GDP – Eurozone vs. U.S. A faster vaccination program and greater fiscal and monetary support in the U.S. help explain why the economic recovery in the Eurozone is expected to lag behind the United States. Image: Financial Times
Average Median Forward P/E Ratio for US, UK and Eurozone Stocks vs. S&P 500 Could the S&P 500’s run slow down, as valuations in the U.S. and Europe are lofty? Image: Longview Economics
Growth vs. Value and U.S. vs. Eurozone Will growth continue to outperform value in 2021? Image: J.P. Morgan
Eurozone Equity Markets Eurozone equity markets could be in for pain if euro rally continues. Image: Gavekal, Macrobond
Valuation – U.S. Stocks vs. Eurozone Stocks Will eurozone stocks outperform U.S. stocks in coronavirus recovery? Image: Gavekal, Macrobond
Eurozone Real M1 Money Supply Growth vs. Real GDP Growth This chart suggests the relationship between real M1 growth and euro area GDP growth. Image: Longview Economics
Eurozone Growth Eurozone growth slows sharply, almost to zero. Image: Financial Times
Fiscal Impulses in Japan and the Eurozone Japan and the eurozone are expected to benefit from significant fiscal stimulus next year. Image: Gavekal, Macrobond
U.S. and Eurozone Unemployment Rates This chart shows the gap between the unemployment rates of the two economies, while unemployment falls to historic lows. Image: Financial Times
MSCI Eurozone vs. MSCI U.S. This chart shows the large divergence between the MSCI Eurozone Index and the MSCI U.S. Index. Is this an opportunity to increase exposure to eurozone equities? Image: Financial Times