Lower Incomes Paid the Highest Price

Lower Incomes Paid the Highest Price Low-income groups are slowly recovering after the financial crisis. Inequality: you may also like “U.S. Net Worth by Wealth Bracket.” Image: Deutsche Bank Global Research

S&P 500 Valuations Above Historical Average

S&P 500 Valuation Above Historical Average The S&P 500 is overvalued on 17 of 20 valuation metrics. You may also like our “Stock Market Valuation.” Image: Bank of America

U.S. Recession Probabilities Over the Next Year from the Yield Curve

U.S. Recession Probabilities Over the Next Year from the Yield Curve Deutsche Bank has calculated the U.S. recession probabilities over the next year, using the slope of various yield curves. PCA (Principal Component Analysis) is used to estimate the effects of yield curve movements. Image: Deutsche Bank

The Market Has Correctly Called Each Fed Rate Decision since 2010

The Market Has Correctly Called Each Fed Rate Decision since 2010 And since 1994, seven days before a FOMC meeting, the market has been accurate 95% of the time. You may also like “The Fed Funds Market Is Rarely Wrong About the Next FOMC Meeting.” Image: Deutsche Bank

U.S. Equity Market Performance

U.S. Equity Market Performance since 1914 Excellent comparison between real (adjusted for inflation) and nominal returns on U.S. equities. Image: Saxo Bank

Late-cycle Worries

Late-cycle Worries Consumers are currently more optimistic today than about the future. That’s worrying because consumer spending contributes 70% of total U.S. production. Image: Deutsche Bank

U.S. Employment by Sector since 1850

U.S. Employment by Sector since 1850 Over time, the U.S. employment became less dependent on agriculture and much more diversified. Image: Deutsche Bank

U.S. Business Expansions Length by Month since 1854

U.S. Business Expansions Length by Month since 1854 Since 1854, the U.S. was in recession 35% of the time. U.S. recessions are becoming rarer over time and partly explain the increasing survival of zombie firms. Image: Deutsche Bank