Global Employment in S&P 500 Companies vs. Small Businesses Small and medium-sized businesses play an important role in the U.S. economy, as S&P 500 companies employ only 17% of U.S. workers. Image: Deutsche Bank Global Markets Research
Global Employment and Global Real Retail Sales Chart suggesting that the slowdown in global employment is expected to impact global real retail sales. Image: J.P. Morgan
U.S. Business Cycle – Global Equity vs. Bonds and U.S. Unemployment Rate Chart suggesting that U.S. growth has peaked. Image: Pictet Asset Management
Global Equity vs. Bonds and U.S. Unemployment Rate and Recessions The chart shows that the U.S. business cycle drives global asset allocation and suggests a possible U.S. recession in 2020. Image: Pictet Asset Management
U.S. Unemployment Rate How long will the U.S. unemployment rate remain so low? Image: BofA Global Research
Recession – U.S. Personal Saving Rate vs. U.S. Unemployment Rate Rising personal saving rates tend to be associated with economic downturns or recessions. Image: BofA Global Investment Strategy
U.S. Presidential Approval Rating vs. Unemployment Rate Despite the low unemployment rate, high inflation weighs on President Biden’s approval rating. Image: BofA Global Investment Strategy
U.S. Delinquencies, Personal Saving Rate and Unemployment Delinquencies in the United States are on the rise. Is a hard landing coming? Image: BofA Global Investment Strategy
Performance – U.S. Unemployment Rate vs. UST 10-Year vs. S&P 500 Price Relative Bonds tend to outperform stocks in a recessionary labor market. Image: BofA Global Investment Strategy
S&P 500 Total Return Around Unemployment Troughs Will U.S. equities struggle in the months ahead? Image: Goldman Sachs Global Investment Research