Search Results for: growth

China Imports Lead World GDP This chart shows that China imports is a key factor of global growth, and clearly lead world GDP. Image: Oxford Economics, Macrobond

Number of DM and EM Central Banks Easing Each Month Currently, most of the world’s central banks are easing, to boost money supply in the economy and stimulate economic growth. Image: J.P. Morgan

University of Michigan Consumer Expectations Index and Real Consumer Spending This chart shows the correlation between consumer expectations and real consumer spending, and suggests real consumer spending growth of around 2.5-3%. Image: ING

Year to Date Performance Nice chart showing that REITs, large growth, S&P 500, gold and bonds perform best, through September. Image: Fidelity Investments

Global Manufacturing PMI and Multi-Asset Portfolio Returns This chart suggests that markets have not taken into account this year’s growth and profits slump. Image: J.P. Morgan Asset Management

U.S. ISM Composite Index and U.S. Real GDP This chart shows the good correlation between the ISM Composite Index (services + manufacturing) and U.S. real GDP. What about U.S. GDP growth in 2020? Image: Deutsche Bank Global Research

U.S. GDP vs. Global GDP The chart suggests that global growth has led U.S. growth this business cycle. And it also shows the high correlation between U.S. GDP and Global GDP. Image: Cantor Fitzgerald

Earnings Estimate Progression The consensus growth estimate for Q3 earnings stands at -3.2%, but the earnings recovery seems better than 2016. The Fed’s dovish pivot and low interest rates should continue to support the U.S. stock market. Image: Fidelity Investments

World’s Central Banks Are Cutting Rates World’s central banks are lowering interest rates, in order to boost money supply in the economy and stimulate economic growth. Image: Charles Schwab

US-China Trade War and Past Major Trade Conflicts In the past, tariffs were in place for long periods of time. The US-China trade war is hitting global growth, by his importance, size and scope. Image: Goldman Sachs Global Investment Research

Global Nominal GDP and Corporate Profits This chart shows the correlation and the slowdown in global growth and corporate profits. Historically, margin pressures have preceded the start of recessions. Image: J.P. Morgan