Individual Investors Activity in Options – S&P 500 Options and Top 50 Options Does the boom in options trading by individual investors suggest a future market meltdown? Image: Goldman Sachs Global Investment Research
Coronavirus Pandemic – Activity in Most Major Advanced Economies Economic activity in most major advanced economies partially recovered in the first week of January, but remains low. Image: Bloomberg
U.S. GDP vs. Current Activity Indicator Chart suggesting U.S. GDP estimate for 2020 and 2021. Image: Goldman Sachs Global Investment Research
U.S. Recessionary Manufacturing Activity Chart showing that U.S. manufacturing sectors remain weak, despite four consecutive months of gains. Image: Oxford Economics
Investors and Trading Activity in Options Investors are trading more actively in options with less than 2 weeks to maturity, driven by better visibility of the catalyst path. Image: Goldman Sachs Global Investment Research
Performance – Industrials vs. S&P 500 and Global Current Activity Indicator (CAI) Goldman Sachs upgraded industrials to outperform, as global economic growth is improving. Image: Goldman Sachs Global Investment Research
U.S. Composite Activity Indicator vs. Monthly U.S. GDP Forecast The J.P. Morgan composite activity indicator has lined up with reported monthly GDP so far, as retail enjoys swift revival in sales. Image: J.P. Morgan
Global GDP vs. Current Activity Indicator (CAI) Goldman Sachs forecasts global real GDP growth of -3.3% in 2020 and 6.4% in 2021. Image: Goldman Sachs Global Investment Research
Variation in Economic Outcomes after Sudden Stops Since 1990 (Real Activity vs. Previous Peak) Most sudden stops are often followed by a slow recovery. Image: Goldman Sachs Global Investment Research
China Real GDP Growth vs. Current Activity Indicator (CAI) Goldman Sachs forecasts China real GDP growth of 3% in 2020 and 7.7% in 2021. Image: Goldman Sachs Global Investment Research