Global Corporate Bond Sales

Global Corporate Bond Sales Companies sold a record amount of bonds in September. Yield-seeking investors were served up $434bn of new corporate bonds globally. Image: Financial Times

Semiconductor Sales vs. Global Trade (volume)

Semiconductor Sales vs. Global Trade (volume) Interesting chart showing the correlation of 0.78 between semiconductor sales and global trade (volume). Image: Paolo Cardena

S&P 500 Days Sales of Inventory

S&P 500 Days Sales of Inventory The inventory de-stocking cycle hitting its trough often coincides with the beginning of a recovery in the broader business cycle, marked by rising demand, better economic conditions, and increased production and sales. Image: BofA Global Research

Recession – U.S. Real Retail Sales

Recession – U.S. Real Retail Sales U.S. real retail sales have declined in 2024, suggesting ongoing weakness in consumer spending. Image: BofA Global Investment Strategy

G3 Real Core Retail Sales

G3 Real Core Retail Sales Since 2019, real core retail sales in the United States have risen significantly, while Germany has seen stagnant growth and Japan has witnessed a decline, reflecting differing economic conditions and consumer behaviors. Image: BofA Global Research

U.S. Labor Market – U.S. Nonfarm Payrolls vs. Retail Sales

U.S. Labor Market – U.S. Nonfarm Payrolls vs. Retail Sales Higher payrolls can potentially lead to higher retail sales, as increased income for employees can result in greater purchasing power. Image: BofA Global Investment Strategy