Search Results for: DM

Inflation in this Cycle (DM GDP Deflator) Morgan Stanley expects the return of inflation after the Great COVID-19 Recession (GCR). Image: Morgan Stanley Research

S&P 500 Ratio to 200 DMA and ISM Manufacturing PMI As the chart suggests, the S&P 500 is pricing a recession. Image: Deutsche Bank Asset Allocation

S&P 500 – The Secular Bull Market Roadmap Since the Great Recession, US stocks have behaved like a secular bull market. This chart suggests the S&P 500 projection based on average secular bull. Image: Fidelity Investments

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts

Incumbent Presidential Election Years Since 22nd Amendment Incumbent presidential election years have traditionally been good for equities, with an average return of 11.4% since 22nd amendment. Image: Morgan Stanley Research

The Treadmill of U.S. Oil Shale Chart suggesting that the treadmill of U.S. shale is accelerating. Image: Goldman Sachs Global Investment Research

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

S&P 500 Equity Risk Premium and Global DM Composite PMI Nice chart showing that the equity risk premium of the S&P 500 is currently elevated. Image: JDI research

Different Holders of DM Government Debt The chart shows the historical breakdown of different holders of DM government bonds and overall DM debt-to-GDP. Even with QE, central bank government bond holdings are below historical peaks. Image: BlackRock Investment Institute

S&P 500 – Secular Roadmaps The chart shows the S&P 500 projection based on average secular bull and the CAPE model. Image: Fidelity Investments