Search Results for: manufacturing

S&P 500 and Manufacturing PMI Morgan Stanley expects lower U.S. equity prices in 1H2022. Image: Morgan Stanley Research

ISM Manufacturing Index and ISM Prices Paid Index (Leading Indicator) The ISM Prices Paid Index tends to lead the ISM Manufacturing Index by 12 months, suggesting a fall of the ISM Manufacturing Index in 1H22. Image: Morgan Stanley Research

ISM Manufacturing Index vs. S&P 500 Index This chart shows the correlation between the ISM manufacturing index and the S&P 500 index year-over-year percent change, since 2011. The U.S. ISM Manufacturing Index declined to 58.7% in December. Click the Image to Enlarge

Markets – Financial Conditions, Global Manufacturing, PMI, S&P 500, U.S. Dollar, 10-Year UST Yield and Fed Fund Rates Should investors brace for tighter financial conditions in 2022? Image: BCA Research

Risk Appetite Indicator and U.S. ISM Manufacturing The risk appetite indicator is below zero, as investors expect growth to slowdown. Image: Goldman Sachs Global Investment Research

G3 Credit Impulse and Global Manufacturing PMI (Leading Indicator) G3 credit impulse tends to lead global manufacturing PMI by 12 months. Image: Nordea and Macrobond

Aggregated U.S. Equity Futures Positions vs. ISM Manufacturing The correlation between aggregated U.S. equity futures positions and ISM manufacturing remains quite strong. Image: Deutsche Bank Asset Allocation

U.S. ISM Manufacturing vs. Philadelphia Fed Leading-Lagging Parts – Leading Indicator Philadelphia Fed leading vs. lagging variables tend to lead U.S. ISM Manufacturing by 10 months. Image: Nordea and Macrobond

Manufacturing PMIs and U.S. 10-Year Real Yield (Leading Indicator) Manufacturing PMIs tend to lead U.S. 10-year real yields by 6 months. Image: MarketDesk Research

ISM Manufacturing Index vs. Discretionary Investors Positioning The correlation between discretionary investor equity positioning and ISM manufacturing is quite strong at 67%.