Valuation – Global GDP vs. Global Market Capitalization
Valuation – Global GDP vs. Global Market Capitalization Is the global market capitalization to global GDP a sign of global equity overvaluation? Image: Richardson Wealth
Valuation – Global GDP vs. Global Market Capitalization Is the global market capitalization to global GDP a sign of global equity overvaluation? Image: Richardson Wealth
Market Capitalization or Outstandings (for Sub-Prime) for Various Markets as a Percentage of Global GDP Following the recent plunge in cryptocurrency prices, cross-asset consequences have been mild, despite the global cryptocurrency market size. Image: J.P. Morgan
U.S. Dollar Index (DXY) and U.S. GDP as Percent of Global GDP Should investors expect the U.S. dollar to depreciate further over the next few years? Image: BCA Research
Valuation – MSCI ACWI World Market Capitalization to Global GDP Ratio The MSCI ACWI World Market Capitalization to GDP ratio is at record high. Image: Morgan Stanley Research
Rolling 10-Year Correlation of Real S&P 500 EPS Growth vs. Real U.S. and Global GDP Growth Real S&P 500 EPS growth tends to be more correlated to global than U.S. GDP growth. Image: BofA US Equity & Quant Strategy
Global GDP – OECD Forecasts OECD forecasts 4.2% global growth in 2021, as global economic outlook remains uncertain. Image: Financial Times
Global GDP Forecast – Return to Pre-COVID-19 GDP Path Morgan Stanley expects global GDP to return to pre-COVID-19 GDP path by 2Q21. Image: Morgan Stanley Research
Global GDP Forecast – Return to Pre-Covid GDP Path Morgan Stanley expects the global economy will enter the next phase of the V-shaped recovery. Image: Morgan Stanley
Long-Term (6-10y) Real Global GDP Growth Forecast from Consensus Economics Long-term (6-10y) real global GDP growth forecast continues to decline. Image: Goldman Sachs Global Investment Research
Performance – Sector Sensitivity to U.S. and Global GDP Growth The financial and industrial sectors are the most correlated with global growth. Image: Goldman Sachs Global Investment Research