Global PMI and Risk Appetite Indicator

Global PMI and Risk Appetite Indicator When global PMIs are above 50 and rising, risk appetite has been mostly positive. Image: Goldman Sachs Global Investment Research

Global PMIs

Global PMIs Global PMIs and earnings growth across regions could suggest a strong risk-on year. Image: Fidelity Investments

Net Proportion of Global PMI with Positive 12-Month Change

Net Proportion of Global PMI with Positive 12-Month Change There are signs of a bottom in global PMIs: 12 out of 41 countries see a positive 12-month change. This is double the number from July 2019. Image: BofA Merrill Lynch Global Research

Global PMI and Real GDP

Global PMI and Real GDP Chart showing the correlation between global PMI and real GDP. Is the worst over for global PMI? Image: J.P. Morgan

U.S. 10-Year Yield Leads Global PMI

U.S. 10-Year Yield Leads Global PMI This interesting chart suggests that the U.S. 10-year yield (2-year change) leads global PMI by 18 months. Source: Macrobond and Brandywine Global