5-Year Rolling Correlation Between S&P 500 TTM EPS YoY vs. China Nominal GDP and U.S. Nominal GDP

China’s economic growth slowdown suggests trouble ahead for the S&P 500.

Image: BofA US Equity & Quant Strategy

5-Year Rolling Correlation Between S&P 500 TTM EPS YoY vs. China Nominal GDP and U.S. Nominal GDP