Global Manufacturing PMI and Multi-Asset Portfolio Returns This chart suggests that markets have not taken into account this year’s growth and profits slump. Picture source: J.P. Morgan Asset Management
Global Manufacturing PMI Increased After 15 Months of Consecutive Declines Global manufacturing PMI continues to improve after 15 months of consecutive declines. Is the worst over for global PMI? Picture source: Goldman Sachs Global Investment Research
Global Manufacturing PMI Above 50 Is the worst over for global manufacturing PMI? This interesting chart shows the percentage of global manufacturing PMI above 50. Picture source: FactSet, IHS Markit, Charles Schwab
Central Bank Rate Cuts Leads Global Manufacturing PMI This chart suggests that the net number of central banks cutting rates leads global manufacturing PMI by 8 months. Picture source: J.P. Morgan
Global Manufacturing PMI and MSCI Global Auto Index This chart shows the pretty good correlation between Global Manufacturing PMI and the MSCI Global Auto Index (YoY change). Picture source: J.P. Morgan
Is the Worst Over for Global Manufacturing PMI? The global manufacturing PMI shows the first monthly increase, after PMI ended 15 consecutive months of decline. Picture source: Goldman Sachs Global Investment Research
Taiwan Exports Lead Global Manufacturing PMI Interesting chart suggesting that Taiwan exports lead global manufacturing PMI by 3 months. Picture source: J.P. Morgan
China Credit Impulse and Number of Central Banks Easing vs. Tightening Lead Global Manufacturing PMI This chart suggests that China credit impulse and the number of central banks easing vs. tightening lead global manufacturing PMI by 6 months. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: J.P. Morgan
Chinese 5-Year Benchmark Yield Leads Global Manufacturing PMI Great chart suggesting that the Chinese 5-year benchmark yield leads global manufacturing PMI by 18 months. Picture source: Nordea and Macrobond
China Credit Impulse Leads Global Manufacturing PMI This great chart suggests that China credit impulse leads global manufacturing PMI by 12 months. Credit impulse is the change in new credit issued as a percentage of GDP. Picture source: Nordea and Macrobond
