S&P 500 and Manufacturing PMI

S&P 500 and Manufacturing PMI Morgan Stanley expects the S&P 500 to decline 10-20% by year-end 2021. Image: Morgan Stanley Research

China Credit Impulse Leads Global Manufacturing PMI

China Credit Impulse Leads Global Manufacturing PMI China credit impulse tends to lead global manufacturing PMI by 12 months. Credit impulse is the change in new credit issued as a percentage of GDP. Image: Nordea and Macrobond

Global Manufacturing PMI

Global Manufacturing PMI Despite a slight decline, global manufacturing activity remains expansionary. Image: J.P. Morgan Asset Management

Global Manufacturing PMI vs. MSCI ACWI

Global Manufacturing PMI vs. MSCI ACWI PMI’s are peaking. Historically, markets tend to lead the macro for most time periods. Image: BofA Global Investment Strategy

Global Manufacturing PMI

Global Manufacturing PMI in October Global manufacturing PMIs continue to be strong in March. Image: Morgan Stanley Research