggests that long-dated S&P 500 dividends appear underpriced. Image: Goldman Sachs Global Investment Research
Ratio of Mega-Cap Growth Stocks to the Rest of S&P 500 The rise in price of mega-cap growth stocks suggests that the earnings acceleration appears fully priced in. Image: Deutsche Bank Asset Allocation
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 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 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 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
WTI Crude Oil and Headline CPI Inflation This chart suggests that falling oil prices could easily lead to deflation. Image: J.P. Morgan
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